The Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee) has filed a lawsuit in Riverside County, California against a network of for-profit loan modification companies on behalf of 16 homeowners from California and five other states. The suit alleges that defendants defrauded vulnerable homeowners out of tens of thousands of dollars by falsely promising …
I received an email from a tipster (send in your tips here) who said I should ask about more information about a company called Excel Financial Processing. The tipster (send in your tips here) said the company was related to a Mike Wayman, who I’ve written about before on this site. The reader forwarded a …
A reader and tipster (send in your tips here) sent in additional information on a company allegedly crafted by a couple of guys I’ve written about before, Mike Wayman and Don Brokaw. These guys have created a series of debt relief companies that have opened and closed in their wake. The latest incarnation is the …
“Dear Steve, I would really like to talk to you about Financial Hope for America – if there is anymore you have on them? You have done so much research I would love to clarify some things with you about this industry (I know politics not real estate debt) Would you please contact me re …
I saw an advertisement for USA Debt Settlement that was pitching non-profit debt settlement. The telephone number they list on their site, (888) 495-2054, comes back to the Certified Financial Protection Group, the loan modification company that took a powder and left their clients high and dry when they changed their name to U.S. Financial …
I previously got a tip that debt relief company Financial Hope for America was changing it’s name to US Financial Advisors. A new tip now says the new company that will take over for FH4A will be named U.S. Financial Advantage. Here is what an insider shared with me. Actually, the new “company” is US …
A tipseter sent me in a notice that Certified Financial Protection Group has closed up shop and left paying clients drifting. Certified Financial Protection Group was located in California and did forensic audits and loan modifications. I have contacted CFPG and asked how they plan to handle refunds for consumers that paid for loan modification …
Last night I saw an ad for a non-profit group promoting debt settlement. It was a company I had not heard of before called Financial Hope for America. It piqued my interest to see a non-profit group wandering so boldly into the debt settlement arena, especially when the domain name I saw advertised was non-profitdebtsettlement.net. …
