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Debt Relief Industry

Affiliate Relationship Melts Down. Strategic Debt Solutions Sues Saltzman, CLSA and Ira Frazer

Soon we’ll need to start a new category, “When Affiliate Relationships Go Bad.” They seem to be coming a bit faster these days. A reader send me in information about a suit that was filed at the end of October but was just removed to Federal Court. The case is Strategic Debt Solutions v. Saltzman Law Group, Martin Saltzman, Consumer ... Read More »

    Legal Helpers Debt Resolution and JEM Group Named in Ohio Suit

    A suit filed in Ohio has just been recently remove to Federal Court. The suit is Theodore Mangosh and Linda Mangosh v. Legal Helpers Debt Resolution, Thomas Macey, Jeffrey Aleman, Jeffrey Hyslip, Jason Searns, JEM Group, Joanne Garneau, and Arthur Garneau. The suit states, “Among the most recent conspiracies, this action arises for a coordinated scheme devised by Defendants with ... Read More »

      Florida Proposes Changes to Private Attorney Referral Service Rules

      Ready to Collapse

      A new bill in Florida would force some changes on the attorney referral services that are popping up. The bill applies to both legal and medical services. Private lawyer and legal medical referral services would have to disclose financial ties to clinics and law firms to which they refer callers. The bill states: • A lawyer and medical referral service ... Read More »

        Attorney Evan Kagan Sued for Commissions Owed by Non-Attorney

        I don’t go out hunting for these things. They just arrive in my inbox. Today comes this interesting suit involving attorney Evan Kagan in Florida. You can see past articles involving Evan Kagan here. This case is Automated Financial Transaction v. Evan Kagan, individually, and Law Offices of Evan S. Kagan, Consumer Legal Group. The case was filed on October ... Read More »

          Ohio Says No to Debt Settlement by Out of State Lawyers

          The Supreme Court of Ohio issued a recent ruling the forbids out of state lawyers from providing debt settlement services to Ohio residents. An out-of-state lawyer is not authorized to provide debt settlement legal services, including investigation, negotiation, and other nonlitigation activities, on a temporary basis in Ohio under Prof. Cond. Rule 5.5(c)(4) when the matter is not connected to ... Read More »

            Credit Card Delinquencies Poised for an Increase

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            In what I predict will be a good news, bad new trend for debt relief companies it now appears that we may be in early days of an increase in credit card delinquencies. This might be a big increase with both the holiday spending period upon us and employment remaining flat. Credit card delinquencies are currently at historic lows rates, ... Read More »

              How to Handle a Consumer Complaint Like a Pro And Come Out Smelling Like a Rose

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              Over the years of writing about the debt relief space I’ve grown exceedingly frustrated by companies that can’t seem to deal with consumer complaints or unhappy clients in a positive and constructive way. They seem to relish in shooting themselves in the foot, time and time again. A client complaint is a perfect opportunity to win over new clients if ... Read More »

                CESI Debt Solutions Asks Maryland to Help in Dispute With Amerix

                Recently I wrote about the suit filed by Amerix against CESI Debt Solutions (Consumer Education Services, Inc.) See the cleverly titled post Amerix Files Suit Against CESI Debt Solutions. An insider just forward to me a copy of a new filing in this matter, this time in Maryland. CESI is asking the Maryland Office of the Attorney General, Consumer Protection ... Read More »

                  Renaissance Debt Solutions Said to be Working With Credit Guard of America

                  A tipster (send in your tips here) with incredible eagle eyes sent in an observation from a BBB report. It’s the first time I’ve seen such a comment on a BBB report but it support what we’ve been saying over the past couple of years. Remember when we talked about how debt relief companies would need to develop stronger ties ... Read More »

                    Debt Settlement Goes Mainstream. InsideARM Debt Settlement Survey Out.

                    InsideARM DS Survey 1

                    The folks over at InsideARM recently conducted a survey of companies regarding debt settlement services. The surveys 649 respondents were mostly on the collection side of the fence so it’s interesting to see how those debt professionals feel about working with debt settlement providers. The survey seems to indicate the willingness of debt collectors and owners to work with debt ... Read More »

                      Global Client Solutions Class Action Suit in Illinois, Move to Federal Court

                      Yesterday a class action suit, Karen Manczak v. Global Client Solutions and Global Holdings was moved from State Court to Federal Court. The suit was originally filed in September, 2011. – Source The suit alleges Global Client Solutions (“GCS”) is a debt settlement service provider and falls under the Illinois definition of “debt settlement provider” and “debt settlement services.” The ... Read More »

                        Legal Helpers Debt Resolution Sues Lisa Madigan, Attorney General of Illinois

                        On November 8, 2011 Legal Helpers Debt Resolution aka Macey, Aleman, Hyslip & Searns filed suit against Lisa magian, Attorney General of Illinois and Bret Adams, Secretary of the Illinois Department of Financial & Professional Regulation. The case was filed by James Abbott of Litchfield Cavo LLP and Richard Epstein and Rebecca Bratter of Greenspoon Marder, PA. The suit claims ... Read More »

                          “Good Guy” Christian Debt Relief Provider Gets 13 Years in Prison.

                          Ready to Collapse

                          Gary Kent Allan was sentenced to 13 1/2 years behind bars for his debt relief services he sold to consumers. Allan convinced people who were in dire financial straits to hire him to negotiate with their creditors, refinance their mortgages, make payments on their behalf and reduce their debt, according to court documents. Allan operated as Christian Credit Consultants and ... Read More »

                            Utah Not Happy With Morgan Drexen Press Release About Licensing

                            Morgan Drexen Utah Citation

                            On October 26, 2011 Morgan Drexen sent out a press release titled “Success for Morgan Drexen as Utah Confirms Compliance.” Following the release I made an inquiry with the State of Utah at the request of a reader who had a question about the information in the release. Let me sum up the State of Utah response as not good ... Read More »

                              Who Really is Consult America?

                              Pure Cleaners

                              It’s funny how just a simple email from a reader or tipster (send in your tips here) can start a chain of events or an inquiry that goes in the oddest of places. Recently I got a tip that said LHDRHelp.com and Consult America (consultamerica.org) were related and were operated under the names of two debt relief executives we’d recognize ... Read More »

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