The attorney who drifted in and out behind the debt settlement efforts of the company World Law, appears to have not turned up to defend himself in an action filed by the Consumer Financial Protection Bureau (CFPB). It has always been nebulus where Haskins is actually located. In this article from 2012 I had tracked … Read more
Well I would be surpprised if this latest court filing by the Consumer Financial Protection Bureau (CFPB) didn’t put the final nail in the World Law advance fee attorney model debt settlement mess. The CFPB asked the court for a judgment of nearly $150 million. Out of that $106,813,049 is for the purpose of refunding … Read more
Last week the CFPB raided Orion Processing’s headquarters after obtaining a search warrant. The CFPB filed a complaint last Monday, and obtained a Temporary Restraining Order (TRO) last Tuesday, which was under seal until late yesterday. With the TRO, the CFPB also obtained an asset freeze on all of the defendants’ assets. The defendants include … Read more
A tipster (send in your tips here) told me that things turned dire at World Law Debt last week. Apparently their Chapter 11 bankruptcy reorganization was forced into a Chapter 7 liquidation after an application to the court by the Oregon Department of Justice because a number of problems the debt settlement company faced. For … Read more
“Dear Steve, I keep receiving emails and phone calls from world law direct. This Sr Financial Consultant, Louis Comolli, tells me he can negotiate with my creditors and lower my payments so that I am no longer paying interest on my credit cards. He would take a payment from me each month and put the … Read more
A reader received the following mailer and was concerned about the promises made. You know, at some point, after years of covering these things it feels like it will never end. It’s just one deceptive and misleading mailer sent after another. I begrudgingly picked up the phone and called the number on the “Resolution Pending” … Read more