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Debt Relief Industry

Thomas Macey and Jeffrey Aleman Get Slapped by IL Board

Bitch Slap

For some time now there has been an open action by the Illinois Attorney Registion and Disciplinary Commissions against Macey and Aleman of Legal Helpers Debt Resolution. Well the final report is out and it surprised me. Well, I wasn’t shocked that Macey and Aleman were recommended for a two year suspension as lawyers. But I was surprised how much ... Read More »

    AFBC and Student Loan Payment Reduction Department

    inside of mailer

    An amazing reader, JMAN sent in a new debt relief mailer through my I Buy Junk Mail program. This one is for something called the Student Loan Document Preparation and Processing Services Program, Student Loan Payment Reduction Department, and AF Student Services. The key here is nothing in this self mailer is clearcut. The outside of the mailer looks like ... Read More »

      CT Kicks More Debt Relief Ass. When Will the Industry Learn to Not Piss Off CT?

      oops

      Maybe more in the debt relief world can learn by the unfortunate actions below by the Connecticut Department of Banking. I’ll let their words give the lesson that needs to be learned. LOCN, Inc, United Relief Services – December 3, 2014 1. LOCN Inc. d/b/a United Relief Services CEASE AND DESIST from violating Section 36a-671(b) of the Connecticut General Statutes, ... Read More »

        Rescue One Financial Still Sending Unsecured Personal Loan Mailers

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        An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program. I’ve covered Rescue One mailers before and it elicited an alleged former employee to speak out. See this link. My previous coverage even wound up with a rather dubious event, the appearance that Rescue One was potentially involved, directly or indirectly, in paying ... Read More »

          Creditors Concourse Trust – Crazy Times

          Senior couple at home focusing on angry man

          A reader wanted me to look at the website of a company called Creditors Concourse Trust at cctrusts.net. After looking at the site, I can see why. The site claims to be able to negotiate better terms with creditors by creating a trust which provides collateral security for the creditors in hopes to “obtain lower interest rates and longer periods ... Read More »

            HDRP Approval Department Mailer

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            An amazing reader, Roger, sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer is nearly identical to another one I covered here. The only differences are the name on the outside of the mailers, from HDRP Funding Department to HDRP Approval Department, and the phone number. The postal permit is 507 out of ... Read More »

              BeginToSave Sends Out Advanced Fee Debt Relief Mailer

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              An amazing reader, Rhodesey, sent in a new debt relief mailer through my I Buy Junk Mail program. It certainly looks like this a rehash of the old debt settlement mailers we used to see. The fine print at the bottom says “Begintosave is a national advertising center contracted by both local law firms and non-profit debt resolution companies.” Outside ... Read More »

                Complete Financial Solutions Mailer Goes to the Dogs

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                An amazing reader sent in one of the more unusual debt relief mailers I’ve ever seen through my I Buy Junk Mail program. Gary Jones from JW Financial Insights has apparently sent out a very odd mailer to people to promote something. The envelope appears to be very generic with a note attached. Inside the envelope the reader received what ... Read More »

                  Colorado Moves to Lower Debt Settlement Fees

                  process

                  A reader forwarded me a copy of this document from the State of Colorado regarding debt settlement. It contains some interesting sections. For example there is this one. Recommendation 2 – Limit settlement fees to 15 percent of the debt forgiven from a completed settlement. “A Settlement Provider negotiates with a creditor to convince it to forgive a portion of ... Read More »

                    Bicoastal Funding Debt Consolidation Loan Offer Review

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                    An amazing reader Burgemj sent in a new debt relief mailer through my I Buy Junk Mail program. It appears to be yet another offer sent from a very common sender, Sacramento, California Postal Permit 1297. Consumers have received a number of debt reduction offers from that postal permit. The debt consolidation loan offer from Bicoastal Funding arrived in a ... Read More »

                      Keep Up – It’s Novicore Solutions From Now On. Or is it?

                      Young man looking shocked in tablet pc

                      Remember Garden State Consumer Credit Counseling changed their name to Novadebt? Well now they’ve decided to change it again and on October 31, 2014 the company formally known as GSCCC will now be Navicore Solutions. According to information from the company the name change “more clearly conveys or mission and the growth of our counseling services beyond financial guidance.” – ... Read More »

                        Otto Berges and Consumer Protection Counsel Back in Court Again

                        puzzled looking little boy looking to the left

                        I previously published a story about an outfit out of Florida being challenged in court over allegations they were selling credit repair services. See this story. Well some of the same players are back in it again. This new suit names Berges Law Group, Otto Berges, Consumer Protection Counsel, Debt Be Gone, and Gregory Fishman. Well apparently a couple of ... Read More »

                          Debt Free Student Runs Most Unbelievably Dumb Advertisement

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                          A reader forwarded an advertisement they saw on Facebook for a student loan assistance company called Debt Free Student. Apparently they didn’t get the memo on using President Obama likeness in debt relief advertising. I’m sure the FTC is going to love seeing this one. Debt Free Student says they are located at 1200 Main Street, Suite G, Irvine, CA ... Read More »

                            Has Practical Debt Relief Gone Poof? Police Confirm Investigation.

                            stressed man

                            A tipster (send in your tips here) sent in the following statement: “Practical Debt Relief is gone. Around $250K was embezzled from the client accounts held by Global Client Solutions. The local police department are investigating which is Davie, Florida. Global Client Solution closed the accounts of all clients and sent them refunds and a letter explaining. If you call ... Read More »

                              Details on Florida Bar Complaint Against Howard Feinmel

                              Problem Solving Series

                              The Florida Bar has sent me a copy of the complaint they recently filed against Florida attorney Howard Feinmel. I reported yesterday about the case. But today there are more facts available after reading the filed complaint. Right off the bat I found it intriguing the Florida Bar makes the statement, “Respondent has represented various persons and entities, including but ... Read More »

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