I’m Worried Able Debt Settlement is Going to Go Out of Business Before They Settle My Debts. – Cheryl

“Dear Steve, I listed 2 debts with Able Debt almost 5 years ago. One settled; the other Citibank has not yet settled. Able has gone into a Chapter 11 bankruptcy and when I called their office today found out that Tiffany was no longer there. They have one girl working in their office. Her name … Read more

Able Debt Settlement Files Bankruptcy in Texas

A tipster (send in your tips here) wrote in to let me know Able Debt Settlement in Texas has filed bankruptcy. On 2-1-2011 they filed a Chapter 11 reorganization plan and listed 1,000-5,000 creditors. This leads me to believe they are listing their clients as creditors. – Source The list of creditors holding the 20 … Read more

Tipster Says, “Look at American Debt Buster University”

I get a lot of tips sent to me that ask me to take a look at a number of issues in the debt relief world. Most come through the confidential tip form on the site. This tip asked me to take a look at something called the “American Debt Buster University.” The university is … Read more

The Elusive USOBA Membership List Made Public

Below you will find a document that was given to me by a USOBA member with a soul. They sent it to me at click here. I’ve actually had this for some time and I was giving the United States Organization of Bankruptcy Alternatives (USOBA) multiple chances to release to me a current membership list. … Read more

Able Debt Settlement Spanked by West Virginia Attorney General

Able Debt Settlement, Inc., of Irving, Texas, was stopped from doing any business in West Virginia by the Circuit Court of Kanawha County as of May 14, 2009. Attorney General Darrell McGraw sued Able Debt Settlement last month, seeking injunctive relief and restitution for consumers who paid for debt settlement services they never received. Able, … Read more