Below you will find a video from our Rally in Raleigh meeting in North Carolina on November 13, 2010. Lynne Weaver from the North Carolina Attorney General office joined us to discuss why debt relief companies appear on the radar of regulators, how to best deal with regulators, how to work with regulators, what companies …
“Dear Steve, Ups and downs of commission-based salary coupled with tendency to put off tax debt to year end has resulted in 15 yr. accumulation of over 150K unsecured debt, most 3-9 months past due. Total equity less than 100K. Reduced income is allowing payment of mortgages and basic expenses, but little else. Have no …
After the press conference at the White House with Vice President Biden and FTC Chairman Jon Leibowitz I had a moment to catch up with Allison Brown of the FTC to talk for a minute about the impact of the new telemarketing sales rules and how it would impact companies. Allison told me also that …
Keith “Andy” Nelms was a lawyer, before he was disbarred, that ran a debt settlement company that outsourced much of it’s debt settlement back office work to a non-attorney company, Americorp, which I’ve written about before. I’ll paste the entire court memorandum here and put my comments in [ ]. MEMORANDUM DECISION WILLIAM R. SAWYER, …
This week the podcast with Damon Day focused primarily on the attorney model in debt settlement and the problems associated with that. Here are some of the articles that relate to issues we talked about in the podcast. The Critical Flaw in The Attorney Model for Debt Settlement Mosler Law Firm and SFC State Capital …
It seems in the face of proposed regulation over the debt settlement industry many debt settlement companies are running for the hills and trying to convert their business into one of the many attorney models out there in order to continue their advance fee approach. The companies who are running for the attorney model cover …
I had a refreshing and frank conversation with U.S. Debt Resolve President Scott Johnson the other day. We talked about pending regulation of debt settlement companies, deceptive marketing, debt settlement companies which are not consumer focused and what the future looks like for the debt settlement industry. Scott talks openly about how regulation of the …
“Dear Steve, I am currently in a debt settlement program with 30,000 in debt, I’ve been in it for a year and a half. One of my friends was looking into debt settlement and came across this new law. I started researching it and am now scared. My friend is looking at doing debt settlement …