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Tag Archives: michael hendrix

Debt Settlement Industry Still Crazy After All These Years

no bullshit

On March 10th I wrote about a landmark lawsuit filed against a wide number of people in the debt settlement field. As per an email that was allegedly sent out by Ira Frazer of Consumer Legal Services of America. The email also said, “The suit filed also includes serious allegations against Global Client Solutions, LLC some of their employees, Greenspoon ... Read More »

    Debt Settlement Industry – Sued in RICO Complaint

    The stomach ache is the symptom, not the problem. What is causing the stomach ache?

    It what I can only describe as a bombshell of an email, apparently debt relief industry individuals received the email below from Ira Frazer of Consumer Legal Services America, that has explosive implications. The email reads like a conference listing of both sides of the debt settlement industry. I reached out to Ira Frazer yesterday for more information but as ... Read More »

      Hell Just Froze Over. Global Client Solutions Tagged by CFPB.

      cfpb

      The Consumer Financial Protection Bureau has just announced an action they took against the bulwark debt relief escrow company, Global Client Solutions, who was collecting fees from consumers. Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Global Client Solutions, a leading debt-settlement payment processor, for allegedly helping other companies to collect tens of millions of dollars ... Read More »

        World Law Debt, World Law Group, Orion Processing and Global Client Solutions Sued in Kansas

        Screen Shot 2012-01-09 at 12.10.17 PM

        A Kansas case by Joy Locke-Odell v. Orion Processing d/b/a World Law Debt, d/b/a World Law Group, and Global Client Solutions was just moved to Federal Court. In this case it the Plaintiff position is that each entity involved in this debt relief transaction is a credit services or debt management services organization and subject to Kansas Consumer Protection Act ... Read More »

          Global Client Solutions Named in Illinois Class Action as Debt Adjuster

          On September 6, 2011, an Illinois class action case was filed by Karen Manczak against Global Client Solutions and Global Holdings. This case is related to another class action suit filed by the same person against First Financial Network. In this case, it is alleged Global Client Solutions is not a registered Illinois registered debt settlement provider but provides services ... Read More »

            Washington Supreme Court Issues Important Unanimous Opinion Impacting Debt Settlement Companies that Target Washington Consumers

            Ready to Collapse

            I received the following press release regarding the Global Client Solutions case I wrote about previously here. The Washington State Supreme Court issued Thursday an important opinion impacting “debt settlement” companies that ubiquitously promote their “debt settlement” services to heavily indebted Washington consumers through late night television advertising, unsolicited phone calls, Internet communications, and junk mail. In the matter of ... Read More »

              Report From the TASC Conference. Attendee Sends in Their Notes,

              Ready to Collapse

              Just in, an attendee at the TASC conference just held in Las Vegas has sent in their notes of what they felt was the highlights for readers. TASC – THURSDAY BOB LINDERMAN: GENERAL COUNSEL OF FREEDOM DEBT RELIEF GOALS AND OBJECTIVES: “THIS IS A CONSUMER CENTRIC, REGULATOR SENSITIVE, BUSINESS FRIENDLY ORG THATS GOING TO MAKE A CLEAN BREAK FROM THE ... Read More »

                Legal Helpers Debt Resolution and a Whole Bunch of Others Just Served With a Class Action

                A tipster (send in your tips here) directed my attention to a recent class action suit file in New Jersey against a whole host of Legal Helper Debt Resolution friends. In fact the suit names the salesperson involved in the sale of these debt relief services. That will be a cold splash of water for many debt relief salespeople. Here ... Read More »

                  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 Client Solutions mission, as stated ... Read More »

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