It appears that a company named Revitafi was temporarily in the running to purchase the settlement clients from Arete Financial Freedom. See the full Arete story here. The Receiver in the case disclosed “Based on Ariana’s information and Revitafi’s lack of candor, we have informed Revitafi we will not be moving forward on their offer.” …
Question: Dear Steve, I was enrolled in the Arete Financial program. I’m getting emails from you saying I haven’t paid my November payment. I’m so confused. I’m still making payments to the company. Please inform me as to what is going on. I’m not sure what to do. Thanks, Tamie Answer: Dear Tamie, Arete Financial …
Some may feel I’m just some hack with a laptop but I actually make a concerted effort to report on the debt relief industry factually and accurately. Additionally, I enjoy answering reader questions and share my experience in the debt relief world since 1990. Update 12-23-2019 I received permission from Branden Millstone to add this …
The Receiver in the case involving Arete Financial Freedom and others has posted an FAQ that provides specific information on what consumers should do. But first, in more evidence the Arete settlement clients will remain in limbo, former employees are being escorted to clean out their desks. The Receiver says “Notice to Employees – December …
I received the following comment from a consumer regarding her services with Arete Financial Freedom settlement services. These sorts of issues the consumer states are sometimes difficult to evaluate. It is sometimes hard to distinguish between an unhappy consumer who is stuck in a program being investigated by a regulator and valid complaints. Arete Financial …
The case filed by the Federal Trade Commission (FTC) against American Financial Support Services over alleged illegal student loan assistance program issues looks like it has snagged the debt settlement program of Arete Financial Freedom leaving consumers in a very problematic limbo. How This Happened The FTC filed suit against the following: “Defendants American Financial …
I received the following statement from a tipster regarding Arete Financial Group that was recently taken over by the court. Send in your tips here. “I used to be an employee at Arete Financial. I worked for the debt settlement team… Initially they had the team at their Huntington Beach office then moved all of …
While some people can find the biggest conspiracy in the smallest discrepancy, I don’t embrace that approach. Instead, I try to look for verifiable facts that can be supported with outside documents. The recent case against American Financial Support Services, Arete Financial Group, Arete Financial Freedom, CBC Conglomerate, 1file.org, Diamond Choice, Interest Rate Solutions, J&L …
The preliminary report of the court-appointed receiver was made public in the case involving a number of student loan assistance companies including American Financial Support Services. To refresh your memory on the case, read this. In recent days, people named in the case have filed documents saying they should not have been included or had …
Recently I had received a tip that at least one of the companies named in a recent Federal Trade Commission (FTC) sealed lawsuit had been raided. Subsequently, the case below was unsealed. It appears the FTC filed suit, under seal on November 4, 2019, against American Financial Support Services, Arete Financial Group, Arete Financial Freedom, …
