Lloyd Ward Sued by State Bar of Texas – Commission for Lawyer Discipline

Texas attorney Lloyd Ward, as part of Lloyd Ward & Associates, has beed sued by the State Bar of Texas, Commission for Lawyer Discipline over his alleged actions concerning debt settlement activities related to Debt RX USA and Silverleaf Debt Solutions. The complaint, filed on May 23, 2012, alleges that in “June 2008, Michael Miles … Read more

NYC Launches Investigation Into Debt Settlement Companies

This is just out from the New York City Department of Consumer Affairs. And for the record, this is the same thing that is going to happen to companies that get involved in debt restructuring as well. Department of Consumer Affairs (DCA) Commissioner Jonathan Mintz announced today that DCA is issuing subpoenas to 15 debt … Read more

Lloyd Ward, Lloyd Ward & Associates, Debt RX USA, and Silverleaf Debt Solutions Hit With Employee Suit

On June 13, 2011 Sabrina Bermudez filed suit against Lloyd Ward, Lloyd Ward & Associates, Debt RX USA, and Silverleaf Debt Solutions. The class action suit alleges the defendants did not pay proper wages for time worked. The suit alleges the following facts. Defendants specialize in selling and/or providing a variety of debt solution products … Read more

Another Debt Settlement Company Sued for Failing to Pay Proper Wages. Debt RX USA, Silverleaf Debt Solutions

In what seems like a recent trend, yet another couple of debt settlement companies have been hit with a lawsuit for allegedly failing to pay proper wages to employees. The other recent case was against ABC Debt Relief, The Debt Answer and Lloyd Ward & Associates, a law firm. In this case, Randy Abbe filed … Read more

I Was Working With Debt RX USA. They Promised Me 40% Settlements But I’m Being Sued. – Amanda

“Dear Steve, I contracted with DebtRxUSA to work through debt settlement. I was promised at least at 40% setttlement on my 2 credit cards. It has been an uphill battle with them to get them to respond to my questions and concerns, return phone calls and emails, and my creditors are telling me they will … Read more

Minnesotta Attorney General Misses Key Point in Suit Against Firms

Yesterday Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial were all sued by Minnesota Attorney General Lori Swanson for services they had delivered. MPR had the following story about the event. Swanson seems surprised that debt settlement companies do not deliver on the services they promise. “They’re very … Read more

Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial – All Sued By Minn. AG for Debt Settlement Services

Minnesotta today sued six debt settlement companies for overcharging consumers and operating illegally in Minnesota. The companies are: Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial. The state attorney general sued six out-of-state debt settlement companies Thursday for alleged violations of Minnesota law that left consumers already struggling … Read more

With Debt Rx USA I Have Had a Miserable Time and I Question Their Legitimacy. – Ralph

Ralph “Dear Steve, I am curious of your experience with Debt rx Usa. I have had an absolutely miserable time with them. In fact I don’t get the Jerry MaGuire approach at all, it’s more like a cork in the ocean feeling. I question the legitimacy of this group. In a nutshell, Since I have … Read more

Can You Direct Me To a Legit Debt Settlement Company? – Barby

Barby “Dear Steve, Hey Steve, My husband and I just bought a house and then (of course) I lost my job (salary of $38,000). While I am currently out job searching, I am using my half of the savings to pay my half of the bills. My husband pays the mortgage/utilities/phone/etc. & my responsibilities are … Read more

I Am a College Grad With Debt and Working With Debt RX. Should I? – Luke

“Dear Steve, I am a college grad, with 3 credit cards totalling around $18,000 of debt. I enrolled with Debt RX in March/April of 2009 and have still not settled with any of the cards. They have been good about answering my phone calls and responding to emails, but don’t know if this usually takes … Read more

Please Review This Debt Rx USA Marketing Material for Me. – Jeannie

Jeannie “Dear Steve, Debt RX USA sounded too good to be true, started researching reviews and found your site. any advice? am forwarding the letter I receuved from them after our phone call. am glad I did not sign up with them. Jeannie” Dear Jeannie, First off, thank you so much for sharing the information … Read more

Debt RX USA Debt Settlement Company Consumer Complaint

Update August 28, 2019 I received the following statement to add from Davis Frank of DebtRx. He wanted people to understand this post was not about the current company DebtRx He said, “This complaint is Not against DebtRx. It is against a different, unrelated, company which added the word USA to their name.” DebtRx and … Read more