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Is Fulcrum360 Going to Start Offering Loan Modification Services Like Modify Utah?

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A tipster (send in your tips here) sent me an email and asked me to look at Fulcrum360 and said it was the new mortgage modification company with Paxton Guymon as registered agent. Guymon was also the registered agent of Modify Utah which suddenly closed up doors and left people stranded. – Source According to State of Utah Records the ... Read More »

    Cambridge Life Solutions Sucks But Canadians Still Falling for Slick Sales Pitch

    Ready to Collapse

    Cambridge Life Solutions is again in the news for their alleged bad practices of charging advance fees and they get roped into the wider issue of deceptive advertising. Those of us in the United States know these issues well. The Federal Trade Commission outlawed such practices in the U.S. in 2010 and the majority of bad actors have vanished since ... Read More »

      California Man Arrested Who Had Consumers Deed Property to Trust to Lower Mortgage

      Alan David Tikal, 44, of Brentwood, Contra Costa County, Calif., was arrested on Friday at his home on a complaint charging him with mail fraud for masterminding a multistate scam that defrauded distressed homeowners, announced the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and United States Attorney for the Eastern District of California Benjamin ... Read More »

        American Express to Pay Big for Illegal Credit Card Practices. Consumers to Get Refunds.

        In announcements today the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) both announced fines and refunds against American Express totaling more than $100 million and creating refunds due consumers. Part of the issue at hand is how American Express falsely handled debt settlements on their cards. It is alleged American Express subsidiaries ... Read More »

          What Planet is Debt Free Angels On? I’m Going With Uranus.

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          A reader sent in a tip about a claim made on the San Antonio, Texas Debt Free Angels website (debtfreeangels.com) regarding how their service helps protect a security clearance. I thought they certainly can’t be saying that. And there it is. Debt Free Angels is a debt relief company that has appeared in this site before. You can see past ... Read More »

            Court Dismisses Lloyd Ward’s Suit Against GetOutOfDebt.org

            On October 7, 2011 Dallas debt settlement attorney Lloyd Ward sued my wife, myself, this site, and the company. You can read about the suit at Lloyd Ward and Lloyd Ward & Associates Sue GetOutOfDebt.org. Today the court dismissed the case. – Source Read More »

              Realty Attorney Group APC and Realty Group & Consulting Seized in California

              The State Bar of California announced today it has shut down the operations of an Ontario lawyer who allowed his name and law license to be used in a scheme to defraud distressed homeowners. The bar obtained a court order (attached) this morning to assume jurisdiction over the law practice of Gary David Tracy, 50, (bar # 167212). His firm, ... Read More »

                J. Hass Group Goes Missing. Offices Cleaned Out.

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                Thanks to a reader who alerted me to a story out of Arizona, the J. Hass Group, operating out of Scottsdale, Arizona has gone missing. According to a local television station, teacher Patricia Aker heard a radio commercial for J. Hass Group and was told that for a $4,200 fee, the J. Hass Group could settle her debt. After 17 ... Read More »

                  Certified Forensic Loan Auditors Offers Quiet Title Class

                  A readers sent in a link to an upcoming class on “Achieving Principal Reductions with Lenders by Creating Leverage,” a class on mortgage securitization and quiet title actions. – Source It’s an interesting class to see, especially as hard as the Florida Attorney General hit some land trust companies in Florida this week who were selling quiet title debt relief. ... Read More »

                    Details on Florida Attorney General Lawsuit Against Fidelity Land Trust, Ed Cherry, Larry Diodato and Others

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                    The following is additional information about the complaint filed against Edward Cherry, Lawrence Diodato, Paul Gellenbeck, Shane Frankovic, Anthony C. Pintsopoulos, The Fidelity Land Trust Company, LLC, The Sunshine State Land Trust Company, LLC, Florida Land Trust Services, LLC, Growth Capital Funding, LLC, August Belmont And Company, LLC, Esquire Litigation Support, LLC, Click Media Consulting, LLC doing business as Florida ... Read More »

                      United States Tax Lien Association the New Thing for Wealth Without Risk Saen Higgins

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                      Remember the hotly pitched infomercial product Wealth Without Risk with Saen Higgins? Well since the recent FTC actions and shutdowns of related operations it looks like SaenHiggins.com which was promoting the tax lien scheme is either gone or offline. You can see a picture of the old Wealth Without Risk site here. A recent commenter posted the following observation: “I ... Read More »

                        Fidelity Land Trust, Ed Cherry, Larry Diodato, Paul Gallenbeck, and Others Named in Florida AG Suit to Shut Them Down

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                        The Palm Beach post today is reporting the Florida Attorney General has filed a 45 page suit against some familiar names to readers of this site. The defendants include Edward Cherry, August Belmont & Company, Lawrence Diodato, Fidelity land Trust, Shane Frankovic, Anthony Pintsopoulos, Click Media Consulting, Florida Home Rescue Mission, Esquire Litigation Support, Growth Capital Funding, Sunshine State Land ... Read More »

                          MyDebtRelease.com – Watch List

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                          Steve Notes: This advertisement came to my attention for MyDebtRelease.com. The ad they place online doesn’t even make any sense. If we just focus on the get out of debt claims they make they are without substance and make a number of claims but provide no details. The claims appear to be unsupported to me. My recommendation is to run ... Read More »

                            NC AG Warns Consumers About Community Mortgage Assistance Program, Lender Exchange, and Tidewater Financial

                            Ready to Collapse

                            A tipster (send in your tips here) has alerted me that North Carolina has recently taken action against some foreclosure rescue companies. Three North Carolina companies that claim to help people win lower mortgage payments and save their homes from foreclosures are instead ripping off homeowners and must be shut down, Attorney General Roy Cooper said Monday. “These schemes promise ... Read More »

                              Your Rented Computer May Be Spying on You and Taking Pictures

                              sexy computer

                              Seven rent-to-own companies and a software design firm have agreed to settle Federal Trade Commission charges that they spied on consumers using computers that consumers rented from them, capturing screenshots of confidential and personal information, logging their computer keystrokes, and in some cases taking webcam pictures of people in their homes, all without notice to, or consent from, the consumers. ... Read More »

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