Article and information specifically geared to readers inside the debt relief industry.
An awesome tipster (send in your tips here) uploaded a copy of the Form 1012-R mass joinder mailer they received. They said: After receiving 2 of these today I came to my computer to google the information which led me to your site. I did not find World Savings listed. I did however see your …
A tipster (send in your tips here) sent in a pitch Cyrus Global is sending out information to prospective affiliates/partners promoting that debt restructuring is superior to debt litigation lawyers, debt settlement companies and debt management companies. Has anyone talked to an actual consumer that had a debt buyer that purchased their debt and restructured …
It occurred to me that this morning I wrote an article about what to do if your debt settlement company might go out of business but while I’m sitting here waiting for my next flight I thought I’d share some advice if you are a debt settlement company and it does not look like you …
Today’s candidate for Do They Comply was sent in by a regular tipster (send in your tips here). It’s a good example to use for out little compliance game. Of interest is the column showing the saving example. I bet Freedom Debt Relief would have some advice to give on that issue after their recent …
Loyal readers of this site know I look at a lot of debt relief sites and sometimes write reviews of those sites. Well this site is so egregious it does not need a lengthy review. It’s just total crap. The Department of Consumer Services Protection Commission pretends to be something it is not. It pretends …
The Center for Responsible Lending has sent out the following press release on the California Debt Settlement Bill that has been proposed by Majority Leader Ellen Corbett. Here is a copy of the current version of SB 708 as introduced. The history of SB 708 can be found here. OAKLAND, Calif., March 7, 2011 /PRNewswire-USNewswire/ …
Just last week Freedom Debt Relief settled with the State of Washington for a bit over $740,000. Today out of New York comes the announcement that Freedom Debt Relief os now settling an issue there for $1.1 Million. This case should be a warning to any debt settlement company that is advertising any claims of …
Multiple sources have now come forward to share with me information that shows the BBB has written an extensive guide on regrading BBB debt settlement company members. The bottom line is that the BBB recognizes the importance of the FTC Telemarketing Sales Rule implementation and is using that as the basis of the regrading. The …
In an effort to wrap my head around who are the current players in the marketing of mass joinder and mass litigation when it comes to mortgages I’m posting this article. This post draws no conclusions but is simply a repository of examples of this type of marketing. If you have any additional examples, please …
A tipster (send in your tips here) want to know if Credit Arbitrators was the same company as Credit Answers. I took a look at the two websites and discovered they have the same picture of the same office building they work in. I’ll let you comment and judge. Click image for a larger view. …