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WV Wins Judgment Against Nonprofit Credit Counseling Agency and a Number of Debt Relief Companies

On March 20, 2013 the State of WV was granted a judgment against James Armstrong, Family Credit Counseling, Debt Solutions Foundation, Top Financial Sales & Marketing, Consumer Financial Marketing, Consumer Debt Management & Education, JRA Property & Land Management, Vegga Corporation, and American Debt Counseling. Court records indicate Family Credit Counseling Corporation was a federally … Read more

Family Credit Counseling: An Emerging Community Service

Family Credit Counseling: An Emerging Community Service by Mayo H. Stiegler The title of this article is taken from the recent report of the National Study on Family Credit Counseling on whose Working Committee I served as a representative of NLADA. The publication of its report comes at the end of two years’ study of … Read more

Credit Counseling Groups in the Crosshairs With Pay For Performance History

This comes straight from a tipster (send in your tips here) who directed me to the site of Cotchett, Pitre & McCarthy. I reached out to CPM for additional information but as of the time of publication I had not heard back. Cotchett, Pitre & McCarthy is continuing its investigation into fraudulent “debt counseling” and … Read more

West Virginia Attorney General Sues Non-Profit Credit Counseling for Really Being All About Profit

Attorney General McGraw Sues James R. Armstrong, Jr. and His Web of Florida Shell Companies Over Fraudulent Credit Counseling Scheme Attorney General Darrell McGraw filed a suit today alleging that James R. Armstrong, Jr. of Coral Springs, Florida, masterminded a web of for-profit companies to enrich himself under the guise of providing debt management services … Read more