Debt Remedy Solutions Closes and Tells Clients to Do It Yourself

A tipster (send in your tips here) wrote and said Debt Remedy Solutions just closed up shop and is now advising clients to deal with their creditors directly. The reader said that this advice was given to clients when they call the toll-free number at 866-597-0730. And sure enough, that’s what the message says. Listen … Read more

Debt Remedy Solutions has new fee being debited from my acct. – Lesa

Unfortunately, I got involved with Debt Remedy Solutions in Boca Raton, Fl about 3 years ago. My original contract stated that ALL fees were paid upfront, out of the money I deposited into my checking account, and they debited a certain amount out each month. Now, they have started debiting a monthly fee of $29.99 … 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

Regulation of Debt Settlement Companies Looming

This is a guest post by Kenneth Long, President of Fiscal Progress. If you would like to submit a guest post for publication, just send me an email to [email protected] Steve On September 25, 2008 the Federal Trade Commission (FTC) held a public workshop to explore the for-profit debt settlement industry. Panelists representing debt settlement … Read more

Debt Remedy Solutions – Scam, Complaint, Review, or Praise?

Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are … Read more

New York Attorney General Announces Nationwide Investigation Into Debt Settlement Industry

Subpoenas Fourteen Debt Settlement Companies and One Law Firm in Connection with Probe Debt Settlement Companies Often Charge Huge Fees for Misleading Plans, Suggest Selling Blood Plasma to Raise Funds, and Leave Consumers in Worse Financial Shape NEW YORK, NY (May 7, 2009) – Attorney General Andrew M. Cuomo today announced a nationwide investigation into … Read more