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Debt Relief Industry

Don’t Know How Much I Need to Warn Debt Relief Companies That Robocalls Suck

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I’ve written quite a few stories about debt relief industry problems with the Telephone Consumer Protection Act and autodialers. If you’ve ignored me till now, maybe this record fine out of the Federal Communication Commission (FCC) will get your attention if your debt relief company is dialing for dollars. This week the FCC fined a company nearly $3 million over ... Read More »

    U-Fi Student Loan Debt Reduction Mailer Review

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    An amazing reader J sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer is for a purported student loan debt reduction or consolidation from U-Fi a Nelnet partnership. The mailer says you can “Save with a Refinance Loan from U-Fi.” There are a couple of concerns I have with the mailer. While the ... Read More »

      David Fishman of Arbitronix and Debtbusters Thinks I’m an Idiot


      So I just got the following email from someone who says they are David Fishman, the President of Paladin Resolution consisting of Arbitronix and Debtbusters. I’m happy to let people express a point or opinion so here is his letter to the editor, so to speak. “Mr. Rhode. I am a subscriber to your daily blurb on the debt settlement ... Read More »

        Former Legal Helpers Employee Wonders About Colonial Law Group

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        I received a tip from someone who claimed to be a former Legal Helpers Debt Resolution employee who pointed out something I should look at and raised an interesting observation. The person wondered if Legal Helpers Debt Resolution may have some relationship or link with Colonial law Group since, as they observed, the client agreements are nearly identical. What! There ... Read More »

          Law Offices of Angela Muller Hit With $100K CT Bill and CA Disciplinary Charges


          The State of Connecticut recently posted an action they took with Law Offices of Angela Muller, APC, and Angela Elizabeth Muller. It appears from the State Bar Court of California that Angela Mueller received a Notice of Disciplinary Charges on July 8, 2015. Another record shows five different case numbers filed on the same date. The Connecticut Department of Banking ... Read More »

            Renaissance Debt Solutions Hit with TCPA Suit


            In yet another Telephone Consumer Protection Act (TCPA) lawsuit, which seem to be coming fast and furious, Renaissance Debt Solutions is the unlucky named party. On July 29, 2015, Paul Sapan filed suit against Renaissance Debt Solutions over nine telephone calls “wherein they tried to pitch debt modification services.” In this case the consumer received two calls in January, four ... Read More »

              Howard Feinmel, Paul Herman Both Suspended Debt Attorneys for Now


              Readers of this site will recognize the name of Florida attorney Howard Feinmel. Over the years he’s appeared in a number of articles. You can click here to see them. According to a document from the Supreme Court of Florida from July 24, 2015 it appears Feinmel will be have his ability to practice law in Florida, revoked for five ... Read More »

                CFPB Says if Morgan Drexen Owes You Money You Are Potentially SOL


                The Consumer Financial Protection Bureau has finally taken down the old Morgan Drexen website and put up a message of their own. See for the latest version of the CFPB informational message. But yesterday on the CFPB website they put up advice and information for consumers who were harmed in the Morgan Drexen / Walter Ledda debacle. The most ... Read More »

                  Foreclosure Rescue Scam Wins Woman Nearly 4 Years in Jail

                  Dead man walking - Sad prisoner with handcuffs in prison with orange clothes

                  Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Benjamin B. Wagner, United States Attorney for the Eastern District of California, today announced that Tamara Tikal, 45, of Rio Vista, California, was sentenced on July 16, 2015, by United States District Judge Troy L. Nunley to three years and nine months in federal prison for her ... Read More »

                    Debt Relief Companies Urged to Shut Down Autodialers

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                    Last week the Federal Communications Commission rolled out new rules that will significantly impact any debt relief companies with an autodialer. The penalties are significant if you get caught violating these rules. I would expect to see new lawsuits against debt relief companies for violating the Telephone Consumer Protection Act (TCPA). Collections & Credit Risk did a great job covering ... Read More »

                      Debt Relief Advocates Sued in Ohio Over Claiming Debt Owed, But Not

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                      I was alerted to a lawsuit that was filed yesterday against Debt Relief Advocates, out of Plano, Texas. The suit claims the consumer was approached with an offer to settle their debt and wants to turn this action into a class action lawsuit against Debt Relief Advocates. But what makes this suit interesting and newsworthy is the allegation made by ... Read More »

                        CFLA Agent Apparently Goes Rogue


                        It appears an agent of Certified Forensic Loan Auditors went rogue and tied the name of the company to some unfortunate activity. According to the State of Connecticut, a James Graham, CFLA Agent, was selling debt relief services in the State and managed to run into trouble with the Department of Banking. The State of Connecticut says, “WHEREAS, James D. ... Read More »

                          Home Tech Group Gets Unwanted Attention in CT & WA


                          The State of Connecticut Department of Banking just published information on Home Tech Group, LLC out of South Dakota, Arizona, and California and they claim the company was operating in Commecticut without a license. MATTERS ASSERTED 1. At all times relevant hereto, Respondent was a South Dakota limited liability company with offices at 3213 W. Main Street #239, Rapid City, ... Read More »

                            New Crestmont Funding Credit Counseling Debt Consolidation Mailer Reviewed

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                            An amazing reader Shawn sent in another new debt relief mailer through my I Buy Junk Mail program. Shaw sent in another mailer received from Crestmont Funding. This one is different than the one I reviewed in this article. That other article has more information on Crestmont Funding than this one does. The new debt consolidation loan mailer is signed ... Read More »

                              Serial Debt Relief Scammers Back at it Again in Florida


                              The Federal Trade Commission (FTC) has had to invest loads of money again to police the debt relief industry to go after more false promises and schemes to sell people worthless services. Every time something like this happens and the debt relief industry doesn’t police itself, it only hurts all the good companies out there who want to play by ... Read More »

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