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DDS Debt Defense Services Still Up to Old Tactics

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A reader sent me in an email Jason Pestritto sent out from a company called DDS, who I believe to be Debt Defense Services. This email came from the same Phoenix Marketing Managers that I raised issues about in “Debt Dispute: Phoenix Marketing Managers Claim to Offer Next Big Debt Relief Product – Debt Defense Services.” And while the service ... Read More »

    How to Deal With a New 1099-C Issued on Old Debt Using Little Known IRS Form 4598

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    It seems more and more people are getting tax form 1099-C issued now for the forgiveness of old debt from as long as twenty years ago. That’s a problem for consumers. This old debt is sometimes called “zombie debt” because it appears to come back from the dead. The first thing you should do is not panic. There is a ... Read More »

      Lloyd Ward, Amanda Ward, and More Named in Washington Class Action Suit

      Dallas attorney Lloyd Ward who was very involved in the debt settlement business was recently hit with a class action suit in the State of Washington. The suit was filed by The Scott Law Group against Lloyd Ward & Associates, Lloyd Ward PC, The Lloyd Ward Group, Lloyd Ward, Amanda Ward (his wife), Silverleaf Debt Solutions, and Michael Miles. The ... Read More »

        Creative Debt Solutions – Beware of These Apparent Idiots

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        A reader brought a debt relief company to my attention, Creative Debt Solutions at creativedebtsolutions.org. Beware and watch out. I took a look at their site and I was very unhappy to find some of the previously discredited tactics being promoted on their site. Just when you thought stupid tricks like novation and unilateral terms on payments was finally tossed ... Read More »

          Unsecured Debt Consolidation Loans Like This One Can Help to Get You Out of Debt

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          I wanted to share with you the story of Will, who decided that an unsecured debt consolidation loan was the best way to deal with his debt situation. Will was kind enough to share his experience and opinions about why he got the debt consolidation loan and his experience getting it. Q: What led you to decide that a debt ... Read More »

            United States Trustee Files More Allegations Against Morgan Drexen, Howard Law, Figueredo & Boutsis and Rosen & Wining

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            Yesterday I wrote about a court filing by the United States Trustee against Morgan Drexen, Howard Law, Figueredo & Boutsis and Rosen & Wining. In that separate case you can read about here, some similar accusations were made as made in this case. On May 11, 2012 the United States Trustee, Donald F. Walton and United States Department of Justice ... Read More »

              3 Reasons You Should Have a Secured Card

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              Secured cards are often misunderstood. And while they are an awesome tool to use to rebuild credit, there are other advantageous uses for them as well. For example, a secured card allows you to put a shine on your credit and raise your credit score WITHOUT going into debt. People are often credit shy after having lived through a debt ... Read More »

                I Moved From the UK. Can I Still Get a UK DRO Debt Relief Order? – Erin

                “Dear Jon, I moved from the UK to the US in January 2012 with UK debts. I lived in the UK for 14 years and plan to now resettle in the USA. Having sought advice on my sitution, I seem to qualify for a DRO based on my financials, but am ensure about the residency requirements? Your article on DROs ... Read More »

                  I Moved Out of the UK and Left Debt Behind. Will I Be Caught at the Border? – Franck

                  “Dear Jon, 7 years ago, I left an overdraft of 1500 pounds and roughly 500 pounds on my credit card. I moved abroad and worked in different countries. I never heard anything from the bank. The only time I heard from them was the first months after leaving, they were leaving vocal message on my UK phone. I have an ... Read More »

                    Payplan UK Said My DMP Would Be Over in 6 Years. It’s Not. – Gail

                    “Dear Jon, been paying off all our debts with a DMP with payplan, for the last 6 years! From January this year it said may 2012 would be are last payment, we got to may and the said june would be are last payment, I received an email yesterday saying are last payment will now be august! I have just ... Read More »

                      U.S. Department of Justice Levels Deception and Fraud Allegations at Morgan Drexen and Others

                      On May 11, 2012 documents were filed in two bankruptcy cases by United States Department of Justice, Office of the United States Trustee against Morgan Drexen and others. The allegations made are very sternly worded. In the first document filed against Morgan Drexen, Howard Law, Figueredo & Boutsis, and Rosen & Wining the trial attorney for the Office of the ... Read More »

                        Chapter 13 Bankruptcy – What Is It Questions

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                        Let’s take the mystery out of what is chapter 13 bankruptcy and eliminate your questions. No sense for you to labor under false assumptions and guesses. Bankruptcy is a legal process that allows consumers to allow the court to intervene between them and their creditors in order to put together a plan to repay creditors based on what the individual ... Read More »

                          I’m Looking to Get a Debt Relief Order to Deal with My UK Debt. Will I Qualify for a DRO?

                          “Dear Jon, I am looking to get a DRO. Currently I have 3 credit cards, Overdraft, loan and Hire purchase agreement on a car. Credit card debt totals £3200 Loan £1250 Overdraft £1500 Outstanding amount on HP £5000 Total £10950 I have had a major cutback in hours at work, so no longer able to service my debts. I am ... Read More »

                            What is Free Credit Report Monitoring and How to Get It

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                            There is no shortage of issues that abound when it comes to credit reports. Between worrying if the correct information is being reported about you to what might be going on with your credit report behind your back, you have to remain ever vigilant. There many places where you can pay for credit report monitoring but I like to recommend ... Read More »

                              The Erotic World of Financial Domination and Money Slavery

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                              Financial domination is the erotic fantasy in which the submissive (or money slave) gives gifts and money to the dominant person, the financial dominatrix or fin domme. The attraction may involve being treated poorly, teased, erotic spanking, blackmailing, slapping, whipping and other punishing behaviors. But there may be virtually no further intimacy between the individuals and no physical sexual contact. ... Read More »

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