Question: Dear Steve, Is the Litigation Practice Group for real? They have me in a debt verification program. This company tried to dispute my debt with discover. And the creditor came back saying the debt was valid. So I’m paying them $385 a month. That will be $9,200 for two years. I think the company …
Today Damon Day and I talk about three quick topics. The first is a reader comment from our last podcast on debt validation. Danny sure is irritated by the podcast. Next, we talk about the termination of financing agreements for student loan assistance services. Finally, we discuss how the FTC is sending refund checks to …
In this podcast, Damon Day and I talk about why debt validation isn’t really the magic solution some companies try to sell to consumers. There is much more to know about debt validation before you just leap at the incredible sales pitch. If you think debt validation is the way you’d like to take care …
Question: Dear Steve, I may have been involved in a debt validation program. How do I find out which escrow account my money is being deposited into so that I can attempt to get a refund? Michelle Answer: Dear Michelle, Oh my. There are a few levels to this. The first concern is why it …
Question: Dear Steve, I had paid Burlington Financial $13,947.00 to help me get out of credit card debt. Now, this occurred in 2015. 1. How can l get my money back if they have not followed through with their obligations? Citronella Answer: Dear Citronella, I think you are actually talking about Burlington Financial Group. If …
Question: Dear Steve, I asked student loan Navient to provide me with proof the student loan is mine. They sent a list of loans, but the signature page was not mine. It was someone else name, address, social security number. I mean all of there personal information. What should be my next step? Joseph Answer: …
Question: Dear Steve, I noticed Golden Financial Services is pushing their “Debt Validation” as a way to save more money compare to debt settlement with various internet marketing. I did more research and found they use a company called Actify Solutions for this debt validation. By reading through the BBB complaints of Actify Solutions, I …
Question: Dear Steve, I live in CA, and in 2006, I received a $15,000 loan from MyRichUncle.com. I got divorced in 2010 and had to stop making payments and have not heard about it since. This month (Dec 2019) a collections company showed up on my credit report stating I owe $22,000. I called the …
Question: Dear Steve, $20k in credit card debt, trying to do a “debt validation” Is Coast Processing legit? They claim to use attorneys from Litigation Practice Group. Staci Answer: Dear Staci, These kinds of questions are tough to answer because “legit” means something different to just about everyone. What we have here are two different …
Educational Credit Management Corporation [ECMC] is the Department of Education’s premier student-loan debt collector. ECMC has appeared in literally hundreds of student-loan bankruptcy cases, and it knows all the legal tricks for defeating a student-loan borrower’s efforts to discharge student loans in bankruptcy. And most of the time ECMC wins its cases. But not always. …