The Scott Law Group in Washington State has been VERY active in going after debt settlement companies that allegedly injure consumers. It appears some new companies have been added to their list of current litigation, The new companies include FBL Associates, Lifeguard Financial, Please Reduce My Debt, and Think Outside the Box Solutions. – Source …
As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission settled charges against a debt relief operation that allegedly lured consumers nationwide into paying thousands of dollars in up-front fees, but in most cases failed to actually reduce their credit card debts, and in many cases left …
On August 17, 2010 the Federal Trade Commission sued Debt Relief USA, Kelly Reilly, Alvin Bell, James Wojcik, and Valerie Leath. Previously Debt Relief USA had been in the news on this site. Part of that news was about how the company was running for cover to ditch their liabilities under a bankruptcy filing in …
I don’t think the former corporate directors of Debt Relief USA will soon forget July 15, 2011. On that day a State of Washington court awarded a class action award of $1.5 million against the directors of a now defunct and bankrupt debt settlement company. James Wojcik, Kelly Reilly, and Alvin Bell will have to …
In response to an article I posted yesterday here in which I mentioned Darrell Scott, Esq. said he was going after 16 settlement companies, a reader sent in the actual list of companies. The tipster (send in your tips here) said: “The Scott Law Group, P.S. is currently involved in debt settlement litigation involving the …
In a story that would have been just about a presentation to the New York City Council about debt settlement activities comes a glance into the activities of some debt settlement companies to attempt to loophole out of FTC new rules to regulate debt relief activities. The documents from the meeting say: Karen S is …
The Texas Attorney General’s Office has obtained a court order disbursing $3.7 million to Texans and customers in other states who were defrauded by a now bankrupt debt relief firm. Court documents filed by the State indicate that Debt Relief USA Inc. unlawfully collected millions of dollars from Texans who hired the firm to settle …
Loyal readers may have observed that I routinely never mention IAPDA, the International Association of Professional Debt Arbitrators (IAPDA) or even mention that a company may display their logo as being a member. It’s not that I’ve not noticed their logo displayed on sites, it’s that many in the industry have disparaging things to say …
“Dear Steve, Im another victim of debtrelief USA and would just like some positive reinforcement regarding this situation please!! i am a 24 year old collge student with 2 jobs and this couldn’t have happend at a worse time for me! i got all my up dates from http://www.drusabankruptcy.com/ however they ceased to give updates …
Vicki “Dear Steve, I signed up with a company by the name of Debt Relief USA, July 7, 2008. Their address is 16200 Addison Rd, Ste 105, Addison, TX 75001. They have not done anything to help me with my debt as they promised. I have recently found several articles on the Internet about complaints …