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Do Debt Settlement Company Relationships With Hedge Funds Create a Fiduciary Problem for the Consumer?

A new variation of the debt settlement process is appearing, the debt settlement hedge fund. Apparently the way this works is the debt settlement company has a relationship with a related hedge fund or pool of money that they can access to payoff an enrolled clients debt. The issue is if the debt settlement company … Read more

One Debt Settlement Contract That Includes – Phillips Financial, Expert Settlement Professional, NoteWorld, Global Logistics Enterprise, FBL Associates, Prepaid Legal and National Asset Exchange

Here is an excellent example of how confusing and convoluted the debt settlement industry has become. Phillips Financial is a debt settlement company that has people sign a contract for their services that includes services provided by seven different or interrelated companies. Imagine having to contract with seven different companies to get the services promised … Read more