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Sued or Sanctioned

FTC Goes After Debt Relief Companies Who Deal With Payday Loans


On February 18, 2015 the Federal Trade Commission filed suit against PSC Administrative, Coastal Acquisitions, Infinity Client Solutions, Infinity Collect, Jared Irby, and Richard Hughes for violations of the Telemarketing Sales Rule. The FTC alleges the Defendants solicited consumers with debt relief services, who owed payday loans. “Defendants have induced consumers to enroll in their program by claiming that they ... Read More »

    CFPB Raging Pissed Off at Morgan Drexen

    tug of war

    A reader send in some documents they said I would be interested in seeing. It relates to the 2013 Consumer Financial Protection Bureau (CFPB) lawsuit against Morgan Drexen that is still ongoing. My first thought was a disbelief this case was not further ahead. Then I read the document publicly filed in the case by the former Morgan Drexen co-founder, ... Read More »

      Debt Settlement Executives / Sales Reps Face Up to 20 Years in Jail

      The pain generated by the injury to your finances leaves you feeling lost, afraid, and confused.

      A friend sent in this announcement from the Department of Justice. Wow! A grand jury in Santa Ana, California, indicted three individuals for allegedly operating fraudulent debt relief services companies that offered to settle credit card debts but instead took victims’ payments as undisclosed up-front fees, the Justice Department and U.S. Postal Inspection Service announced. Jeremy Nelson, 29, Elias Ponce, ... Read More »

        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 »

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


          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 »

            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 »

              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 »

                Money Management International Accused in Kick-Backs in Class Action Settlement

                Young man looking shocked in tablet pc

                Now here is something you don’t get to witness often, if at all. Apparently there is a bit of disturbed blood milling about in the credit counseling world right now. In just doing some routine checking on activity I came across a very, very odd letter from the Association of Independent Consumer Credit Counseling Agencies (AICCCA) to the U.S. District ... Read More »

                  CCR Article Brings New Life Financial Services Back to Life

                  money down the drain

                  I just love the Collections & Credit Risk magazine and website. Those folks over there hold no punches when it comes to the collections and debt relief industry problems. A recent article by Darren Waggoner reminded me of a string of past events surrounding a debt relief company New Life Financial that had been operating someplace out of the U.S. ... Read More »

                    Illinois Finds Fault with Mortgage Assistance Attorneys Aleman and Macey

                    Screen Shot 2014-09-22 at 3.34.45 PM

                    A tipster (send in your tips here) just sent in a document which was filed on August 28, 2014 regarding the activities of Jeffrey Aleman and Thomas Macey or Legal Helpers fame. The Illinois Attorney Registration and Disciplinary Commission came to the opinion that Macey and Aleman had violated a number of Illinois attorney rules. However it does not appear ... Read More »

                      Debt Relief Soap Opera – Michael Harper, Hoffman Law Group, Greenspoon Marder

                      Mark Bernet Receiver

                      Up till now the most bizarre debt relief related lawsuit I had seen was this one which included the “Charlatan,” “Felon,” and “Architect.” But this court document sent to me has to either being the most bizarre of 2014 or be in top contention for debt relief lawsuit honors. It seems to be a soap opera of a bunch of ... Read More »

                        More Debt Relief Providers Running Up Against CT


                        For years I’ve said that if you are offering debt relief services in Connecticut, you should get licensed. The State has just announced the latest crop of companies that caught their attention. While I’ve always hoped these public disclosures would encourage debt relief companies to register, not all pay attention. It appears these folks didn’t get the message. On August ... Read More »

                          FTC Goes After DebtPro123 for General Debt Relief Bullshit


                          Over the years DebtPro123 has come up from time-to-time, but not like this. Yesterday the Federal Trade Commission made a bold move in the debt relief space. It surprised me because I thought they’d moved on to other things. Just feels like since the TSR the debt space has been cooling off. But it probably doesn’t feel like that over ... Read More »

                            Perplexing Suit Filed Against Consumer Protection Counsel and Others


                            A reader brought a recent lawsuit filed by Betty Bennett against Otto Berges, Berges Law Group, Consumer Protection Counsel, Debt Be Gone, Paralegal Staff Support, and United Legal Group. What had me scratching my head was the complaint says, “In or around September 2013, a person alleging to work for Defendant Consumer Protection Counsel contacted Ms. Bennett, offering to help ... Read More »

                              The Scott Law Group Adds Lexxiom and The Iniguez Law Firm to List

                              law books narrow

                              The Scott Law Group out of Washington State has added two new companies to their list of companies they are pursuing. According to tracking, the firm added Lexxiom, Inc. and The Iniguez Law Firm, PC to their list here on April 17. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? I can always use your help. ... Read More »

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