Century Negotiations, David Leuthold, Freedom Debt Relief, Fast Track Debt Relief and Debt Shield all Named in Class Action

On May 24, 2011 a State of Washington class action case was moved to federal court by Fast Track Debt Relief. The case, Rule v. Century Negotiations, David Leuthold, Freedom Debt Relief, Fast Track Debt Relief and Debt Shield was filed by Paul Lawrence of Pacifica Law Group in Seattle, Washington and Richard Epstein, Esq. … Read more

Maryland Tries for a Fourth Time to Pass Debt Settlement Regulation

Maryland legislators for the fourth year in a row will consider regulating debt settlements, and new recommendations in a report out this month may be the charm. In Maryland, legislators have tried three times to regulate the industry. Sen. Thomas “Mac” Middleton, chairman of the Finance Committee, says his committee requested a study before the … Read more

Why Do TASC Member Debt Settlement Companies Appear to Fail Their Own TASC Audit?

I don’t know how in the world I landed on this press release from The Association of Settlement Companies (TASC, but I did and I wasn’t looking for it. The press release contained a very interesting statement. – Source The audit process is investigating and confirming member compliance with organization bylaws which dictate business practices … Read more

Beware of Offers to Help Settle Debt Says Wisconsin State Journal

An excellent article by Chris Rickert out of Wisconsin exposed a very interesting bit of news from The Association of Settlement Companies (TASC) reveling how ineffective debt settlement is for most people. When I first wrote my article “The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy“, TASC … Read more

TASC, The Association of Settlement Companies, Say What?

In a press release sent out today the Executive Director of TASC, The Association of Settlement Companies, is quoted as saying the following about attending an upcoming debt collections conference. “I’m looking forward to talking about how debt settlement continues to be a reliable option for consumers in debt as well as for creditors,” Leuthold … Read more

Johnson Law Group and Elimadebt Not Playing Nice With Each Other

The Johnson Law Group of Nevada, not to be confused with the Johnson Law Group of Florida, are apparently having a bit of a tiff with their debt settlement marketing agent, Elimadebt of Florida and New York. Actually that would be Elimadebt USA, LLC from Florida and Elimadebt, LLC from New York. From this point … Read more