Today, the Consumer Financial Protection Bureau (CFPB) finalized an enforcement action against debt-relief payment-processors RAM Payment and Account Management Systems (AMS), as well as AMS’s co-founders, Gregory Winters and Stephen Chaya, for collecting debt-relief fees from consumers, lying to consumers about when the fees would be paid to debt-relief companies, and sending illegal advance fees … Read more
Macy Hanson – Crusader Macy Hanson, an attorney out of Mississippi appears to have risen to the level of a crusader against some student loan assistance companies. Once a situation escalates to the crusader level and it becomes personal, watch out. Or at the very least, watch the cases closely if you are a client … Read more
An email went out recently that said it should be shared with a friend, and that’s what a friend did. In January of 2021, the debt settlement industry started a new trade group, Consumer Debt Relief Initiative (CDRI). – Source But then another debt settlement industry trade group swept the legs out from under the … Read more
Don’t be shocked, but when it comes to the debt relief industry, it can get very nasty, very fast. I first covered a case involving GM Law Firm and attorney Macy Hanson, in 2018. You can see past GM Law Firm posts here. That first case also involved National Legal Staffing Support and Resolvly. It … Read more
The preliminary report is out from the court-appointed Receiver in the case involving “True Count Staffing Inc., d/b/a SL Account Management (“True Count”) and Prime Consulting LLC, d/b/a Financial Preparation Services (“Prime Consulting”) … Defendant Consumer Advocacy Center Inc., d/b/a Premier Student Loan Center (“CAC”), which is in bankruptcy, is not a Receivership Defendant. Albert … Read more
Holy cow! A former Document Specialist Supervisor for National Legal Staffing Support, Kevin Mason, GM Law Firm, and Stuart Goldberg just clubbed NLSS and GM Law Firm over the head. Williamson worked for NLSS up until July 18, 2018. Her affidavit calls the business a “student-loan-fraud racket.” She describes her job as working with clients … Read more
Attorney Daniel Gamez of Gamez Law Firm and attorney Macy Hanson from Mississippi filed a class action suit in February of 2018 that just came to my attention. The suit was filed against Kevin Mason PA, GM Law Firm, Kevin Mason, Chantel Grant, and Stuart Goldberg. Since the suit was filed other names have become … Read more
I received a copy of the deposition the court appointed receiver conducted as part of the suit against Jeremy Marcus and his related debt relief companies. If you have not kept up on the Federal Trade Commission (FTC) and State of Florida action against Jeremy Marcus and 321 Financial you can start with this link. … Read more
Well it looks like man in the hot seat, Jeremy Marcus, of “I’ve Been Raided by the Government” fame is refusing to turn over his BMW i8 luxury car to the court appointed receiver. On December 13, 2017 Jonathan Perlman, the Permanent Receiver, notifed the court about Jeremy’s refusal to turn over his 2015 BMW … Read more
Question: Dear Steve, I’m one of many ripped off by 321 loans, I sent my info to the receivership and have not heard back from them. I’m worried I will lose all my money from this. I was involved in a lawsuit prior to them being shut down now that was halted. I don’t want … Read more
It is almost becoming impossible to list all of the named entities in the FTC and State of Florida action against the alleged Massive Debt Relief Scam by Jeremy Marcus, Craig Smith, and Yisbet Segrea I’m actually not sure I have the strength to run through all the entities and people involved. As the Receiver … Read more
NerdWallet has published a list of 130+ student loan assistance companies that they say consumers should be wary of. They say “This Watch List names companies that charge for fraudulent or questionable debt relief services.” Companies that made the list have been investigated, penalized, or sued by state or federal authorities. The companies they list … Read more
Recently the FTC and State of Florida swooped in and shut down the operation of Jeremy Marcus, Craig Smith and Yisbet Segrea. The S word (scam) is the word used by by the government officials. As part of this action against the debt relief enterprise orchestrated by the Marcus crew there are two things that … Read more
I recently wrote about Omni Management Partners as the result of a comment made on the site. Subsequently I received a copy of the client agreement. What follows is just my opinion about what I read in the agreement. I am not a lawyer and can’t offer any legal opinion about this agreement. What you … Read more
The State of Connecticut recently fined Reliant Account Management (RAM) for operating in the state without a money transmitter license. A consent order entered into by Gregory A. Winters agreed to pay a $5,000 civil penalty and to “cease and desist from engaging in the business of money transmission in the future in Connecticut without … Read more