Morgan Drexen Bankruptcy Update for August 25, 2015

As part of the public record, the bankruptcy trustee in the Morgan Drexen bankruptcy has just posted a very interesting update. The document was filed on August 24, 2015 and here is what it says. The Trustee states the Morgan Drexen business has been wound up and 15,000 letters were sent to “Affected Customers” notifying … Read more

Morgan Drexen Bankruptcy Surprise Deposition

It’s not often that a deposition is made available regarding Morgan Drexen, the now defunct debt settlement company. Since I’m sitting down to read the entire 121 page document I thought if I came across anything I found interesting for no particular reason, I’d just share it with you. All the material below comes from … Read more

Kesher Law Group is Offered Up by Reader

In response to a previous article about the demise of Morgan Drexen a reader said I should take a look at Kesher Law Group. Kesher Law Group According to the State of California, Kesher Law Group, P.C. was formed on April 3, 2015 and is located at 675 Anton Boulevard, 2nd Floor, Costa Mesa, CA … Read more

Morgan Drexen Supports Changes

COSTA MESA, Calif., March 16, 2015 (GLOBE NEWSWIRE) — Calling it an opportunity for the “little guy” to catch his financial breath, Morgan Drexen, an MDRX Services company (http://www.morgandrexen.com) today announced their support of changes being made by Experian, Transunion, and Equifax in the way medical debt is to be reported and scored on the … Read more

Does Moran Drexen’s Preferred Creditor Program Create a Problem for Consumers?

Last week new information in the lawsuit between Morgan Drexen and the CFPB brought to light a commission compensated department called the Preferred Creditor Program. You can read that article, here. At least one commenter mentioned Morgan Drexen is not the only company to have such a program. If not, then an industry wide problem … Read more