Latest Posts
Home > Debt Relief Industry (page 116)

Debt Relief Industry

Up-Front Fee Debt Negotiation Program, Credit First Financial Solutions – BANNED BY FTC

Ready to Collapse

The telemarketing business will be permanently off limits to a deceptive pitchman whom the Federal Trade Commission sued last year for allegedly tricking consumers into paying hundreds of dollars for a credit card that could only be used to buy merchandise from his companies’ Web sites. Under a settlement order with the FTC, pitchman James Nicholson and a group of ... Read More »

    Decision One Solutions Review

    Address: Unknown. Not on site and no registered company found with the name of Decision One Solutions. Website: Domain name was registered on January 21, 2010 and is owned by Michael Basilicato. [email protected] Description: “A full service debt solution company” – from Decision One Solutions sales video. [flashvideo file=/wp-content/uploads/mikeybdecisionone.flv /] Decision One Solutions is a full service Debt Solutions ... Read More »

      Innovative Wealth Builders Review. Scam?

      Innovative Wealth Builders Structure

      Address: Innovative Wealth Builders, Inc. 28059 US Highway 19 North Suite 300 Clearwater, FL 33761 Website: This domain was registered on February 4, 2008. Description: Frankly, I don’t have a clue what they do. Their site makes no sense. Management There are actually two active companies in Florida called Innovative Wealth Builders. one is Innovative Wealth Builders, Inc. and ... Read More »

        I Called Johnson Law Group But Their Number Is Disconnected. – Danny

        Ready to Collapse

        “Dear Steve, I have a question. I signed up with the Johnson Law Group since June of 09 they promise me they can settle my debt and help me get out of debt in 18 month however they say it takes 5-6 month for credit card company to accept the offer. I paid them 8 month now however im still ... Read More »

          Debt Settlement Company Robo Calls BBB Office

          Ready to Collapse

          You know this happens all the time. An automatic dialer from a debt settlement company calls an Attorney General office by mistake. In this case the call went to a BBB office in Texas where it was recorded. Okay, before you get your britches in a bunch I know the BBB has no regulatory authority but they are the wrong ... Read More »

            Foreclosure Scam Ringleader Faces 49 Years Behind Bars

            Ready to Collapse

            The ringleader in a Carlsbad, California-based scam that tricked mostly Spanish-speaking homeowners into paying for a bogus service to stave off foreclosure was convicted of 160 felony counts by a San Diego jury Tuesday, according to the district attorney’s office. William Hutchings, 62, of San Diego faces 49 years in prison on the convictions that included conspiracy, grand theft, rent ... Read More »

              Loan Modification Company Operating Out of Mailbox at UPS Store is a Scam

              Ready to Collapse

              Federal prosecutors have indicted two San Diego men featured in an ABC News investigation for their role in allegedly defrauding desperate homeowners trying to modify their mortgages. Investigation uncovers businesses posing as something they’re not. Glenn Rosofsky and Michael Trap, who ran a business called Nations Housing Modification Center, are charged with duping homeowners who were falling behind on their ... Read More »

                U.S Foreclosure Relief Banned From Foreclosure Relief Business

                Ready to Collapse

                Missouri Attorney General Chris Koster today announced that the operators of a foreclosure-relief business will no longer be allowed to do business in Missouri or other states, thanks to a court settlement with Missouri, California and the Federal Trade Commission (FTC). US Foreclosure Relief Corp., George Escalante, Cesar Lopez and Adrian Pomery are permanently banned from selling mortgage loan modification ... Read More »

                  Is the Living Free and Clear Program Offered by TJ Marrs and Asset Solutions a Scam?

                  Living Free and Clear Sales Price

                  Recently someone came to the site and posted a comment (see comment from Dee) that lead me to the video to the right and that took me to the Living Free and Clear program by TJ Marrs (Theron-Jay Marrs). At first glance I saw what I thought were many of the same pitches I saw from Dave Burke and The ... Read More »

                    Is the Debt Relief Program By Dr. Robert Manning and Hope Financial USA, Legit? – Vicki

                    “Dear Steve, I am very in debt, a little under $40K. I was out of work last year for over 6 months. I purchased my town home in 10/08 for 163K, at 6.9%. I refinanced May09 at 5% but I had to roll in the finance charges (getting back my escrow to help living expenses) and my new mortgage is ... Read More »

                      Debt Settlement Firms Split on Maryland Bill to Regulate Fees

                      Ready to Collapse

                      Companies that help consumer debtors pursue lower payments to their creditors would have to wait until a debt settlement is reached before collecting their fees under a bill now in the legislature. The bill, backed by the Maryland Consumer Rights Coalition, would allow these businesses to charge an upfront fee of $50 and then receive 15 percent of the total ... Read More »

                        Preferred Financial Services Review

                        This review is the result of a question from a reader about Preferred Financial Services. Address: 300 Brickstone Square, Andover MA 01810 Website: They own their domain name and it was registered on June 25, 2008. The administrative contact is Wayne Ahlquist. Description: I am assuming they are a debt settlement company. They have a link to their about ... Read More »

                          Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members of TASC & USOBA.

                          I’ve seen more coy and scammy mailers being sent by companies in an attempt to trick or confuse people in debt to believe that some sort of government help is available to help them with their consumer debt. For the most part these mailers are nothing more than deceptive advertisements that try to get consumers to call and then be ... Read More »

                            Heritage Debt Relief Review

                            Address: Enrollment 7500 Rialto Boulevard Suite 170 Austin, TX 78735 – Source Client Relations 105 S. Canyonwood Drive Dripping Springs, TX 78620 – Source BBB Listed Address 6060 North Central Expressway Suite 560 Dallas, TX 75206 – Source. Interestingly this appears to actually be the address for The Sartin Law Firm. Not sure of relationship to Heritage Debt Relief. Website: ... Read More »

                              Former Bank VP of Recovery Operations Says TASC and Most Debt Settlement Companies, Suck!

                              Ready to Collapse

                              Dear Steve, My name is Jeff Meek and until Aug 2009 I was Vice President of Recovery Operations for WaMu Card Services. During my almost five year tenure at the bank I had the opportunity to review the Debt Settlement industry through the critical eyes of an issuer. When we began looking at Debt Settlement as a option for our ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                Latest Info, Best Advice, Cutting Edge Tips

                                I promise to keep your email safe and secure.