A court in Texas a just issued an opinion that appears to fly in the face of the FTC Telemarketing sales rules claims about debt settlement program performance statements. On March 12, 2012, Judge David Godbey issued the following opinion in the case involving Freedom Financial Processing, Debt Professionals of America, Debt Consultants of America, …
The suits filed recently by the FTC against Financial Freedom of America, Debt Professionals of America, and Debt Consultants of America surround a common thread and common practices of many debt relief providers. A wide swatch of debt settlement companies have been guilty of similar marketing practices that the FTC is strongly saying are deceptive, …
As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission has charged three debt relief operations with making unsubstantiated claims to lure consumers nationwide into paying thousands of dollars in up-front fees, but failing to reduce credit card debts as promised. According to the FTC’s two complaints, …
This review became very unusual. Shortly after looking into Debt Consultants of America I discovered that Butcher and Creel also run at least two additional debt settlement companies in the same building. This review is a combination of information about Debt Consultants of America, Debt Professionals of America, and Financial Freedom of America. I find …
