Freedom Debt Relief Sues Century Negotiations, Inc. My How Times Change.

For those that have been involved in the debt world for a number of years the names Freedom Debt Relief (FDR) and Century Negotiations, Inc. (CNI) were linked together through thick and thin under the trade group TASC, (The Association of Settlement Companies). In fact the honcho over at CNI, Dave Leuthold, was even the … Read more

CNI – Century Negotiations Wants to Raise My Fees. – Honeylou

“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 … Read more

Former TASC Executive Director Says Legal Helpers Debt Resolution is Awesome and Will Stay the Course

Despite the growing number of lawsuits against Legal Helpers Debt Resolution they stand by their services. In a press release sent out recently they appear to believe the wave of recent lawsuits naming then is an unfair witch hunt, is political and profit-driven and damn the suits, it’s business as usual. “We are a law … Read more

Century Mitigations Announces Debt Settlement Getting Into Credit Counseling

This is the second time today I’ve seen the message that debt settlement companies are embracing credit counseling and going to start offering that service. The first mention was about a presentation by The Association of Settlement Companies (TASC) regarding training that was going to be offered to its members. State and Federal Compliance: How … Read more

Why is TASC Saying Consumers Pay Really High Interest Rates in Credit Counseling?

A tipster (send in your tips here) just brought this video to my attention. It features Dave Leuthold the executive director of TASC, until recently. I’m not sure what happened over at TASC but it looks like they cleaned house. In fact as of today they are down to 58 members and I can’t find … Read more

Let’s See if We Can Figure Out the Players in This Legal Helpers Debt Resolution Marketing Pitch

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 … Read more

Tipster Wonders, How Does Legal Helpers Debt Resolution Avoid Legal Fee Splitting?

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 … Read more

Is TASC the New Sheriff in Debt Settlement?

Recently Dave Leuthold, the executive director of TASC, and I have been communicating about the news that TASC has come out, be it a bit begrudgingly, in support of the new Federal Trade Commission telemarketing sales rules (TSR) that regulate the debt relief and debt settlement industry and protect consumers. The full rules going into … Read more

TASC Does Not Seem to Get It. Quote Makes Me Question Their Version of Reality.

In an article on CreditCards.com, Dave Leuthold, the executive director of The Association of Settlement Companies (TASC) and the CEO of Century Negotiations, Inc. (CNI) is quoted as making the following statement. “We’re disappointed that the FTC came out with this ruling, especially with regards to the advance fee ban,” Leuthold said in a telephone … Read more

The Most Ridiculous Debt Settlement Quote of the Day.

Oh I tried so hard to let this quote just drift past me, but I confess, I just can’t. In a press release sent out by The Association of Settlement Companies (TASC) today, (source) the executive director of TASC, Dave Leuthold, is quoted as saying: “Consumers wrestling with their ability to pay their credit card … Read more