At one time Damian Kutzner was living the debt relief high life. He had participated or even concocted the mass joinder mortgage elimination scheme at the height of the real estate meltdown. A large number of good people believed the sales hype. The end result was a couple of attorneys who are suspended, a couple …
I’m sharing my story out of pure frustration and I don’t even know where to start. First off I’d like to remain anonymous if you choose to share my story as I am still unfortunately dealing with Macklock. While trying to find more information on Macklock I came across your website and this is why …
Legal NewsLine posted a story that caught my eye. The article said, “A fast-growing small business financing company in Boston has filed a federal lawsuit against two debt elimination companies, alleging they are scamming merchants and commercial businesses and, in turn, have damaged the plaintiff company.” It’s an interesting turn of events in the business …
So the strangest thing just happened. A reader filled out this debt relief company review form on Helping America Group and attached a copy of their client agreement. The agreement included Breeze Financial Solutions, Helping America Group, and 321 Financial. But here is where it got a little odd. Over in this article the relationship …
A debt relief industry insider and tipster (send in your tips here) forwarded me a copy of an agreement they received from a consumer from a new company called American Credit Shield. The tipster (send in your tips here) said the consumer was being charged a fee of several thousand dollars to participate, a monthly …
This article was written and contributed by Jason Spencer, the former Managing Partner of Dextral Capital Management Fund. He shares his observations and experiences from inside the debt settlement industry. August 16, 2017 James Talbert posted this information online to give another side to the Jason Spencer story. April 25, 2017 The guest post by …
A reader just posted the following comment. Alliance 8 /Freedom Fidelity management has now morphed into Allstate National. How the state of California permits these people to continue scamming honest folk out of their hard earned money is beyond me. STAY AWAY and for those victims continue to write and inform the public about these …
Don’t think that scams that prey upon people with debt problems is limited to just the United States. Just recently the High Court in London shuttered a fraudulent debt buyer operation. Readers familiar with some of the debt buyer claims will notice they sound suspiciously familiar to the debt buyer claims in the U.S. Buy …
A recent email forwarded to me from a reader reminded me about the debt restructuring approach I wrote about a while back. Apparently it was going to be the saving program for all the old mortgage selling, loan mod pushing marketers to sell after advanced fee debt settlement hit the TSR wall. Feel free to …
The FTC has stepped in and sued some debt relief companies in an effort to get them to stop impersonating federal agencies. This case is important since it targets the claims made by a debt relief agency and requires the claims made to be true. The Federal Trade Commission has filed a complaint in U.S. …