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E.A.C. Financial

  • Meracord, Noteworld, and Fidelity and Deposit Company Hit With Class Action

    While the flood of lawsuits against debt settlement companies has slowed considerably yet one more class action has been added against Meracord, Noteworld, and Fidelity and Deposit Company of Maryland. This time in Arizona. The complaint provides...

    • Posted December 10, 2013
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  • Washington Class Action Suit Refocused on Lloyd Ward and Meracord

    Back in July a class action lawsuit was filed against Meracord (formerly NoteWorld) and Lloyd Ward, the Dallas debt settlement attorney who has sued my wife and I. The first compliant filed was a bit meandering and...

    • Posted October 31, 2012
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  • Reader Wants to Know What’s Up With NoteWorld Lawsuit

    A reader sent in a comment, “I have been following the Noteworld class action suit from afar. Are you aware of a settlement in this case? Thanks for all the good work you do out there and...

    • Posted November 3, 2011
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  • Illinois Files Suits Against Debt Relief Companies

    This week, Attorney General Lisa Madigan filed lawsuits against three Chicago area companies for fraudulent mortgage rescue and debt settlement schemes that cheated consumers out of large thousands of dollars. Madigan filed the lawsuits in Cook County...

    • Posted October 20, 2011
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  • NoteWorld Hit With Class Action RICO Suit

    Thanks to a tipster (send in your tips here) we discover that NoteWorld was just hit with a lawsuit on behalf of consumers against Noteworld, LLC (“Noteworld”), claiming the Tacoma, Wash. company has violated the Racketeer Influenced...

    • Posted July 29, 2011
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  • NoteWorld Involved in Georgia Class Action Case on Debt Adjusting. Raises Bigger Issues.

    It seems the issues surrounding if payment processors in the debt settlement world is getting more complicated. This recent class action case is out of Georgia against NoteWorld and Noteworld Servicing Center; Hattie Burke v. NoteWorld. It...

    • Posted March 30, 2011
    • 4