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Sued or Sanctioned

Freedom Debt Relief to Pay Big Settlement to Washington Residents

FDR Judgment Summary

The Attorney General in Washington announced today they had reached a settlement with Freedom Debt Relief to pay nearly $800,000 in restitution plus attorneys fees and costs. We’re paying special attention to operations that take advantage of people who, due to this tough economy, are already struggling to put food on the table and keep the lights on,” Attorney General ... Read More »

    State of Washington Files Amicus Brief in Support of Case Against Freedom Debt Relief and Freedom Financial Network

    Another brief forwarded to me recently by a regulator friend was that of the amicus brief filed by the State of Washington in a private case against Freedom Debt Relief, Freedom Financial Network, Andrew Houser, and Bradford Stroh. The issue appears to have been if Freedom was in fact a debt adjuster under the Washington Debt Adjusting Act. The claim ... Read More »

      Global Client Solutions and Rocky Mountain Bank & Trust Said to Have Aided and Abetted Debt Settlement Companies to Violate Statute

      A regulator friend of mine just forwarded me a copy of the State of Washington amicus brief filed in a class action case I reported about previously. The case is Carlsen v. Global Client Solutions and Rocky Mountain Bank & Trust. – Source The State of Washington weighed in on the matter and make some strong statements that do not ... Read More »

        Legal Helpers Debt Resolution Lawsuit May Just be the Primer to Kill Most Attorney Model Debt Settlement Groups

        Ready to Collapse

        For some it was only a matter of time before a regulator took a swipe at the attorney model debt settlement approach. Well today the mystery was solved of who it would be. Attorney General Lisa Madigan, a hero of many for standing up for consumers, answered the call and filed suit today against Legal Helpers Debt Resolution, headquartered out ... Read More »

          Details on Suit Filed Against Legal Helpers Debt Resolution by Illinois Attorney General Madigan

          U.S. National Debt Relief Plan

          For the sake of disclosure, everything below is what is alleged in the lawsuit against Legal Helpers Debt Resolution, also known as Macey, Aleman, Hyslip & Searns. The suit kicks attorney model debt settlement and says it is no better than service delivered by a non-law-firm debt settlement provider. LHDR rarely, if ever, negotiates settlements with all of consumer’s creditors. ... Read More »

            It Begins. Illinois AG Sues Legal Helpers Debt Resolution.

            Ready to Collapse

            Yesterday Lisa Madigan, the Illinois Attorney General filed suit against Legal Helpers Debt Resolution, PC. Legal Newsline is reporting that Legal Helpers Debt Resolution “allegedly charged upfront fees for its debt settlement services, but went back on its promises. Legal Helpers Debt Resolution LLC allegedly charged consumers with promises to make them debt free. The consumers’ debt was never relieved, ... Read More »

              FTC Moves Against Loan Modification Text Spammer

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              The Federal Trade Commission asked a federal judge to shut down an operation that allegedly blasted consumers with millions of illegal spam text messages, including many messages that deceptively advertised a mortgage modification website called “Loanmod-gov.net.” The FTC is asking the court to freeze the defendant’s assets. According to the FTC complaint, the defendant behind the operation, Phillip A. Flora, ... Read More »

                Debt Relief Scammer, Sovereign Citizen Unto Himself, Headed to Jail. TN Attorney Fell for His Debt Renegotiation Scheme.

                A Tennessee businessman, Charles McKuhn, Jr. was found guilty of scamming consumers and churches out of advanced fees for debt reduction, debt consolidation and foreclosure prevention services. McKuhn had claimed his company Taurian Worldwide, Inc. (TWI) has some arrangement to use government bailout dollars to assist people in financial trouble. He also continued his ruse through Interstate Capital Trust, Commercial ... Read More »

                  FTC Sues US Mortgage Funding, Debt Remedy Partners, LowerMyDebts.com, David Mahler, John Incandela, and Jamen Lachs

                  I had heard from multiple tipster (send in your tips here)s over the past ten days about an alleged raid on one or more office in Florida related to some action against U.S. Mortgage Funding. Here are the details of the FTC action against US Mortgage Funding, Debt Remedy Partners, LowerMyDebts.com, David Mahler, John Incandela, and Jamen Lachs that was ... Read More »

                    DebtOne Financial Solutions and EnDebt to Pay GA Nearly Half Million in Fines

                    Ready to Collapse

                    Hat tip to a wonderful tipster (send in your tips here) for a heads up on this one. EnDebt, LLC, doing business as DebtOne Financial Solutions, LLC, and EnDebt’s owner, Eric Delariva, were ordered by a Fulton County Superior Court Judge to pay fines and restitution for a series of violations of Georgia’s Fair Business Practices Act as well as ... Read More »

                      Florida Finally Opens Investigation Into Nonprofit Credit Counselor United Financial Systems

                      United Financial Systems

                      The State of Florida has finally opened an investigation to look into the massive number of consumer complaints about the Florida nonprofit credit counseling organization, United Financial Systems. As of today there are 650 BBB complaints and 45 Florida Attorney General complaints filed. For past stories on I have written about the growing mess at United Financial Systems, click here. ... Read More »

                        Legal Helpers Debt Resolution and a Whole Bunch of Others Just Served With a Class Action

                        A tipster (send in your tips here) directed my attention to a recent class action suit file in New Jersey against a whole host of Legal Helper Debt Resolution friends. In fact the suit names the salesperson involved in the sale of these debt relief services. That will be a cold splash of water for many debt relief salespeople. Here ... Read More »

                          Global Client Solutions, GHS Solutions, Rocky Mountain Bank & Trust Get Shutdown on Arbitration. Judge Says No.

                          Back in May of 2010, Brett and Linda Davis filed a class action suit against Global Client Solutions, GHS Solutions, and Rocky Mountain Bank & Trust. The suit said: “Defendants are engaged in a continuing class-wide predatory business scheme to financially enrich themselves and defraud Kentucky Class members by violating Kentucky’s Debt Adjusting statute, Chapter 380; by the commission of ... Read More »

                            Is HSBC Screwing Consumers in Debt Settlement?

                            According to some of my debt settlement friends with the AACC, this HSBC dirty trick is real and they’ve seen evidence of it. It is alleged that HSBC has been setting consumers up to fail on their debt settlement programs, including those put forward by lawyers. The complaint says HSBC agrees to a debt settlement in installments and then when ... Read More »

                              Legal Helpers Debt Resolution Hit With Class Action Lawsuit

                              Thanks to a tipster (send in your tips here) I got a heads up on a class action lawsuit just filed in Washington. The suit was filed against Legal Helpers Debt Resolution, LLC, JEM Group, Inc, and Marshall Banks, LLC. Marshall Banks is said to be a lead generator and marketer of debt relief programs. This is interesting in light ... Read More »

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