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In The News

New Era Debt Solutions Tells TASC to Shove It After Attending Debt Settlement Conference

New Era Resignation Letter

New Era Debt Solutions has just notified TASC they have resigned from TASC, effective immediately, out of disgust of tactics. Click on image for larger view. It appears that whatever went on at the recent debt settlement leadership conference in Las Vegas stirred up enough of a bad taste in the mouth of New Era Debt Solutions that they have ... Read More »

    Debt Settlement Companies Please Stop Announcing You Are Going to Comply With New Rules And Just Do It

    Hamilton Debt Relief Cartoon

    In what is becoming an irritating series of press releases from debt settlement companies comes yet another from Hamilton Debt Relief. The point debt settlement companies are missing is that it should not be news if you actually abide by the rules and laws of the land. That’s not the stuff you pay to announce in the press. Where you ... Read More »

      Consumer Recovery Network Makes The Wall Street Journal Site

      Ready to Collapse

      Our friends over at the Consumer Recovery Network (CRN) made the Wall Street Journal site today in a good way. In an article titled Limiting Psychological Damage From Debt Collections a consumer talks about how working with CRN helped to easy their stress. Helped by the Consumer Recovery Network, which teaches people to self-manage the wrenching debt settlement process, Bonadio ... Read More »

        Debtmerica Launches It’s New Performance 100 Program to Comply With FTC TSR. But…

        Debtmerica Graphic

        So this morning I open up the press release from Debtmerica and I was elated to see yet another debt settlement company come out and support the FTC TSR. But when I scrolled down to the bottom of the release, what do I see, but an embedded look at the top of their website with language that the FTC TSR ... Read More »

          Doug Van Arsdale of Credit Solutions of America Loses Awesome Football Season Tickets to IRS

          Ready to Collapse

          Tipsters have been sending in information about a rumor that Credit Solutions of America CEO just had the IRS seize and sell Dallas Cowboy season tickets he was using to make a little dent in the $4.5 million owed by his other company,, to the Internal Revenue Service. The Dallas Morning News is reporting the prime seating tickets sold ... Read More »

            Global Client Solutions to be Called to Testify Before the Senate Commerce Committee

            Ready to Collapse

            In what could be a first step towards a mortal wound for Global Client Solutions and similar companies like NoteWorld, Senator McCaskill has said that Global Client Solutions will be called to testify before a Senate Committee. This is especially telling since Global Client Solutions, through its partner, Rocky Mountain Bank, has been advised to know their debt settlement customers ... Read More »

              Debt Management Plan With United Financial Systems Runs Off the Rails

              United Financial Systems

              Out of The Morning Call comes the story, Debt management firm mismanages debt, in which United Financial Systems of Margate, Florida is thrown under the bus for collecting money from a consumer and not sending it to her creditor. Oops! Greene said United Financial Systems withdrew money from her account as scheduled, but failed to make three payments to Chase ... Read More »

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