See February 9, 2013 update at bottom for takedown request received from EFA Processing. 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. I asked Jason why he wanted to share this story. He said, “The reason is that ... Read More »
Do Debt Settlement Company Relationships With Hedge Funds Create a Fiduciary Problem for the Consumer?
A new variation of the debt settlement process is appearing, the debt settlement hedge fund. Apparently the way this works is the debt settlement company has a relationship with a related hedge fund or pool of money that they can access to payoff an enrolled clients debt. The issue is if the debt settlement company reaches an agreement with the ... Read More »
Address: Not provided on their Web site. – Source 7668 Warren Pkwy Ste 325 Frisco, TX 75034-4161 – Source Website: DebtXS.com Domain was registered April 25, 2002 and is owned by DebtXS LP, 7668 Warren Parkway, Suite 325, Frisco, TX 75034. The admin contact is Ken Talbert. The site is hosted along with two other sites on the same server, ... Read More »