fbpx

American Debt Settlement Solutions

Meracord / NoteWorld Falls to CFPB. Global Client Solutions to Follow?

by

Yesterday the Consumer Financial Protection Bureau announced an action and settlement against Meracord, previously known as NoteWorld. Meracord was one of the two primary players assisting debt relief companies to collect money from consumers and then pass it on to debt relief companies. Global Client Solutions is the second. What makes this current episode all …

Read more

CFPB Suit Against Debt Relief Company Should Make Industry Very Afraid

by

Yesterday the Consumer Financial Protection Bureau filed suit against American Debt Settlement Solutions, Inc. and Michael DiPanni. If you are in the debt relief industry you need to become painfully familiar with this suit because it will make you soil your pants. For the first time the CFPB has laid out its hand on what …

Read more