Persels and Associates Closed and I’m Being Chased for a Debt They Settled

Question: Dear Steve, About 4 yrs ago, my husband and I were completely in credit card debt. We went through Persels and associates. I know what you’re thinking, NO DEBT CONSOLIDATION LOL! Anyway we were well on our way to being debt free. This past June, we paid off our last creditor. It felt so … Read more

Persels and Associates Was Supposed to Take Care of My Debt

Question: Dear Steve, I engaged Care One to help me with debt consolidation and repayment. They told me to stop answering my phone and moved me to Persels and Associates. After more than five years of paying monthly, they told me that my debts were resolved. I found out this morning that I have a … Read more

Kick in the Nuts for Attorney Model Debt Settlement?

I was remiss in not covering this sooner but at the end of March there was what appears to be an important decision regarding attorney model debt settlement services where attorneys claim they are not regulated by the state and can charge advance fees. In a decision that the Maryland based debt settlement group, Persels … Read more

CRL Comes Out With Debt Settlement Warning. Is it Fair?

The Center for Responsible Lending just released a paper on debt settlement. Take a look at the information they published and add your comment below if you think their research is on the mark or way off base. It appears CRL relied upon data published by the American Fair Credit Council in making their determinations … Read more

CareOne / Persels and Associates – Consumer Complaint – March 7, 2013

Consumer Statement: For the past six months I have worked for Careone and Persels and Associates. Recently I left the company due to a lack of trust in the company and the product they offer. I was a customer service rep in the debt settlment program. I wanted to bring to your attention one of … Read more

Bankruptcy Court Not In Love With Attorney Loophole Debt Settlement. It’s a Duck.

Credit card modification seems to just be another quacking duck for debt settlement.

A recent memorandum opinion from Kansas in the United States Bankruptcy Court against Persels and Associates and attorney Stan Goodwin didn’t probably wind up how Persels would have wanted it to. The summary of the opinion is intriguing and clear. The United States Chief Bankruptcy Judge, Robert Nugent, says: If it walks like a duck … Read more

Maryland to Hold Important Hearing on Debt Settlement. Persels & Associates is Said to be Adamantly Opposed.

The Maryland Consumer Right Coalition reached out to me to let me know about upcoming hearings in Maryland that involve debt settlement. Marceline White of the MCRC said, “There will be two hearings in the Maryland General Assembly next week on regulating the debt settlement industry within the state. The legislation recommends that lawyers that … Read more

Persels and Associates Gets Into It With Kansas. Kansas Says Not Loving Attorney Model Debt Settlement.

The Topeka Capital-Journal is reporting an interesting development in Kansas regarding debt settlement. I’ve bolded the most interesting parts of the article below. But this case may be of significant interest for those staking a future under an attorney model to conduct debt settlement activities. A Maryland-based company conducting debt settlement activities in Kansas has … Read more