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Tag Archives: morgan drexen

Morgan Drexen Blog Lies and Publishes Confidential Client Information

A tipster (send in your tips here) pointed out to me that a site called “Morgan Drexen Blog” has posted untrue information about me and a story I wrote. Interesting. So let’s talk about it. The blog post in question can be found here, CYBER BULLY, STEVE RHODE EXPOSED. – Source A few days letter somebody posted on a website ... Read More »

    I Am a 63 Year Old Grandmother and Involved With Morgan Drexen. – Sharon

    Ready to Collapse

    “Dear Steve, I am a 63 year old Grandma, I am involved with Morgan Drexen, have paid them $950, which is their fee. I did not realize how much they charge. I have been aware that maybe they have not alerted my creditors as to my way of resolving the debt. I am being sued by Chase now, I just ... Read More »

      Previous Employees of United Law Group Help Start Brookstone Law

      Brookstone Law Credit Repair

      Update 4-8-2011: Brookstone Law is involved in seeking consumers to join mass joinder cases and while this article talks boldly about Brrokstone Law I’ve also published others in which I’ve praised Vito Torchia, Jr. of Brookstone Law. Anyone reading this article and wanting to know more about the reality of the players in the mass joinder space should see Vito ... Read More »

        Non-Profit Credit Counselors Watched by New York for Bogus Activities

        In a story that would have been just about a presentation to the New York City Council about debt settlement activities comes a glance into the activities of some debt settlement companies to attempt to loophole out of FTC new rules to regulate debt relief activities. The documents from the meeting say: Karen S is a 55 year old home ... Read More »

          Morgan Drexen Threatens Journalist and Free Speech. Demands All Mentions of Morgan Drexen be Removed.

          Ready to Collapse

          Yesterday this reporter and this media outlet received a letter from Morgan Drexen titled Morgan Drexen’s Demand to Cease and Desist Illegal Activity. Ultimately their demand is that this journalist and publication should “remove any and all reference to Morgan Drexen” as a condition “to Morgan Drexen agreeing not to pursue its damage claims against you.” The irony is that ... Read More »

            Morgan Drexen Loses Bronze Accreditation From DSCP

            A tipster (send in your tips here) brought the following item to my attention from the Debt Settlement Consumer Protection site. Morgan Drexen’s Accreditations have been revoked When we originally reviewed Morgan Drexen on Debt Settlement Consumer Protection, we gave them a bronze accreditation (lowest DSCP accreditation). Because of public outcry we have removed any accreditation from Morgan Drexen. Their ... Read More »

              How Do I Cancel a Debt Settlement Company Contract With Morgan Drexen. – Walter

              Ready to Collapse

              How to cancel a debt settlement company contract The company is Morgan Drexen. I am in a very troubling situation. I signed up with a debt settlement law firm but after talking to them about the fees and all percentage paid for saving I want cancel but do not know if this is wise and what pitfalls if any to ... Read More »

                Harvey Z. Warren Publishes New Book, Drop Debt. Brings Back to Mind a Bit of FTC Past That Tangles In Walter Ledda, CEO of Morgan Drexen

                A couple of days ago I saw the press release for “Drop Debt” by Harvey Z. Warren and thought, “Hum, that names sounds familiar from the past.” In a twist of “what a small world it is” it came to me. There was a Harvey Warren that I remember getting slammed by the FTC a number of years ago for ... Read More »

                  Sorry to Say I Also Have Fallen Into the Morgan Drexen Scam. – Alberto

                  Ready to Collapse

                  “Dear Steve, sorry to say I also have fallen into the morgan drexen scam what should I do now ? file for bankrupt,or try to work with my creditors? I am currently unemployed.Or should I try The Obama credit relief program? Alberto” Dear Alberto, I’m not sure what you mean when you say you have fallen for the Morgan Drexen ... Read More »

                    Offshore Debt Settlement, Morgan Drexen, Badges, Elizabeth Warren, Bed Intruder, CROA, and More – Podcast

                    Here is this weeks podcast where Damon Day and I talk about a number of debt industry issues including: Debt settlement companies settling up offshore enterprises to sell services back to U.S. residents. The odd statements made in the recent Morgan Drexen press release. You can watch video from the release here. What is the Financial & International Independent News ... Read More »

                      Attorney Assisted Debt Resolution Program Said to Be Different Than Debt Settlement. How Can That Be?

                      In the video below put out by Morgan Drexen today and distributed with their press release (source), Walter Ledda, CEO says attorney assisted debt resolution is an alternative to debt settlement. Is it somehow magically different? [flashvideo file=/wp-content/uploads/MorganDrexen.flv /] At 0:37 and you will hear Ledda make comments to advise consumers to avoid bankruptcy. “Bankruptcy is the last resort for ... Read More »

                        I Want to Cancel Out of Morgan Drexen But They Say I Still Have to Pay The Fee

                        Ready to Collapse

                        “Dear Steve, I have been with Morgan Drexen for a couple of months now . I have a contract with them. so far they haven’t paid anything to my credit cards at all. they said they won’t start getting paid until about 7 or 8 months until my engagement fee is paid off with them which totals about 900.00 and ... Read More »

                          Morgan Drexen Not Telling The Whole Story on Fees? The Most Bizarre PR Encounter I’ve Ever Had.

                          What began as a simple story about a Morgan Drexen press release last week has turned into so much more. Last Friday I wrote “Is Debt Settlement Company Morgan Drexen a Flip-Flopper?” where I talked about their seemingly sudden switch from opposing the Federal Trade Commission effort to roll out new rules that regulate debt settlement companies, to applauding them. ... Read More »

                            Is Debt Settlement Company Morgan Drexen a Flip-Flopper?

                            Thanks to a great tipster (send in your tips here) I learned today that Morgan Drexen sent out a press release that was unbelievable. Debt settlement company Morgan Drexen was against nearly everything the FTC was working on in the proposed telemarketing sales rules. Even the Federal trade Commission says so in their final document. “One industry member [Morgan Drexen] ... Read More »

                              We Are Disabled. How Can I Get Out of My Morgan Drexen Contract? – Bob

                              Ready to Collapse

                              “Dear Steve, We just signed up with a company called MorganDrexen out of Anaheim, CA. and I just found out that they have an F rating with the BBB. Can we get out of this contract? They recceived our signed copy on Friday of last week. Please help us in any way you can. We are desparate. Thank you. Bob” ... Read More »

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