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 a very long description of the alleged actions and conspiracy between the debt settlement escrow company and the …
Courthouse News is reporting a new class action suit has been filed against Meracord (NoteWorld) and other for debt settlement activities. This 50 page complaint was filed by Steve Berman (steve@hbsslaw.com) with Hagens Berman Sobol Shapiro in Seattle and makes similar allegations as other suits have. The suit damns companies that have worked or are …
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 did not focus that much on the activities of Ward and his debt settlement companies. It appears the …
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 your help with this is much appreciated.” I have not checked on the case in a while, so …
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 and Corrupt Organizations Act (“RICO”) by engaging in a conspiracy to defraud consumers by extracting exorbitant fees from …
The bankruptcy trustee in the Chapter 11 bankruptcy cases involving Safe Trust Financial, P & E Solutions and Vertexsoft Corporation requested an emergency motion on May 19, 2011 to seize the companies and convert the bankruptcy filings to a terminal Chapter 7 case. Unfortunately this almost guarantees the clients of those debt relief companies, as …
what is the story with Expert Settlement Professionals….what is going on here I subscribed, I am paying for service, they are no longer reachable by phone or mail; fbl asso, the contact legal agent no longer represents customers; they are still receiving payments from us are they legitimate; where can they be reached; all my …
Here is a video of a guy that is selling debt settlement services that includes ESP software. [flashvideo file=/wp-content/uploads/DebtCollectorAffiliates.flv /] His initial assertion is that debt settlement is a new solution that has emerged in the last year and a half. The video is a classic example of what consumers are being told about why …
“Dear Steve, Ever heard of “US Consumer Support”? I received a phone call on my cell phone from a number in Wyoming, from someone claiming to be from “US Consumer Support”. Her voicemail said that she was contacted “on my behalf” about possible debt settlement and that I was listed as “preapproved” for some amount …
Dave VanderVeer has developed a consumer self-directed debt settlement approach. I had the pleasure of discussing his approach and software with him. You can hear the full interview below. As Dave observed, consumers are getting bombarded by many debt settlement companies making false promises and charging high fees upfront for services they may never deliver. …