Article and information specifically geared to readers inside the debt relief industry.
A recent article by the Florida Bar seems to also be relevant to those attorneys that are selling mass joinder litigation to go after banks that issued mortgages. The mass joinder sales reps frequently say it is a solution to help avoid foreclosure. Here is an excerpt of what the Florida Bar has said: The …
A tipster (send in your tips here) sent me in the link to the current California debt settlement bill that listed who was before and against it. What is interesting to note is that Visa is for it and Consumers Union. Gail Hillebrand who was behind these efforts at Consumers Union is now with the …
A reader and tipster (send in your tips here) sent in the following sassy debt settlement commercial that aired recently. The advertisement suggests debts may be able to negotiate debts down to a small percentage of what is owed, credit calls will be stopped and assets will be protected. These statements appear to be not …
TraunsUnion has just released their latest report on credit card delinquencies. The lower the level of delinquencies, the lower the level for debt relief services since the vast majority of debt relief inquiries are stimulated by delinquent account holders. In a recent article, here, some in the debt relief community felt that the level of …
Apparently the attorney loophole for debt settlement services is being address in new legislation. The current bill passing through the legislative process in California has had a recent addition that specifically targets advanced fee attorney model debt settlement services. Here is what the current version of the bill says regarding attorney exemptions: Section 12501 “(E) …
A reader sent in an email and wanted me to see the following statement by a site called NetDebt at NetDebt.com. The issue they wanted to point out was the statement the site made. The NetDebt.com site makes other statements the solution involves a law firm but I could not find any mention on the …
“Dear Steve, I have been in a client relationship with Legal Helpers Debt Resolution for under a year and have been paying them fees to settle my debt. I’ve noticed that there is a class action law suit being filed against this company. Is this a legit company? Russ” Dear Russ, I’m going to let …
A tipster (send in your tips here) point out to me a recent post by Harvey Warren who has been involved in marketing or promoting the Robert Manning program from the Responsible Debt Relief Institute and Hope Financial USA. In the posting here, Warren states: Now, here’s the most amazing part in Utah. AAA Fair …
In some other comment threads on the site the issue has arisen that debt relief companies are doing the right thing for consumers by asking about their situation and getting budget numbers before qualifying the consumer for their program. And over on this article, if you search through the long comments, I’ve engaged in comments …
The Fulfillment Center just sent out the following email that makes some pretty incredible claims. From: Yaron Kimelman [mailto:yk*******@***il.com” data-original-string=”ebQ5KTgphYIYtmy7yISY0g==c3agtnHeOAcCAdvuqDDp7UP4VUZi0+baSUG3wc6jTcMtEKfpLn5uzKFgFsXqEY3yM7bnIuEJZ7h1u+kwwBIJ0ZrKym1C5iKbeG7onl3CwZvkwc6cJ0Timi3TTn0Nrf3N6z9635oNHujoADtQBhTrTJvmlYf/exNfici0H8lnW19nNsOyfgvGQZnzAuCzXrWzias2ZhsInHoWMNbrQrz6rG8nf6YrRsCqRAhvpc6VsXvwOZfHUX/lwT24SrNZuL8iZk24zySlkIwt2g96Rw/dY6R2g==” title=”This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.] Sent: Wednesday, May 18, 2011 9:52 AM To: Yaron Kimelman …