FTC Gives Companies Terse Warning About Fake Customer Reviews

The Federal Trade Commission is blanketing industry with a clear message that, if they use endorsements to deceive consumers, the FTC will be ready to hold them responsible with every tool at its disposal. “Receipt of the notice puts your company on notice that engaging in conduct described therein could subject the company to civil … Read more

Can There Ever Be Any Winners in These Debt Relief Lawsuits?

I’ve seen a lot of unfortunate situations in the debt relief space. I’ve written about many, but the problem between the Plaintiffs and Defendants and the mutual attorneys in one particular situation seems to be spiraling to a new level I’ve not seen before. No End in Sight Not long ago I wrote Student Loan … Read more

FTC Charges Two Florida-based Companies with Helping Student Debt Relief Scammers

Two Florida companies and their CEO will be permanently barred from offering payment-processing services to settle Federal Trade Commission allegations that they aided a criminal student debt relief scam that bilked $62 million from thousands of students and their families. According to the FTC’s complaint, Moneta Management, LLC, Moneta Management, Inc., and their CEO Michael … Read more

I Kind of Feel Bad for Julie Queler and Her Student Loan Assistance Business Mess

Let me start by saying my impression and opinion of the Julie Queler mess is based on public records. These are court documents and ultimately the case will have to play out in court. According to a July 7, 2021 court filing, Julie Queler, a Defendant in a suit with GM Law Firm, National Legal … Read more

California on Verge of Passing Debt Settlement Law That Protects Consumers

California is getting ready to pass AB-1405 titled “Fair Debt Settlement Practices Act.” Ironically, a number of settlement companies are located in California, Irvine in particular. Unless something magical happens the bill will pass. As it stands today, the bill has some serious consequences for settlement companies. This can be of no surprise to an … Read more

NJ Attorney in CT Hot Water Over a Loan Modification in 2014

The State of Connecticut has flexed its muscle against New Jersey attorney Filipe Pedroso and Pedroso Legal Services for providing loan modification assistance. The State says Pedroso is a licensed attorney in New Jersey but not in Connecticut. According to official documents, Pedrosa states he only assisted one Connecticut resident in 2014 but now faces … Read more

National Legal Staffing Support and Resolvly Pissed at Co-Defendants

An interesting development in the case filed against GM Law Firm, Chantel Grant, National Legal Staffing Support, Resolvly, Gregory Fishman, Julie Queler, Kevin Mason, JG Factor, Benjamin Zuckerman, and Berger Singerman. It turns out Julie Queler is the majority shareholder of National Legal Staffing Support and Resolvly but is not getting answers from her co-defendants … Read more

People or Entities Banned From Debt Relief as of June 23, 2021

The FTC has obtained federal court orders banning the companies and people listed below from participating in all or specific types of debt relief businesses. Generally speaking, debt relief is any program or service that offers to change the terms of a debt between a person and one or more creditors or debt collectors, including … Read more

TurboFinance Drags Down CareOne Benefit and American Debt Reduction

I was sent the following press release to publish for TurboFinance. I don’t know who TurboFinance is but the information in this press release makes no sense. A look at the TurboFinance website uncovers it is a lead generator. The site says, “TurboFinance is an independent, advertiser-supported website and may receive compensation for some links … Read more

Multiple Student Loan Debt Relief Entitles Settle With FTC

The operators of a student loan debt relief scheme are banned from providing debt relief services and have agreed to settle Federal Trade Commission charges that they collected illegal upfront fees and falsely promised to lower or even eliminate consumers’ loan payments or balances. In its 2019 complaint, the FTC alleged that Student Advocates Team … Read more

CFPB Takes Action Against Debt-Settlement Company for Charging Consumers Unlawful Fees

The Consumer Financial Protection Bureau (CFPB) requested today that a federal district court enter a final judgment and order that, if entered by the court, would require DMB Financial, LLC to pay consumers at least $5.4 million for charging unlawful fees and failing to provide required disclosures to its customers, and a civil penalty. The … Read more

The Wife of Jeremy Marcus Loses Appeal and Commission

Amanda Finley tried her best to keep her real estate commission from selling her husband, Jeremy Marcus, a Florida home, but there is a catch. Jeremy Marcus was the person behind 321 Loans and 321Financial that imploded after the Federal Trade Commission went after them for defrauding consumers. Finley was arguing that the real estate … Read more