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 a very long description of the alleged actions and conspiracy between the debt settlement escrow company and the … Read more

Sean Zausner, David Zausner, David Feingold Agree to Pay Millions to Settle With FTC

David Feingold of Elimadebt was named as part of a $19 million settlement with the FTC over some of his other business activities. Today the FTC announced that under a settlement with the Federal Trade Commission, a federal court banned three men and their company from the mortgage modification business and ordered them to pay … Read more

Elimadebt Player Comes Back Around in FTC Settlement With First Universal Lending

David Feingold, a lawyer out of Florida, who I first reported about in relation to Elimadebt, has surfaced again as part of a reported FTC $18.8 million settlement regarding his actions in the loan modification business. The Balm Beach Post is reporting that David J. Feingold, Sean Zauser, and David Zauser have agreed to pay … Read more