321 Loans and Jeremy Marcus 4th Receiver Update

The debt relief group 321 Loans that was shuttered by the court has generated a 4th interim report by the Receiver. The update is below: EXECUTIVE SUMMARY 1. The Court appointed Jonathan E. Perlman Temporary Receiver on May 9, 2017, and Permanent Receiver on May 17, 2017, over a nationwide enterprise that used 85 entities, … Read more

I Want My 321 Loans Money Back. Give It to Me Now.

One of the side effects of writing about debt relief industry is sometimes consumers get confused that I somehow have their money from a company I wrote about. It’s the formula of a bit of anger plus some inattention that results in me receiving messages like “had account with you for over 2 years, payments … Read more

Consumers Get Super Duper Screwed in Debt Relief Legal Settlements by This Company

The recent court action against Jeremy Marcus, Craig Smith, and Yisbet Segrea contains a doozie of a statement by the court appointed Receiver. While reviewing documentation discovered when the authorities took possession of the premises, the Receiver found evidence former clients were getting royally screwed in legal settlements won by this conglomeration of companies on … Read more

FTC and FL Announce Massive Debt Relief Scam by Jeremy Marcus, Craig Smith, and Yisbet Segrea

Defendants falsely claimed they would pay, settle, or obtain dismissals of consumers’ debts and improve their credit At the request of the Federal Trade Commission and the State of Florida, a federal court has temporarily halted a massive phony debt relief operation that bilked tens of millions of dollars from financially strapped consumers, including the … Read more

Jeremy Marcus and Debt Relief Players Meet Their Match With FTC and FL

Rumors have been circulating for the past couple of weeks of action against Jeremy Marcus and his debt relief empire. The documents have been unsealed and it looks as if the Federal Trade Commission and the State of Florida have spared no effort to shutdown the Marcus empire. To see the history of stories I’ve … Read more

DIY Debt Settlement – How to Handle Lawsuits

If you or someone you know is going through a difficult debt situation and want to do something about it there are many options available to consider but it’s no secret that debts can be settled directly with creditors and with the overwhelming amount of information online, consumers are educating themselves on how to negotiate … Read more

NCO Agrees to Settle Chase Bank Account. Chase Backs Out of Deal.

Angelo Anzalone, president of Active Debt Solutions, has asked me to bring to your attention an issue with Chase Bank and NCO that concerns him regarding the backing out of a settlement agreement with Chase Bank USA. Anzalone states, “We reached a settlement agreement with NCO on a Chase account. The terms were as followed: … Read more

Active Debt Solutions Offers Bargain Basement Rate on Debt Settlement Services

My friends over at Active Debt Solutions just sent in the following information on an approach they are taking to help people deal with getting out of a debt settlement program they may not be happy with. It’s a unique approach and one that can benefit the consumer since it can result in significantly lower … Read more