“Dear Steve, I paid Safetrust Financial for 2 years to settle my debts. They settled just one account and have filed for bankruptcy. Whom could I contact to get my money back? What are my chances of getting my debts settled? Thanks, Stan” Dear Stan, Safe Trust Financial filed for a Chapter 11 reorganization of …
“Dear Steve, What is the relationship between ESP and Life Guard Financial. My wife was duped out of approximately 10K by Lifeguard. Any chances of getting any money back? What are the chances of getting an attorney or the Fla. Atty. General invoved to get any money back, or is it a lost cause? Ron” …
On February 7th Safe Trust Financial, Vertexsoft Corporation and P & E Solutions all filed for Chapter 11 bankruptcy protection. What follows is a review of the documents filed in that case to date. As of the date of this article, the case is ongoing and clients have been receiving notices from the bankruptcy court. …
An awesome tipster (send in your tips here) just sent in the following email they received from Safetrust Financial. Kind of ironic that a debt settlement company goes bankrupt to keep servicing the accounts of people who wanted to avoid bankruptcy. But then uses bankruptcy as a way to shed the liabilities of the affiliates …
One of the allegations in the ongoing battle between debt relief providers Frank Linder, Esq. of FBL Associates and Evan Kagan, Esq. is the allegation that customer data was stolen from FBL Associates and utilized by the offices of Kagan to persuade clients to leave FBL and join Kagan.. For a number of months I’ve …
Here is an excellent example of how confusing and convoluted the debt settlement industry has become. Phillips Financial is a debt settlement company that has people sign a contract for their services that includes services provided by seven different or interrelated companies. Imagine having to contract with seven different companies to get the services promised …
In doing research for an article I’m working on and I kept getting emails from a debt settlement company sales person saying I needed to check them out with the Settlement Rating System of America web site. The sales guy kept saying “You will see we have a AAA rating.” So I went over to …
