Consumer Debt Articles

The Curse of the Hess Kennedy Debt Settlement Firm Lives On

Steve RhodeOct 17, 20092 min read
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In a twisted matter of irony the law firm that was acting as a receiver for the Hess Kennedy debt settlement company that was closed…

New Law Prevents Foreclosure Relief and Mortgage Modification Services From Charging an Up-Front Fee

Steve RhodeOct 15, 20094 min read
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California Attorney General Edmund G. Brown Jr. today issued a consumer alert warning California homeowners to avoid individuals and businesses that charge up up-front fees…

New York Attorney General Wins $200,000 Penalty Against Debt Settlement Company

Steve RhodeOct 15, 20094 min read
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Attorney General Andrew M. Cuomo today announced that his office has won a lawsuit against a national debt settlement company, barring the company from doing…

Fewer Than Ten Percent Get Out of Debt With Credit Counseling or Debt Settlement Companies

Steve RhodeOct 15, 20095 min read
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I previously wrote an article The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. Some people scoffed at…

Global Client Solutions & Rocky Mountain Bank & Trust, Good People Tangled in Some Bad Debt Settlement Business

Steve RhodeOct 15, 20093 min read
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First, let me say that in my life in the credit counseling and debt management world I have had an opportunity to interact with the…

Attorney General Nails Debt Settlement Companies CreditAnswers and Liberty Settlement Group.

Steve RhodeOct 14, 20093 min read
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The Vermont Attorney General announced that CreditAnswers, LLC, and Liberty Banc Mortgage Group, Inc. (doing business as Liberty Settlement Group), two companies that offer to…