Yesterday I published a story about The Scott Law Group in Washington that had just obtained a $1.5 million judgment personally against the owners of a now defunct debt settlement company, Debt Relief USA. Here is the current list of companies they are currently involved in debt settlement litigation against. Alliance8, Inc Amerix Corporation Ascend …
“Dear Steve, I just received a letter from CNI regarding increasing their monthly fees (see attached), is this even possible?. I have been with CNI for 4 yrs and they closed 2 of my smaller accounts. The big debt that I have is still hanging and CNI told me that I need to grow my …
Just in, an attendee at the TASC conference just held in Las Vegas has sent in their notes of what they felt was the highlights for readers. TASC – THURSDAY BOB LINDERMAN: GENERAL COUNSEL OF FREEDOM DEBT RELIEF GOALS AND OBJECTIVES: “THIS IS A CONSUMER CENTRIC, REGULATOR SENSITIVE, BUSINESS FRIENDLY ORG THATS GOING TO MAKE …
It seems the issues surrounding if payment processors in the debt settlement world is getting more complicated. This recent class action case is out of Georgia against NoteWorld and Noteworld Servicing Center; Hattie Burke v. NoteWorld. It appears that NoteWorld gets sucked in not because of their actions but because of the actions of who …
I just published a story about Legal Helpers Debt Resolution being hit with a class action suit in Washington. And then in my inbox lands an email with the Legal Helpers Debt Resolution marketing pitch. I’ve covered something like this before and I’d pass writing about it again but in light of the new class …
Thanks to all the great readers, I get the most amazing tip emails and items. Today I received one from a reader who raised some interesting questions. The folks at Legal Helpers Debt Resolution seem to be a very smart group of people but the tipster (send in your tips here) and others have concerns …
A flurry of letters have been flying into the FTC to attempt to influence them to allow debt settlement companies to collected fees before debts are settled. Here are two of the most interesting exchanges. The first comes from Century Negotiations, Inc. It happens to be the company of the TASC Executive Director Dave Leuthold …
“Dear Steve, 25 years at Boeing, owned house but sold it two years ago. Broke even but was left with 30, 000 in debts. Went on strike with Boeing that year and enrolled with Genisis Financial. The payments were more than we could handle and they recommended that we do debt settlement with CNI. Have …
“Dear Steve, I want to consolidate/settle 3 credit cards. All equal less than 10k. I have been recommended to go through debtmerica and contacted a representitive. I just gave him the information, and the next day, I got a quote. It seems too good to be true. I would be paying 200/month for approx 25 …
“Dear Steve, I am already undergoing debt settlement with CNI. CNI has paid off a couple of my credit card debts. I received a lawsuit from American Express 6/30/09, and sent that in to CNI . CNI told me I dont have to do anything. Do I have to put something in writing to the …