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Nonprofit Credit Counseling Solutions to Get License Revoked and New Path Financial Gets Connecticut Cease & Desist

Credit Counseling Solutions, Inc Credit Counseling Solutions out of Branford, Connecticut is in danger of losing their license to operate as a non-profit credit counseling agency according to the Connecticut Division of Banking. The State has announced the credit counseling agency bond was cancelled. The company failed to provide proof they replaced the bond with … Read more

Latest Targets of Connecticut Enforcement Actions – June-July, 2012

Here is a summary of the latest enforcement actions against debt relief companies from Connecticut. Hopefully their experiences can become lessons learned so others can avoid the same fate. As you can see below, it’s been kind of a slow month. Debt Relief Servicing WHEREAS, the Notice alleges that Debt Relief Servicing offered to engage … Read more

NYC Launches Investigation Into Debt Settlement Companies

This is just out from the New York City Department of Consumer Affairs. And for the record, this is the same thing that is going to happen to companies that get involved in debt restructuring as well. Department of Consumer Affairs (DCA) Commissioner Jonathan Mintz announced today that DCA is issuing subpoenas to 15 debt … Read more