Persels and Associates Was Supposed to Take Care of My Debt

Question: Dear Steve, I engaged Care One to help me with debt consolidation and repayment. They told me to stop answering my phone and moved me to Persels and Associates. After more than five years of paying monthly, they told me that my debts were resolved. I found out this morning that I have a … Read more

Kick in the Nuts for Attorney Model Debt Settlement?

I was remiss in not covering this sooner but at the end of March there was what appears to be an important decision regarding attorney model debt settlement services where attorneys claim they are not regulated by the state and can charge advance fees. In a decision that the Maryland based debt settlement group, Persels … Read more

My Capital One Account is Higher Now Than When I Enrolled in the Debt Settlement Program. – Maureen

“Dear Steve, My question is this: I am enrolled in a debt consolidation program with care one. I have already settled 2 of the 3 accounts that are part of my plan. The last one to be settled is a capital one account. I talked to care one today regarding my account and they told … Read more

Persels & Associates and Care One Settle Nationwide Class Action. Lawyers Win.

A reader and tipster (send in your tips here) sent me in a copy of the class action settlement agreement that has been presented to the court in the Persels & Associates class action case that began in November of 2010. Actually this looks like it was a fairly speedy affair. The class action settlement … Read more

Neil Ruther and Persels & Associates, New Details in Suit for Millions

Recently I reported on a suit filed against Neil Ruther, Persels & Associates, Joann Ruther, Adam Ruther, WMS Partners, Silo Point Holding, Silo Point, Patrick Turner, Mark Sapperstein, Westport Property Holdings, and Ruther Inner Harbor. See Persels & Associaties Sued By My Professional Advice and Legal Advice Line for Diverting Money. Today I received additional … Read more

Mike Croxson from CareOne and I Talk About The New FTC Rules, Attorney Model Debt Settlement and the Lack of Clarity in Credit Counseling

Mike Croxson, the president of CareOne, a provider of debt settlement and debt management plans, and I chat about current events in the debt relief world. Some of the issues Mike and I talk about: Where are the loopholes from the Federal Trade Commission telemarketing sales rules. What is the endgame to chasing loopholes. The … Read more

CareOne / Care One – Scam, Complaint, Review, or Praise?

Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are … Read more

Should I Quit Paying Bank of America For My American Express? – Becky

“Dear Steve, I have a BOA American Express card that was originally about $500.00 – I’ve paid every month and for the past 4 years made no new purchases. Interest rate is 25.99% and with all the monthly late fees / interest rate my balance is almost $2k. I’m falling further into debt with this … Read more

I’ve Been on the Care One Debt Management Program For Two Years. I’m on Disability. – Laurel

Laurel “Dear Steve, I’ve been enrolled in Care One debt management program for over two years for 4 credit cards which all are over $1400.00 I am on Permanant disability and live in New York. I am getting to the point where I don’t know how long I can stick out this situation as its … Read more

I’m Worried About Going With ClearPoint Credit Counseling Solutions or Care One Credit Counseling. – Mike

“Dear Steve, Married 3 kids combined income of about $90,000 gross. Have a home with an interest only mortgage that’s has a year left before it converts. We owe about $25,000 in credit cards. We want to get the debt taken care so we will have enough to refinance to a fixed rate loan to … Read more

I Feel Mentally and Physically Sick About Our Debt. – TamaraJane

Tamara “Dear Steve, I feel sick about this debt and it’s taking it’s toll mentally and physically! My husband & I are in huge credit card debt ($83,000) due to some tax issues and his unemployment for more than a year. We currently rent a home, but just before my husband lost his job we … Read more