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Sued or Sanctioned

Johnson Law Group Nevada Forced Into Bankruptcy

The Johnson Law Group in Nevada previously was forced into an involuntary bankruptcy on June29, 2010. Just recently they have finally submitted financial statements and details which help to give us a clearer picture of what is going on. According to a document filed on July of 2010 the story of what happened to the Johnson Law Group is reveled. ... Read More »

    Debt Relief Attorney Settles With New Jersey. So Does Paramount Debt Settlement USA, New Day Financial Solutions, American Credit Repair and Settlement, and American Financial Advocacy Council.

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    Attorney General Paula T. Dow announced October 18, 2010 that the owner of several New Jersey loan modification companies has agreed to pay the state $805,000 and stay out of the foreclosure rescue business to resolve allegations he defrauded struggling homeowners who sought help in staving off foreclosure. Defendant Stephen Pasch of Greenbrook Township, Somerset County, agreed to a judgment ... Read More »

      Promoters of Debt Elimination and Tax Relief Scheme Get Hard Jail Time

      A federal court in Pensacola, Fla., has sentenced three of nine promoters of a fraudulent tax-and-debt-elimination scheme to prison terms for their roles in tax fraud, wire fraud and money laundering, the Justice Department and Internal Revenue Service (IRS) announced today. Four others were sentenced in July to prison terms ranging from 5 to 12 years. The remaining two will ... Read More »

        Florida Debt Relief Scammer Appears Pale in Jail Uniform

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          Is Tax Relief the Next Debt Relief Scam to Watch Out For? American Tax Relief Under Fire.

          In the news again is yet another tax relief company to find itself in hot water. American Tax Relief of Beverly Hills, California made claims that they could settle tax debt for pennies on the dollar. As big and scary as the Internal Revenue Service is, many jumped at the opportunity to make their debt somehow painlessly and magically disappear. ... Read More »

            Money Management International Settles Case for $6.5 Million to Avoid Allegations of Improper Credit Repair Services

            I just had a long conversation with an inside party that told me about a massive settlement by the credit counseling company Money Management International to avoid further involvement in a suit that alleged they engaged in improper credit repair services through their debt management plans. This case seems to clearly go hand-in-hand with a recent ruling that could expose ... Read More »

              Consumer Law Group Slammed By North Carolina. Fees, Not Help.

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              The Consumer Law Group should be barred from illegally collecting money to settle debts and made to pay refunds to more than 3,000 North Carolinians, according to a lawsuit filed by Attorney General Roy Cooper. “Taking advantage of consumers who are trying to pay off their bills is wrong, and it’s also against the law,” Cooper said. “Never agree to ... Read More »

                Victims of Bogus Debt Negotiation Scam to Receive $104 Refund Payments

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                A complaint issued by the FTC in 2004 has finally paid some limited fruit to consumer caught in the scheme. The original complaint can be found here. An administrator working for the Federal Trade Commission is mailing checks to 360 consumers who were victims of Innovative Systems Technology doing business as Briggs & Baker, an operation that claimed it could ... Read More »

                  Persels and Associates Gets Into It With Kansas. Kansas Says Not Loving Attorney Model Debt Settlement.

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                  The Topeka Capital-Journal is reporting an interesting development in Kansas regarding debt settlement. I’ve bolded the most interesting parts of the article below. But this case may be of significant interest for those staking a future under an attorney model to conduct debt settlement activities. A Maryland-based company conducting debt settlement activities in Kansas has challenged the authority of the ... Read More »

                    Ohio Not Happy With National Homeownership Assistance Foundation, Lifeline Financial Legal Home Solutions, and 1st American Law Center

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                    The press release from the Ohio Attorney General is below but the case that really caught my attention was the one against 1st American Law Center where a California attorney was charged as not being authorized to act as an attorney in Ohio and not registered to do business in the state. The attorney is charged with violating the Ohio ... Read More »

                      Should Ex-Cons Run Debt Relief or Debt Settlement Companies?

                      Devoto Prison

                      There are a number of people that I’ve been aware of that are heavily involved in the debt settlement world that have served prison time for fraud and other issues. Up till this point I don’t think I’ve ever specifically reported on anyone in that camp. But I’m interested in what people have to say on the subject if ex-cons ... Read More »

                        United Law Group Class Action Case Over Loan Modifications, Moving Ahead

                        Loan modification attorney Sean Rutledge and firm United Law Group lost a recent round in a class action case moving forward in California. The Fourth District Court of Appeal has ruled that a former client can proceed with a suit alleging that Irvine attorney Sean Rutledge, who resigned from the State Bar in November amid accusations of loan modification misconduct, ... Read More »

                          This is Why Debt Settlement Companies Need to Sit Up, Take Notice, and Fly Straight

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                          I’m posting this comment I received, not as a threat against debt settlement companies, but as an educational opportunity to show companies that want to play fast and loose with consumers that there are risks. No question: Just a note to tell you that I am a huge fan of your web site. I am a debtor’s attorney in [ ... Read More »

                            ABC Debt Relief, Kevin Devoto and Lloyd Regner Sued Again. This Time With X-Rated Allegations.

                            ABC Debt Relief had been sued previously by one of their senior debt consultants, G. Chris Onorato. For some reason Onorato sought new counsel and filed a new suit against ABC Debt Relief and this time names Kevin Devoto as an owner of ABC Debt Relief. Up until this point the fact Kevin Devoto was an owner of ABC Debt ... Read More »

                              Credit Solutions and Florida. Two Sides of The Same Story

                              Here is a great example of two sides of the same event. First from the Florida Attorney General, and then from Credit Solutions. Which side do you think was victorious? Florida Attorney General Press Release Attorney General Obtains Injunction Against Debt Settlement Company ~ Credit Solutions’ unfair fees prohibited by temporary injunction ~ TALLAHASSEE, FL – Attorney General Bill McCollum ... Read More »

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