What’s Your Opinion? Is Debt Settlement the Unauthorized Practice of Law?

I was just reading a recent case filed against Freedom Debt Relief, Freedom Financial Network, Global Client Solutions, and Brad Allen. The case alleges that the defendants violated the debt relief provisions of the bankruptcy code, violated California law, engaged in the unauthorized practice of law and violated the California consumer fraud act. You can …

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State of Washington Files Amicus Brief in Support of Case Against Freedom Debt Relief and Freedom Financial Network

Another brief forwarded to me recently by a regulator friend was that of the amicus brief filed by the State of Washington in a private case against Freedom Debt Relief, Freedom Financial Network, Andrew Houser, and Bradford Stroh. The issue appears to have been if Freedom was in fact a debt adjuster under the Washington …

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Freedom Debt Relief to Layoff 120 and Close Office

Mark Anderson of the Sacramento Business Journal is reporting that Andrew Houser and his Freedom Financial Network will close their office in Sacramento, California and begin “curbing its local operation Nov. 15, with employees winding down over about a six-month period.” The change is blamed on recent FTC telemarketing rules changes and the need to …

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Rocky Mountain Bank & Trust / Global Client Solutions – FDIC SHOCKER!

Here is an event I totally missed but thanks to a recent suit against debt settlement company GHS Solutions the FDIC action against Rocky Mountain Bank & Trust which operates in conjunction with Global Client Solutions can be reveled. Apparently the Federal Deposit Insurance Corporation (FDIC) felt the relationship between Rocky Mountain National Bank & …

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Freedom Debt Relief Bragging About Being in Forbes. Not So Fast Fellas. Back the Bus Up.

I am constantly accused of targeting this company or that company but in truth I’m so busy writing about the next thing to cross in front of me I don’t have time to have anyone on the radar. I say that because I find myself writing something that involves a company I’ve written about before, …

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Global Client Solutions & Rocky Mountain Bank & Trust, Good People Tangled in Some Bad Debt Settlement Business

First, let me say that in my life in the credit counseling and debt management world I have had an opportunity to interact with the folks at Global Client Solutions (GCS) and Rocky Mountain Bank & Trust. I always found them to be professional and competent at what they do, manage client accounts. The Global …

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Eleven Companies Settle With The State Under New Debt-Management And Credit Counseling Regulations

Colorado Attorney General John Suthers announced 3-12-2009 that enforcement actions taken under debt management laws that came into effect last year have resulted in settlements from 11 companies. “In this current economy, consumers need to be particularly careful about offers to eliminate debts and erase negative information from credit records,” Attorney General John Suthers said. …

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