Forensic Audits = Scam. FTC Goes After Law Firms and Others.

The Federal Trade Commission has named several new defendants and added new charges concerning so-called “forensic audits” to its lawsuit against an operation that allegedly bilked homeowners who were trying to lower their mortgage payments. The action is part of an ongoing crackdown on scams that target consumers who are behind in their mortgage payments …

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Overextended Borrowers Stop Paying Mortgages and Capitalize on Time to Eviction

In this day and age the amount of people unable to pay their mortgages is on the rise. Be it medical bills, loss of income or a change in circumstances, many people are running into shortages in their lives leaving them coming up short for that monthly mortgage payment. While these times in life are …

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Debt Collection Harassment Victim Awarded $1.5m in Punitive Damages

Allen Jones, a Lewisville Texas resident, owed just under $200 in debt. His debt was passed on to the collection agency Advanced Call Center Technologies, LLC. While trying to collect a payment towards his debt several employees called his phone and left multiple vulgar and offensive messages threatening him to make payments. Most of the …

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Freedom Debt Relief Makes Pitch in LA Times, We Are Not Scammers

Freedom Debt Relief, a member of The Association of Debt Settlement Companies (TASC) contacted David Lazarus of the Los Angeles Times and tried to make the pitch they are whiter than white. Robert Linderman wants you to know he isn’t a scammer. Oh sure, he may be general counsel for Freedom Debt Relief, California’s largest …

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The Internets Celebrities Tour and Explain Check Cashing Stores

Probably better than anyone could write about check cashing stores, here is a tour of some check cashing operations in New York. These guys did a great job it showing you the reality of what check cashing stores are all about and why you often find them in disadvantaged neighborhoods. These guys make some really …

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How the Soldiers’ and Sailors’ Civil Relief Act Can Help You

Service personnel experience financial difficulties that are unique and need special attention. Fortunately, there are special laws to help them cope and this article discusses their rights and protections under the Soldiers’ and Sailors’ Civil Relief Act, 50 U.S.C. §§ 501 et seq. What is the Soldiers’ and Sailors’ Civil Relief Act? The Soldiers’ and …

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Just In, Dave Burke and Real Talk Network Not Authorized to do Business in Colorado

I just received an email from the State of Colorado which pointed out to me that as of June 1, 2010 the corporate status of Dave Burke’s Real Talk Network has just been changed to noncompliant for failure to file an annual report. See below. Click image for larger view. Click image for larger view. …

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Breaking Down the Misleading and Deceptive Financial Sales Pitch From the Get Real With Dave Burke Radio Show

I admit, using the words misleading and deceptive is pretty strong language to use to describe a radio show. In this case it is the “Get Real With Dave” Dave Burke radio show. Burke has been on the air buying time for at least a couple of years. Until May, 2010 he was pitching his …

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