A reader sent in a comment, “I have been following the Noteworld class action suit from afar. Are you aware of a settlement in this case? Thanks for all the good work you do out there and your help with this is much appreciated.” I have not checked on the case in a while, so …
Thanks to a tipster (send in your tips here) we discover that NoteWorld was just hit with a lawsuit on behalf of consumers against Noteworld, LLC (“Noteworld”), claiming the Tacoma, Wash. company has violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by engaging in a conspiracy to defraud consumers by extracting exorbitant fees from …
A reader sent in an interesting question. They wanted to know why if TASC (The Association of Settlement Companies) changed their name to AFCC (American Fair Credit Council) then why did TASC report having 41 members and AFCC only reports 35. – Source Good question. What’s interesting about the AFCC membership list is that it …
It seems the issues surrounding if payment processors in the debt settlement world is getting more complicated. This recent class action case is out of Georgia against NoteWorld and Noteworld Servicing Center; Hattie Burke v. NoteWorld. It appears that NoteWorld gets sucked in not because of their actions but because of the actions of who …
There was a very recent class action suit against NoteWorld, NoteWorld Servicing Center, Nationwide Support Services, and Freedom Debt Center. Both Nationwide Support Services and Freedom Debt Center are TASC members. – Source. Joanne Garneau, the CEO of Nationwide Support Services, serves on the Executive Board of TASC. – Source I would not be surprised …
“Dear Steve, I have entered into agreement with Settlement Corporation of America. No monies have yet changed hands. 1st payment due the 15th. I may well not be able to make it. Background: Divorced, finalized 15 March, 2010. Equitable split. House, joint tenants, $125,000 left on note, for sale since Feb., asking $320,000. Owe $21,000 …
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