Partial Refund for Debt Help: Myth vs Reality

Quick Answer: Partial refunds from debt consolidation companies are possible but difficult to obtain, as shown by Eric’s case where he recovered only $3,000 of $11,000 paid. Consumers can pursue additional recovery through formal complaint processes, but companies typically structure contracts to limit liability and make full refunds unlikely.Question:Dear Steve,I entered a debt consolidation program …

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ID Theft Tax Fraud: When It Helps and Hurts

Quick Answer: Identity theft tax fraud both helps authorities prosecute criminals and hurts victims financially. Three defendants in Alabama received prison sentences ranging from 6 to 66 months for operating a stolen identity refund fraud scheme targeting the IRS.Three defendants involved in a stolen identity refund fraud scheme were sentenced today in the Middle District …

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Debt Settlement Refunds: What SC’s Order Means

Quick Answer: South Carolina’s order mandates refunds for debt settlement companies that charged illegal fees beyond the state’s permitted $50 setup fee and $10 monthly limit. Approximately 3,100 South Carolina residents have received refunds from companies that violated the state’s strict fee regulations.South Carolina has had a tough stance on debt settlement companies, only permitting …

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