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Sued or Sanctioned

Lloyd Ward, Amanda Ward, and More Named in Washington Class Action Suit

Dallas attorney Lloyd Ward who was very involved in the debt settlement business was recently hit with a class action suit in the State of Washington. The suit was filed by The Scott Law Group against Lloyd Ward & Associates, Lloyd Ward PC, The Lloyd Ward Group, Lloyd Ward, Amanda Ward (his wife), Silverleaf Debt Solutions, and Michael Miles. The ... Read More »

    CC Brown Law, Fidelity Debt Solutions and Others Hit by Connecticut Department of Banking

    The Connecticut Department of Banking is one busy department. A new wave of administrative orders and settlements is out again with some new debt industry participants named. Some readers may recognize some of the names instantly. One that caught my eye was CC Brown Law, that came up in a comment and was alleged to be indirectly related to a ... Read More »

      Lloyd Ward Sued by State Bar of Texas – Commission for Lawyer Discipline

      Texas attorney Lloyd Ward, as part of Lloyd Ward & Associates, has beed sued by the State Bar of Texas, Commission for Lawyer Discipline over his alleged actions concerning debt settlement activities related to Debt RX USA and Silverleaf Debt Solutions. The complaint, filed on May 23, 2012, alleges that in “June 2008, Michael Miles created Debt RX USA, LLC ... Read More »

        Connecticut Goes After More Debt Relief Companies

        New administrative actions have just been made public against more debt relief companies. Connecticut does not mess around. The new entires made public include: Alliance Mitigation Group The company did not respond to administrative notices sent by the Consumer Credit Division of the Department of Banking. The company was hit with $11,795 in fines and is barred from Connecticut. – ... Read More »

          Freedom Debt Relief Sues Century Negotiations, Inc. My How Times Change.

          For those that have been involved in the debt world for a number of years the names Freedom Debt Relief (FDR) and Century Negotiations, Inc. (CNI) were linked together through thick and thin under the trade group TASC, (The Association of Settlement Companies). In fact the honcho over at CNI, Dave Leuthold, was even the Executive Director of TASC, under ... Read More »

            Mortgage Modification Company Former Owner Facing 80 years in Jail

            Ready to Collapse

            Isaak Khafizov, a former owner of American Home Recovery (AHR), a mortgage loan modification business, was found guilty yesterday in Manhattan federal court of conspiracy, mail fraud, and wire fraud in connection with a scheme to defraud distressed homeowners and lenders. Khafizov was convicted after a ten-day jury trial presided over by U.S. District Judge George B. Daniels. He was ... Read More »

              Texas Man Sentenced to Jail for Foreclosure Rescue Scam

              An Austin, Texas, man was sentenced yesterday in the Western District of Texas to 61 months in prison and was ordered to forfeit $84,010 for his role in operating a foreclosure-rescue scam in Southern California and elsewhere that charged distressed homeowners fees in exchange for fraudulently delaying foreclosure sales. Frederic Alan Gladle, 53, was sentenced by U.S. District Judge Lee ... Read More »

                Bear Hunt Excuse Used in Update to Most Bizarre Debt Industry Lawsuit

                In March I wrote about the most bizarre debt industry lawsuit of the year. It involved Lloyd Regner and Kevin Devoto, guys that had a relationship with Lloyd Ward. In the last article on this matter, which is a must read, the case against Devoto and others by Regner was laid out. The case involved characters identified as “Convict”, “Charlatan”, ... Read More »

                  Settlement Reached in The Mortgage Law Group and Underwater Property Solutions Suit by Arizona AG

                  Arizona Attorney General Tom Horne has reached a settlement with Underwater Property Solutions, LLC (“UPS”), a Scottsdale, Arizona based mortgage loan modification service company that the State accused, in a consumer fraud lawsuit, of participating in a deceptive scheme designed to collect advance fees from consumers looking for assistance in obtaining mortgage loan modifications. In nearly all cases, it is ... Read More »

                    Legal Helpers Debt Resolution Sues Global Client Solutions. Bloom Off That Rose.

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                    On April 23, 2012 Legal Helpers Debt Resolution filed suit against Global Client Solutions and CDS Client Services. in Illinois. It’s just so amazing how far the once loving relationship between Legal Helpers and Global Client Solutions has changed. At one point people were concerned Global Client Solutions may have been bending over backwards to assist Legal Helpers Debt Resolution ... Read More »

                      FTC Goes After Another Alleged Collection Enterprise That Threatened Consumers and Offered Debt Reduction Services

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                      The Federal Trade Commission recently filed suit against Pro Credit Group, Brett Fisher, Sanders Legal Group, Sanders Law, Andre Sanders, My Success Track, Consumer Credit Group, Dale Robinson, William Balsamo and First Financial Asset Services. According to the FTC court documents, the defendants operated a common enterprise while engaging in deceptive acts and practices. They used an interrelated network of ... Read More »

                        Scott Law Group Debt Settlement Litigation List Contains Some New Companies

                        The Scott Law Group in Washington State has been VERY active in going after debt settlement companies that allegedly injure consumers. It appears some new companies have been added to their list of current litigation, The new companies include FBL Associates, Lifeguard Financial, Please Reduce My Debt, and Think Outside the Box Solutions. – Source Here is the current list ... Read More »

                          Connecticut Forces Global Client Solutions to Make Sure Debt Settlement Companies Are Really Licensed

                          Global Client Solutions, one of the major escrow companies that handles funds for debt settlement clients, was charged with being an unlicensed money transmitter by the state of Connecticut and then entered into a consent order to resolve the issue. According to the records, on November 30, 2011 Global Client Solutions received a cease and desist letter from the state ... Read More »

                            The Resolution Law Group Sued Over Claims in Mailer by First Mariner Bank

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                            It looks like another company marketing services against lenders has run into trouble as a result of their mailers. It’s somewhat similar to the claims made against another company, NHT Law Group. You can read that story here. It looks like mortgage lenders are going after these mass joinder like mailers more often. In the complaint filed against The Resolution ... Read More »

                              Debt Settlement Scammers Headed to Jail

                              Ready to Collapse

                              A couple claiming to settle debts and soliciting funds to do so was sentenced to jail last week. Monica Clune, along with her husband John, solicited the victims for debt settlement services. After receiving initial fees, the Clunes proceeded to collect money from the victims claiming they were obtaining settlements from creditors on behalf of the victims. After forwarding about ... Read More »

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