Latest Posts
Home > Debt Relief Industry (page 72)

Debt Relief Industry

TX Class Action Suit Filed Against Debt Choice, Lexxiom, The Iniguez Law Firm, and Miguel Iniguez, Esq.

A tipster (send in your tips here) brought the recently filed class action case in Texas to my attention. Mary Hope v. Debt Choice, Lexxiom, The Iniguez Law Firm, and Miguel Iniguez. It is yet another case that involves an attorney debt settlement model, back-end servicer, and marketing partner. On March 22, 2011 Mary Hope filed a class action lawsuit ... Read More »

    Credit Counseling IRS Non-Profit Status Revocations for 2011

    Ready to Collapse

    The IRS has revoked its determinations of the following organizations as described in sections 501(c)(3) and 170(c)(2) of the Code. Christian Credit Counselors International, Santa Ana, CA – 2-28-2011 Consumer Credit Protection Agency, Tampa, FL – 2-28-2011 Debt Serve, Fort lauderdale, FL – 2-22-2011 Falls Consumer Credit Management, Akron, OH and Saint Clairsville, OH – 2-28-2011 Harbour Credit Counseling Services, ... Read More »

      Non-Profit Credit Counselor CEOs Making Big Bucks

      NP Comp

      Thanks to a tipster (send in your tips here) I was directed to an article that appeared recently titled Non-profit credit advisers cash in; CEOs earn big as consumers struggle. The article does make some interesting observations that some of the larger non-profit credit counseling groups do pay their CEOs a tremendous amount of money in compensation. “Of the 44 ... Read More »

        My Walking Tour of Cambridge Credit Counseling

        Recently I had the pleasure of meeting up with the folks at Cambridge Credit Counseling in Springfield, Massachusetts. I wanted to take you on an audio tour of the office and share with you what I saw. Audio Tour of Cambridge Credit Counseling During the tour you will hear me talk to Thom Fox about our previous visit to the ... Read More »

          Affiliate Word Salad With CuraDebt Dressing


          Update April 30, 2015 CuraDebt reported an error with this post. “The information in this post were from an affiliate, and have been solved. The company has been licensed as a telemarketer and holds a bond and foreign reg. in FL. If a client sees these posts they will think the information is still valid, and fortunately at this time ... Read More »

            Legal Helper Debt Resolution Lawsuits Picking Up Steam

            LHDR Cases

            A tipster (send in your tips here) sent me something about a Legal helpers Debt Resolution case I’ve already covered but it made me wonder if there were more cases that had been recently filed in U.S. district courts against Legal Helpers Debt Resolution. So I went and looked. Maybe I had not seen the timeline before or put together ... Read More »

              The Future of Lead Generation in Debt Relief

              Ready to Collapse

              The following guest post was contributed by Michael Bovee at Consumer Recovery Network, an expert in DIY debt settlement help and a member of the AACC. If you would like to contribute a guest post, click here. Advertising & lead costs are the largest expense for many companies in the debt relief space. The other day I was talking with ... Read More »

                Free Webinar – State Debt Adjustment Acts, The Ins and Outs of License, Insurance, Bonds and Fees

                Ready to Collapse

                Webinar: Thursday March 24th 3:30 pm Eastern Update Link for Call: Meeting Password: usdr Meeting ID: 425-750-374 “If you operate in the debt relief space, you need to be on this call.” – Steve State Debt Adjustment Acts The ins and outs License, Insurance, Bonds, and Fees 55 minute webinar State review The webinar is hosted by Scott Johnson, ... Read More »

                  Florida Continues Crackdown on Telemarketing Licenses. Sales Scripts Need to Be Submitted in Advance.

                  Ready to Collapse

                  Last year I wrote about the need for a Florida telemarketing license if you are calling out of or into Florida for clients. Information on how to get a license can be found here. Apparently telephone sales scripts need to be submitted to the department prior to use. At least that’s what some folks found out the hard way. This ... Read More »

                    Hey Credit Counseling It’s Coming. The No Fairshare Debt Management Plan.

                    Ready to Collapse

                    Over the past year there has been more talk from people about rolling out a 0% fairsahre debt management plan. Fairshare is the money creditors “contribute” to non-profit credit counseling groups. It’s a percentage of funds collected from consumers and returned to their creditors. In the mid-1990s the fairshare percentage was 15% of all funds returned to creditors. Today it’s ... Read More »

                      Second Attorney, Partner, Has Law License Suspended for 6 Months for Debt Settlement Activity

                      Ready to Collapse

                      Yesterday I published information about an attorney in Florida who had his law license suspended for debt settlement activity. What I missed was his partner had his law license suspended as well. Thanks to commenter Bulb it was pointed out to me. “Brett Feinstein, 407 Lincoln Road, Suite 2A, Miami Beach, suspended for six months, effective 40 days from a ... Read More »

                        What’s Your Opinion? Is Debt Settlement the Unauthorized Practice of Law?

                        I was just reading a recent case filed against Freedom Debt Relief, Freedom Financial Network, Global Client Solutions, and Brad Allen. The case alleges that the defendants violated the debt relief provisions of the bankruptcy code, violated California law, engaged in the unauthorized practice of law and violated the California consumer fraud act. You can read the full complaint here. ... Read More »

                          Florida Lawyer Suspended for Debt Negotiation Assistance and Fee-Sharing

                          Ready to Collapse

                          A tipster (send in your tips here) forwarded me a copy of the latest disciplinary actions out of Florida that show an interesting situation which may have a far reaching impact on attorney-back office relationships with debt settlement companies. Douglas David Stratton, Miami Beach, Suspended for 30 days, effective 15 days from a January 4 court order. Stratton’s practice expanded ... Read More »

                            So What’s Your Opinion? NoteWorld Sales Assistance Seminar.

                            NoteWorld Sales Seminar

                            A tipster (send in your tips here) sent me a recent email that was sent out by NoteWorld with the following comment, “Come on Noteworld, you can’t claim to be nothing more than a “payment processor”, yet hold webinars teaching DSCs how to market. Noteworld confuses me.” So What’s Your Opinion is a series that invites readers to post their ... Read More »

                              Mass Joinder Mortgage Litigation Suits Spreading to Florida

                              Ready to Collapse

                              The press release below caught my eye. It appears the wave of mass joinder mortgage litigation suits is now hitting Florida. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Mitchell Stein, Esq. Files Mass Joinder Lawsuit Against Bank of America in Florida Consumer Advocate Leading Landmark Cases against Banks in California Alleges Massive Fraud against Sunshine ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.