Question: Dear Steve, I entered a debt consolidation program with a popular company I read the reviews on the Better Business Bureau website about this company obviously too late they’ve taken over $10,000 from me. They have returned approximately $3,000. Is there any recourse for this type of action? They have seem to covered all … Read more
“Dear Steve, I fell for subscribing to Zoosk, despite what I felt were unusually high charges. One day later, after being sent some “Profiles,” I decided to cancel. They will let you cancel and not get their emails and FB messages, but you are bound to pay the entire amount. In this case about $99.00. … Read more
Three defendants involved in a stolen identity refund fraud scheme were sentenced today in the Middle District of Alabama, the Justice Department and the Internal Revenue Service (IRS) announced today. Chiquanta Davis received a prison term of 66 months, Terrence Davis was sentenced to 18 months in jail and Laurekshia Blakely received a six month … Read more
A few years ago my life used to revolve around shoes. No, not pretty, girly, snazzy shoes but legitimate, athletic, training shoes. There’s no business like shoe business! Back then, I could tell you anything you wanted to know about any shoe on the market. Around the time that I stepped down from the industry … Read more
“Dear Damon, I enrolled in a debt settlement program and after 8 months finally decided to stop the program because of information provided in this blog and by my creditors. I am going to follow Steve’s steps to try to recover my losses. If I am not able to get any funds returned or get … Read more
South Carolina has had a tough stance on debt settlement companies, only permitting a $50 setup fee and $10 monthly. According to the news report below approximately 3,100 South Carolina residents have received refunds from debt settlement companies that charged fees illegally. Thanks kind tipster (send in your tips here) for pointing out this story … Read more
As part of the testimony of the Senate hearing today on Protecting Consumers from Deceptive Debt Settlement Schemes a consumer provided testimony that named Financial Freedom of America, a USOBA member. It appears the company may have since changed their name, the FinancialFreedomOfAmerica.com website now brings up Financial Freedom Processing. What Financial Freedom Tells Consumers … Read more
Here is the latest Get Out of Debt show podcast. Caller Question Daisy called in and was curious about how to get a refund for Allegro Law services since they are now under court control. You can learn more about the whole Allegro Law mess by reading Debt Settlement Attorney Keith Nelms with Allegro Law … Read more
Caller Question James called with a very unusual situation. Allegro Law was a debt settlement and debt management company that was in the state of Alabama and was closed down. James had a check from them that was issued before they were closed, and it bounced. Ouch! He now wants his money back because he … Read more