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Tag Archives: morgan drexen

Morgan Drexen Problems Not Over Even In Their Own Bankruptcy

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The national debt settlement company Morgan Drexen, whose successors are embroiled in their own legal troubles, seem to be facing more upcoming issues from their own bankruptcy filing. On April 30, 2015 Morgan Drexen filed for bankruptcy protection. The filing was converted to a Chapter 11 reorganization and then back to a Chapter 7 liquidation. The Bankruptcy Trustee appears to ... Read More »

Will I Get Any Money Back from Morgan Drexen?

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Question: Dear Steve, I was a client of Morgan Drexan for over 5 years, I too paid up front fees prior to any services being rendered. Plus a lot of fees along the way. I read in your column that the court gave a verdict and found Morgan Drexan guilty and ordered them to pay damages. My question is that ... Read More »

CFPB Wins Final Judgment Against Morgan Drexen for Illegal Debt-Relief Scheme

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At the request of the Consumer Financial Protection Bureau, a federal district court entered a final judgment this week against debt relief company Morgan Drexen, Inc., resolving a lawsuit filed by the CFPB in August 2013. The Bureau’s lawsuit against Morgan Drexen alleged that the company charged illegal upfront fees and deceived consumers. The court found that the company violated ... Read More »

I’m Now Thinking Debt Settlement Attorney Aissac Aiono Must be Either a Liar or an Idiot

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Frankly I’m just ashamed and disgusted by revelations in recent court documents filed by the Consumer Financial Protection Bureau (CFPB) in the case against Morgan Drexen which then sucked in attorneys continuing the illegal advance fee debt settlement enterprise. One of those participants actually threatened to sue me when I first wrote about the activity. See this article. More on ... Read More »

Kerthump is the Sound the Morgan Drexen Judgment Made

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Yesterday the court issued a final judgment against the once soaring and now defunct debt settlement company Morgan Drexen. I’ll let the court order do the talking. “IT IS ORDERED: 1. Restitution: Judgment for equitable monetary relief is entered in favor of the CFPB and against Morgan Drexen in the amount of $132,882,488 as restitution for the unlawful up-front fees ... Read More »

Seila Law – Williamson & Howard – Debt Settlement Strangers?

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The court battles drag on in the ex-Morgan Drexen case that subsequently involved successor law firms and attorneys. Specifically, Vincent Howard, Howard Law, Lawrence Williamson, Williamson & Howard, and the Williamson Law Firm are still battling the Consumer Financial Protection Bureau (CFPB). The CFPB thinks these people should be held in contempt and pay monetary sanctions for some ongoing issues. ... Read More »

Aissac Aiono Opens New Law Office – Seila Law

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Aissac Aiono, who was previously associated with the Williamson Law Firm that was allegedly providing services or support for Morgan Drexen and/or Howard Law, has opened a new law office in Kansas City, Missouri. In this solo practice Mr. Aiono says he is providing assistance with personal injury, medical malpractice, consumer debt defense, child custory, bankruptcy, criminal defense, and DUI ... Read More »

The Morgan Drexen Legacy – More Pain for Lawyers and Consumers

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Morgan Drexen was a nationwide debt settlement enterprise that sold consumers hope they could eliminate their debt by settling it. And while debt can certainly be settled by knowledgeable people, the Consumer Financial Protection Bureau (CFPB) had significant concerns about the company and attorney network they created. The entire Morgan Drexen debacle is a story too long for this article. ... Read More »

Has Howard Law Thrown in the Towel with Debt Settlement?

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In an ongoing situation with the former debt settlement company, Morgan Drexen and the Consumer Financial Protection Bureau (CFPB) it looks as if the effort by successor law firms to service the former Morgan Drexen clients is heading towards a resolution. Howard Law, P.C., Williamson & Howard, LLP and The Williamson Firm, LLC had made claims or assertions they could ... Read More »

Howard Law – Free Debt Report Commercial and Morgan Drexen Update

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A reader wanted me to see the following commercial that is airing on television. I can see it aired at least five days ago on BET. The commercial goes to a website, freedebtreport.com that presents Vincent Howard as one of the nation’s top lawyers. – Source The tip about the commercial gave me a reason to go check the court ... Read More »

Morgan Drexen Take Over Attorneys Held in Contempt by Court

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What began in 2013 as an issue between the Consumer Financial Protection Bureau (CFPB) and the debt settlement company Morgan Drexen has now turned into a widening action that has resulted in several attorneys being found to be in contempt of court and facing a $10,000 per day fine if they don’t return client money. Sooner rather than later. On ... Read More »

Debt Relief Attorney Kills Mother. Another Loses License.

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Tragic is all I can think of to describe the subsequent events that happened to United Law Group and Brookstone Law. United Law Group (ULG) was an Irvine California operation that was selling hope to avoid the loss of your home to foreclosure. You can click here for past articles on ULG. In 2010, United Law Group filed bankruptcy. In ... Read More »

Walter Ledda, Working as Temp in Poland, Caught By Surprise in Morgan Drexen Case

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New public documents filed in the Morgan Drexen case paint a picture of Walter Ledda caught by surprise by the turn of events. These excerpts are from the documents shown with the source link. You can click on those documents to read the full original filing. In the first document, Ledda represents the recent CFPB action caught him by surprise. ... Read More »

Morgan Drexen Bankruptcy Update for August 25, 2015

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As part of the public record, the bankruptcy trustee in the Morgan Drexen bankruptcy has just posted a very interesting update. The document was filed on August 24, 2015 and here is what it says. The Trustee states the Morgan Drexen business has been wound up and 15,000 letters were sent to “Affected Customers” notifying them of the facts surrounding ... Read More »

Howard Law Responds to CFPB Claims

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Recently I wrote about filings by the Consumer Financial Protection Bureau (CFPB) in the Morgan Drexen case. The CFPB said, “Aside from going to great lengths to continue Morgan Drexen’s debt relief scheme and collect fees from Affected Consumers, the Attorneys engaged in numerous tactics designed to ensure consumers would—at a minimum—be confused about their rights, if not misinformed.” – ... Read More »

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