Sometimes people are critical of me and claim I have some witch hunt against the debt relief industry. Those that know me, know better than that. And sure, I’ve written my share of articles about bad things that have happened but unless we clean them up, what is going to be left of the debt … Read more
While the flood of lawsuits against debt settlement companies has slowed considerably yet one more class action has been added against Meracord, Noteworld, and Fidelity and Deposit Company of Maryland. This time in Arizona. The complaint provides a very long description of the alleged actions and conspiracy between the debt settlement escrow company and the … Read more
The defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages. The FTC’s settlement order against the Los Angeles, California-based Consumer Advocates … Read more