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Debt Advocacy Center

Meracord, Noteworld, and Fidelity and Deposit Company Hit With Class Action

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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 …

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Debt Relief Firms and Owners Settle Big With FTC Over Performance Issues and Forensic Audits

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The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains to settle Federal Trade Commission charges. The settlements also permanently ban the 11 defendants from selling any mortgage assistance relief products. The FTC’s case against the four operators of the Debt Advocacy Center and another group of seven …

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