Debt Restructuring Hitting the Skids and Headed Towards Dumpster of Failure

A recent email forwarded to me from a reader reminded me about the debt restructuring approach I wrote about a while back. Apparently it was going to be the saving program for all the old mortgage selling, loan mod pushing marketers to sell after advanced fee debt settlement hit the TSR wall. Feel free to … Read more

Consumer Debt Restructuring 101: What It is and Why You Should Avoid It

In my previous article on Debt Restructuring I mentioned it was not a magic solution. So let’s look deeper into what all of this is about. Diving Deeper into Debt Restructuring The minute a debt relief product can’t be easily explained in 30 seconds, the more my radar goes off. That’s exactly what happened when … Read more

Consumer Debt Restructuring is Not a Magic Solution. Still a Target of Regulators.

Just a quick word of advice. Seems like chatter is heating up about something called Debt Restructuring and is being pitched as some cutting edge tool to help people out of debt. Debt Restructuring This press release sent in by a reader caught my eye. Las Vegas (OPENPRESS) July 26, 2011 – The debt settlement … Read more

American Debt Enders Says They Will Buy Our Debt From Us. – Mike

“Dear Steve, My wife signed up for a debt buyers program where the debt buyer is suppose to buy my wife’s debt and she pays back the amount owed at reduced amount over time payments. A guy named Steven Ciantro of American Debt Enders offered this program and I found out he is affiliated with … Read more

Cyrus Global Says Debt Restructuring is Better Than Anything Else

A tipster (send in your tips here) sent in a pitch Cyrus Global is sending out information to prospective affiliates/partners promoting that debt restructuring is superior to debt litigation lawyers, debt settlement companies and debt management companies. Has anyone talked to an actual consumer that had a debt buyer that purchased their debt and restructured … Read more

SEO Campaign Goes Bad For Cyrus Global. Or Are They Just That Illiterate?

A tipster (send in your tips here) sent me an email and asked me to read the latest press release put out by Cyrus Global, a company I’ve written about before. The release linked to the company on the term Debt Settlement and looked like it should have also linked on Credit Card Debt at … Read more

Cyrus Global Proclaims “Debt Settlement/Management IS OBSOLETE!”

Cyrus Global is back again with a new sales message for selling debt related services. Last year I wrote about Cyrus Global and promptly got attacked by them in the comments. Take the time and read through the comments on that article to see their responses. Not seven months ago Cyrus Global was selling that … Read more

Cyrus Global and American Star Debt Settlement – Watch Out

I received an inquiry from a tipster (send in your tips here) about an email that was being sent out from Cyrus Global that guaranteed debt settlement rates, hedge fund buys the debt immediately from the consumer and includes attorney representation. So I took a quick look into this. The email also had a link … Read more