Home > Tag Archives: debt settlement (page 8)

Tag Archives: debt settlement

Debt Settlement Company Agent Admits Being Instructed to Lie to Consumers

Ready to Collapse

A debt settlement company agent who wishes to remain anonymous has confirmed some practices the company they worked for directed them to carry out. “The script that we had there gave the minimal amount of disclosures, however; we were coached to minimize and expound upon the program as having a greater benefit to the credit score, underplay the legal action ... Read More »

    I Want Bell South and Verizon to Settle My Debts. – Jacinta

    Ready to Collapse

    Jacinta “Dear Steve, I am buying a home very soon, may 22, I must payoff two debts from my credit report before I can close, I have a bell south debt (phone company) and time warner debt (cable service) from 2004, I live in NC. these accts are with a collection agency, I have contacted both of these agencies to ... Read More »

      I Fired My Debt Management Company And Now I’m Going to Settle My Own Debt. Should I Hire a Lawyer? – Jannelle

      Ready to Collapse

      Jannelle “Dear Steve, I have dropped my debt management company and am trying to negotiate with Chase and HSBC. I’ve composed a letter to them offering 40% of the balance owed. Am I better off hiring a lawyer to send this letter, or should I send it on my own? Jannelle”   Dear Jannelle, That’s a really good question. The ... Read More »

        I Am Scared, Sad, and Confused About Staying in the Debt Settlement Program With Freedom Financial. – Sandra

        Ready to Collapse

        “Dear Steve, I emailed you yesterday and was not very clear about my situation. I would like to start by saying I am scared,confused and feel like I made the wrong decision when I chose to go the debt settlemnt route-especially now with everything I am reading. At the end of December I contacted Freedom Financial to learn more about ... Read More »

          I’m Working With Franklin Debt Relief on a Debt Settlement Program. – Rob

          Ready to Collapse

          “Dear Steve, I had about $12,00 worth of credit card debt. I signed up with a debt settlement company (Franklin Debt Relief) and they worked down my two biggest debts. However, it does show as settled for less than full amount. I have three more debts that need to be paid. I had to make three large monthly payments to ... Read More »

            I’m Very Close to Falling Behind on My Bills. Do I Have any Options Other Than Bankruptcy? – Paul

            Ready to Collapse

            “Dear Steve, I have piled up over $60k of credit card debt over the past couple of years. My gross income has been in the $55k range for the past two years. I am in a business where my income should continue to grow but with minimums around $1300 per month I’m very close to falling behind on these and/or ... Read More »

              Morgan Drexen and Some of the Consumer Complaints Against Them

              Ready to Collapse

              Under a Freedom of Information request a document was obtained which contains a number of complaints filed by consumers against Morgan Drexen, the Nevada and California based debt settlement enterprise. Morgan Drexen appears to be coming under an increasing level of scrutiny and has been the subject of a number of consumer complaints and lawsuits for services. – Source Of ... Read More »

                Is There Any Way to Settle Our Debts With AMEX and Beneficial? – Jennifer

                Ready to Collapse

                “Dear Steve, We got ourselves into trouble with credit cards, espeically with our amex and a beneficial loan which are 18000.00 combined. Our other loans/credit cards are one for 2k, one for 1300.00 and one for 2400. the payments on the first two are killing us financially each month. Is there a way to negotiate with the creditors (mainly amex ... Read More »

                  Bank of America Gave Me a Settlement Amount But They Keep Changing It. – Rob

                  Ready to Collapse

                  “Dear Steve, I talked with Bank of America Credit card, they gave me a settlement amount, it was too much for me to pay immediately on the phone as requested. I sent them a check for the amount with a letter stating it was for the agreed amount for settlement etc. They cashed the check but never settled the amount ... Read More »

                    Montana Couple Files Class Action Lawsuit Against Debt Settlement Company Morgan Drexen

                    A Montana company has filed a class action lawsuit against the debt settlement company Morgan Drexen. Morgan Drexen is accused of violating racketeering laws and the Credit Repair Organizations Act. A newspaper article said: Morgan Drexen has “actively conspired’’ to avoid laws that apply to debt settlement companies and has “engaged in the unauthorized practice of law,’’ the complaint said. ... Read More »

                      First American Debt Solutions Apparently Lying to Debtors to Scare Them

                      Ready to Collapse

                      Bankruptcy attorney Dan Nunley in Oklahoma gets the credit for breaking this story. “It seems that a debt settlement company by the name of First American Debt Solutions (FADS) of Deerfield Beach, Florida, is mailing solicitation letters to Chapter 13 bankruptcy debtors across the USA. In the letter, FADS blatantly lies to the debtors by telling them that their Chapter ... Read More »

                        I’m in a Debt Settlement Program and I’m Terrified. – Magen

                        Ready to Collapse

                        Magen “Dear Steve, Seven months age-my husband and I signed up with Sierra Financial Solutions-a debt settlement company based out of CA. At the time we signed up-we were in a lot of credit card debt-around $45,000-but we were current on all of our payments-my husband got laid off in Aug 2008 and while we were lucky that he got ... Read More »

                          Debt Settlement America, TASC, and Chris Kesterson, What’s That All About?

                          Thanks to one of this sites readers who sent me a tip to tips@GetOutOfDebt.org I was told about a festive holiday press release from Debt Settlement America that was sent out. December 24, 2009 – Debt Settlement America (DSA) has offered a special gift to three families this holiday season by allowing them temporary deferments. A deferment means that the ... Read More »

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

                            Ready to Collapse

                            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 joined up with this “Company”, ... Read More »

                              Teresa Writes In And Asks “What Should I Do Next?”

                              Ready to Collapse

                              “I have a lot of debt. I fell behind after being diagnosed with cancer. All the medical bills were paid at first but I maxed out credit cards and then took out a HELOC. The HELOC made my debt worst because it just consolidated the debt but left open credit that was used again. Now I have a suspended HELOC ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.