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Scam Amish Heater Mailer Makes Me Curious – HS Payment Processor

Amish Heater Letter 3

Loyal readers know I typically focus on consumer debt related issues but this recent marketing piece sent to my dead mother made my blood boil. The outside of the marketing piece clearly appears to spoof an official government mailer. I think it tries very hard to trick recipients into thinking this is critical government mail, maybe from the Internal Revenue ... Read More »

    Virginia Based Military Members Now Safer from Long-Distance Lawsuits

    Military Flag

    by Paul Kiel ProPublica, Dec. 26, 2014, 11:25 a.m. Federal regulators reached a settlement last week with the owners of two high-priced lenders over what they alleged were illegal debt collection practices against service members. The Virginia-based companies were featured in a ProPublica story last summer. The action by the Consumer Financial Protection Bureau, which enforces federal consumer laws, is ... Read More »

      Be Magically Debt Free Today – The Best Christmas and Hanukkah Gift

      Steve Rhode - Get Out of Debt Guy

      The holiday season weighs heavily on our bank accounts. It seems there are two camps at this time of the year, those that spend to much and those that wish they could spend more. Both camps carry a common guilt. For those that overindulged on spending during the holidays, the traditional holiday hangover will arrive in January. The Post Office ... Read More »

        FTC Stops Payday Loan Scammers From Tapping Bank Accounts

        ftc

        A data broker operation sold the sensitive personal information of hundreds of thousands of consumers – including Social Security and bank account numbers – to scammers who allegedly debited millions from their accounts, the Federal Trade Commission charged in a complaint filed today. According to the FTC’s complaint, data broker LeapLab bought payday loan applications of financially strapped consumers, and ... Read More »

          Consumers With Mortgage Problems Continue to be Gullible Lambs

          Big Scam Dog

          After writing about consumer debt issues for decades now, I have to admit it gets very frustrating watching people fall for the same old scams over and over. Do people never learn or does commonsense and logic just fly out the window the minute someone shoves an official looking document in your face? The SIGTARP (Special Inspector General for the ... Read More »

            Thomas Macey and Jeffrey Aleman Get Slapped by IL Board

            Bitch Slap

            For some time now there has been an open action by the Illinois Attorney Registion and Disciplinary Commissions against Macey and Aleman of Legal Helpers Debt Resolution. Well the final report is out and it surprised me. Well, I wasn’t shocked that Macey and Aleman were recommended for a two year suspension as lawyers. But I was surprised how much ... Read More »

              AFBC and Student Loan Payment Reduction Department

              inside of mailer

              An amazing reader, JMAN sent in a new debt relief mailer through my I Buy Junk Mail program. This one is for something called the Student Loan Document Preparation and Processing Services Program, Student Loan Payment Reduction Department, and AF Student Services. The key here is nothing in this self mailer is clearcut. The outside of the mailer looks like ... Read More »

                Debt Collectors – A Changing Landscape. Here is What the Future Brings.

                future

                Having been a GetOutOfDebt.org site reader and contributor for many years, I am used to seeing posts about what the New Year will bring to debt relief services. Below, I offer my own brief version of what may come in 2015, but with a focus on debt collectors. Changes that we should see to rules governing debt collectors behavior, next ... Read More »

                  Government Goes After Student Loan Assistance Companies

                  The Consumer Financial Protection Bureau (CFPB) has taken action against some student loan assistance companies that are selling programs to consumers saying they can offer great benefits to those with student loans. The CFPB went so far as to say they “took action to put an end to two student “debt relief” scams that illegally tricked borrowers into paying upfront ... Read More »

                    FTC Shuts Down Scads of Phony Mortgage Relief Scammers

                    Stop Countrywide Mortgage Abuse

                    The Federal Trade Commission has announced a federal court has entered orders against 22 defendants who offered financially strapped consumers fake home-loan modification services that the FTC claims violated the FTC Act and the Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule bans mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer ... Read More »

                      Do I Need to Leave My Boyfriend Because of His Debt?

                      process

                      “Dear Steve, Where do I begin…. Well first this question is about my boyfriend more so than me. My boyfriend just turned 34 and I am about to be 27. When I met him he had just been laid off from his sales job in 2011. He had to move out of his apartment and move in with a friend. ... Read More »

                        Michael Lupolover Gets His Comeupance. Now it Makes Sense.

                        Portrait scary monster clown

                        The Consumer Financial Protection Bureau recently ended a debt settlement case they pursued with a prison sentence for the lawyer owner of that company, click here. But what was a bit of a mystery in that case was how Michael Lupolover, an attorney, and Premier Consulting Group, who were originally named in the case and then were not part of ... Read More »

                          Reader Expresses Concern Over Spire Law Group Going POOF!

                          Screen Shot 2014-12-02 at 10.17.09 AM

                          I received the following tip from a reader, send your tips in here. Apparently Spire Law Group has finally fully imploded. The reader says, “Spire Law is closed down( Aug 2014) leaving all their clients holding the bag. The Abeel v Bank of America lawsuit was dismissed. As a way to keep their clients at bay, Spire Law came up ... Read More »

                            Rescue One Financial Still Sending Unsecured Personal Loan Mailers

                            rescue_one__front

                            An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program. I’ve covered Rescue One mailers before and it elicited an alleged former employee to speak out. See this link. My previous coverage even wound up with a rather dubious event, the appearance that Rescue One was potentially involved, directly or indirectly, in paying ... Read More »

                              What I Learned as an Attorney From Discharging Student Loans in Bankruptcy

                              Fight Back - Red Button

                              I asked attorney Lindsay Smith for some feedback to share with you about her experiences in representing consumers against student loan companies. 1) What did you learn from defending a recent consumer against a student loan company? I learned: a) Not to assume that all student loans are “next to impossible” to discharge in bankruptcy absent showing a hardship discharge; ... Read More »

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