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Freedom Financial Network & Freedom Debt Relief to Refund Almost All Clients Under Settlement

Thanks to a reader who alerted me, I discovered Freedom Financial Network, Freedom Debt Relief, Global Client Solutions, Rocky Mountain Bank and Trust, Andrew Houser and Bradford Stroh have agreed to settle a lawsuit filed against them and refund millions in consumer fees. According to the agreement, people eligible for refunds of fees paid include … Read more

Lloyd Ward & Associates and Meracord Hit With RICO Class Action Suit Apparently Open to All Clients

Yesterday the law firm of Hagens Berman filed a class action suit (3:12-cv-05657) in the State of Washington against Meracord (Formerly NoteWorld), Linda Remsberg personally, Lloyd E. Ward, Lloyd Ward PC, Lloyd Ward & Associates, The Lloyd Ward Group, Lloyd Ward Group II, Ward Holdings Inc, and Settlement Compliance Commission. This marks the second active … Read more

Illinois Class Action Filed Against Freedom Debt Relief, Freedom Financial Network, Debtmerica, Global Client Solutions and Others

A May, 2012 class action lawsuit filed by Theresa Driscoll and others has just been moved to Federal court. The case was filed against Freedom Debt Relief, Freedom Financial Network, Debtmerica, Global Client Solutions, Andrew Houser, and Bradford Stroh. The case claims the Defendants violated the Illinois Debt Settlement Consumer Protection Act {“IDSCPA”) and Illinois … Read more

Freedom Debt Relief Secures Funding to Advance Sales Reps

The following guest post is by Andrew Houser from Freedom Debt Relief. I asked him to provide us all with more information about his new approach at fronting sales representatives commissions while Freedom waits to collect the fees earned from consumers. Upfront Affiliate Payments on No Advance Fee Programs: Giving Affiliates the Opportunity to Move … Read more

The Wild Ride in Debt Relief – Andrew Housser

The following guest post was contributed by Andrew Houser. Andrew Housser is co-founder and co-CEO of Freedom Financial Network, LLC, the parent of Freedom Debt Relief, which has settled over $1 billion in debt for its customers in the past 8 years. He sits on the executive board of the American Fair Credit Council (formerly … Read more

State of Washington Files Amicus Brief in Support of Case Against Freedom Debt Relief and Freedom Financial Network

Another brief forwarded to me recently by a regulator friend was that of the amicus brief filed by the State of Washington in a private case against Freedom Debt Relief, Freedom Financial Network, Andrew Houser, and Bradford Stroh. The issue appears to have been if Freedom was in fact a debt adjuster under the Washington … Read more

Does the New Debt Settlement Industry Get It?

A tipster (send in your tips here) sent in a link to a recent article from CreditCards.com that was published on Fox Business, “Debt settlement industry in flux as new rules start.” In the article is a section attributed to Andrew Houser from Freedom Debt Relief. Cherry picking the good cases Housser from the settlement … Read more

Freedom Debt Relief to Layoff 120 and Close Office

Mark Anderson of the Sacramento Business Journal is reporting that Andrew Houser and his Freedom Financial Network will close their office in Sacramento, California and begin “curbing its local operation Nov. 15, with employees winding down over about a six-month period.” The change is blamed on recent FTC telemarketing rules changes and the need to … Read more

Sorting Out Debt-Relief Promises

The Wall Street Journal just published a new article that talks about the debt relief world. Here is an excerpt and a link to the full article. The regulations, which extend the TSR rules to cover calls consumers make to firms in response to debt-relief ads, also will ban companies from misrepresenting what they can … Read more

Andrew Houser from TASC Pleads With FTC, “Please Don’t Ban Upfront Advance Debt Settlement Fees.”

Andrew Houser from Freedom Debt Relief and board member of The Association of Settlement Companies (TASC) recently sent a letter to the FTC pleading that banning advance fees would hurt consumers. I know, how funny and unbelievable is that? Apparently what TASC can’t get through their head is that there is no good reason why … Read more