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Debt Relief Industry

Legal Helpers Debt Resolution Account Being Sent to Consumer Affairs Law Center

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A reader has just let me know that their account with Legal Helpers Debt Resolution is being sent to Consumer Affairs Law Center. This is intriguing considering the mass termination of affiliates on March 30, 2012 from Legal Helpers Debt Resolution. If the notification is true, it appears Legal Helpers is taking client accounts and thus income away from non-attorney ... Read More »

    Velocity Processing and Velocity Processing Debt Resolution Sue Legal Helpers Debt Resolution

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    Velocity Processing has sued Thomas Macey, Bryan Fears, Jeffrey Aleman, Jeffrey Hyslip, Jason Searns, Legal Helpers Debt Resolution and Macey, Aleman, Hyslip & Searns in Texas. In yet another case of a business relationship with Legal Helpers Debt Resolution going bad, Velocity Processing, identified as a franchisee, is going to court. The use of the franchise identification is interesting because ... Read More »

      Unsecured Consumer Debt Still Dropping

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      The latest consumer credit data has been released and as forecasted, the levels of unsecured credit card debt are still dropping. In fact if you factor in inflation, the amount of revolving consumer debt consumers are carrying today is now lower than 2010 levels. Consumer credit increased at an annual rate of 4-1/4 percent in February. Revolving credit declined at ... Read More »

        Debt Settlement Scammers Headed to Jail

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        A couple claiming to settle debts and soliciting funds to do so was sentenced to jail last week. Monica Clune, along with her husband John, solicited the victims for debt settlement services. After receiving initial fees, the Clunes proceeded to collect money from the victims claiming they were obtaining settlements from creditors on behalf of the victims. After forwarding about ... Read More »

 is Now

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          A reader forwarded a message that Nicholas Passlacqua sent out a message that is and is offering ten free debt settlement leads to try their service. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? I can always use your help. If you have a tip or information you want to share, you can get ... Read More »

            Feel Like Being a Detective? What Can You Find About 1st United Consultants?

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            A consumer just posted a complaint about a debt relief company called 1st United Consultants. You can read it here. In reviewing the website of this company it appears entirely mysterious what they are claiming to offer. They say a lot of things and nothing at all, all at the same time. Reads like doublespeak to me. This is how ... Read More »

              I Suspect Debt Aid Processing Didn’t Realize What They Posted

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              A reader brought the following page to my attention on the Debt Aid Processing website. They wanted to know if the FTC approved back end debt settlement companies. Huh? And sure enough, the page they directed me to on the Debt Aid Processing website does say “FTC approved back end company.” I’m going to have to give the company the ... Read More »

                Joanne Garneau with JEM Group Sues Legal Helpers Debt Resolution. My How Times Change.

                A tipster (send in your tips here) forwarded me a couple of documents from a case filed on March 27, 2012 by JEM Group and CDS Client Servicers against Legal Helpers Debt Resolution. JEM Group President and CEO is Joanne Garneau, a staunch investor of time, energy and resources in the concept of attorney model debt settlement model with Legal ... Read More »

                  Opportunity Debt Management Makes Some Bold Claims That Don’t Add Up

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                  I found the advertisement below for Opportunity Debt Management online yesterday. It appears to contain the same old messages which the FTC and others have addressed in suits and actions. Opportunity Debt Management appears to make claims that all consumers will become debt free in a few short years, their service will end collection calls, bankruptcy will be avoided, no ... Read More »

                    LegalZoom Appears to Hook Up With Legal Helpers / Macey Bankruptcy Law

                    A tipster (send in your tips here) sent me a link to the LegalZoom site where apparently Macey Bankruptcy Law (AKA Legal Helpers) is now the bankruptcy provider on the Legal Zoom Site. – Source Apparently LegalZoom did their due diligence and had no problem with the Legal Helpers past issues and the C- BBB rating. Over the past three ... Read More »

                      Doug Van Arsdale and Credit Solutions of America Back in the News Again

                      Back in 2010 Credit Solutions of America was challenged by the State of Vermont over its practices and activities. CSA decided to fight the charges and in the meantime Doug Van Arsdale, CEO, got involved with a new venture,, that has turned into a swirling mess. Yesterday the Vermont Attorney General announced the case against Van Arsdale and CSA ... Read More »

                        A New Day is Coming for Debt Relief


                        Last night I did something I haven’t done in a while, I cruised the Craigslist ads looking for the latest claims and ads offering some magical debt relief solution. In the past it has been a treasure trove of problems and offers consumers should avoid. After looking at the ads in New York, Miami, and Los Angeles, to my utter ... Read More »

                          Can Anyone Verify This Rumor About Legal Helpers Debt Resolution?

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                          I just received the following tip but have no way to verify if it is true or factual. Can anyone add any additional information and either confirm or deny the statement? I want to make sure it is reported factually. Hi Steve, I heard that legal helpers out of Illinois announced to all their processors and affiliates that they will ... Read More »

                            Lloyd Ward & Associates Filed Bankruptcy Rather Than Settle Its Own Debt. Kind of Ironic.

                            Under the same heading of people sending me all sorts of stuff about Lloyd Ward, the debt settlement attorney in Dallas, Texas, I got one of these documents below last week and that sent me off today to learn more about what was alleged. I’m not going to write about the documents below but I’ll just post them here so ... Read More »

                              Kansas Says No Exemption to Attorney Debt Settlement Companies

                              The Kansas Court of Appeals has issued a ruling in the case involving Consumer Law Associates, Persels & Associates, David Herron II, Stanley Goodwin, and Laura Simpson-Redmond. In this case the State of Kansas went after the named parties after receiving some complaints from consumers. The individuals named are licensed attorneys in Kansas but Consumer Law Associates and Persels & ... Read More »

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