An ‘MCA Debt Settlement’ Owner Just Pleaded Guilty to Fraud — Here’s the Red Flag That Gives the Scam Away
An MCA debt-settlement owner pleaded guilty to wire fraud after taking $3.7M from small businesses. The one red flag that gives the scam away.
debt settlement scam
A Court Just Exposed Exactly How Attorney-Model Debt Settlement Works — Every Dollar, Every Rubber Stamp
A bankruptcy judge traced every dollar through an attorney-model debt settlement firm’s own database. What she found should worry anyone enrolled in a similar program.
Rhode Island AG Sues Palisade Legal Group Running Illegal Debt Scam
Rhode Island AG sues Palisade Legal Group for operating an unlicensed debt management business disguised as a law firm—charging 27.5% of total debt while delivering little to no relief.
Palisade Legal Group Complaints: What the Records Show
Quick Answer: Rhode Island’s Attorney General filed a lawsuit against Michael Moccia and Palisade Legal Group for operating unlicensed debt-management services while disguising their business as a law firm. The lawsuit alleges they charged illegal excessive fees and damaged consumers’ credit scores, seeking refunds for affected Rhode Island consumers.Attorney General Peter F. Neronha announced today …
National Certified Debt Relief: Legit or Scam?
Quick Answer: National Certified Debt Relief’s mailer appears to be a scam using deceptive marketing tactics that falsely imply government involvement. No government program exists to eliminate consumer debt, and the official-looking documents from Washington DC addresses are designed to trick people into paying large fees for debt relief services.“Dear Steve,I received document from Debt …
Government Monitored Debt Relief: What It Really Means
Quick Answer: The “Government Monitored Debt Relief Program” is not a legitimate government program but a marketing scam designed to collect money from consumers. No such federal debt relief program exists, and recipients should ignore these solicitations completely.“Dear Steve,I received letter from the Government Monitored Debt Relief Program re: consumer, medical, unsecured, and credit card …
Credit Repair and Debt Settlement Scam Red Flags
Quick Answer: Florida’s Attorney General warns that credit repair and debt settlement scams were among top consumer complaints, with disreputable companies charging substantial up-front fees before providing services. Consumers should avoid companies making outrageous promises and demanding payment before delivering results, as these often leave customers deeper in debt.Florida Attorney General Bill McCollum issued a …
Debt Relief Group vs Debt Bailout: Myth vs Reality
Quick Answer: The reader fell victim to fraudulent Allegro Law, lost money, and now faces $60,000 in debt with collection agencies demanding large payments instead of affordable $100 monthly payments. Debt settlement companies like those advertised often charge high fees, while legitimate nonprofit credit counseling agencies can arrange affordable payment plans with creditors — though …
Debt Settlement Scam Email: What It Means
Quick Answer: Debt settlement scam emails are variations of Nigerian 419 frauds that falsely claim government debt forgiveness from officials like “MR GOODLUCK JONATHAN.” Recipients should delete these emails immediately as they’re designed to steal personal information and money through fake debt relief promises.Floating around the internet is an email using debt settlement as the …
