A tipster (send in your tips here) told me that things turned dire at World Law Debt last week. Apparently their Chapter 11 bankruptcy reorganization was forced into a Chapter 7 liquidation after an application to the court by the Oregon Department of Justice because a number of problems the debt settlement company faced. For years World Law has been ... Read More »
World Law Debt Allegedly Sends Mailer That Leads to This Horrible Sales Call and Apple Law Group. Listen.
A reader received the following mailer and was concerned about the promises made. You know, at some point, after years of covering these things it feels like it will never end. It’s just one deceptive and misleading mailer sent after another. I begrudgingly picked up the phone and called the number on the “Resolution Pending” mailer and it was answered ... Read More »
Global Client Solutions, Clear Your Debt, Orion Processing, Derin Scott, Shannon Scott and Pradeep Nair Hit With Lawsuit
On June 17, 2011 the following case was filed, Jalenna Bowie v. Clear Your Debt, Global Client Solutions, Orion Processing, Derin Scott, Shannon Scott, and Pradeep Nair. The case goes after the debt relief providers for violating the Credit Repair Organizations Act, violations of the Ohio debt adjusting statutes, violation of the Ohio Consumer Sales Practices Act, violation of the ... Read More »
Yet Another “Avoid the TSR” Pitch – RE: COLLECT DEBT SETTLEMENT FEES IN ADVANCE! ELIMINATE FACE-TO-FACE WORRIES.
Thanks to an awesome tipster (send in your tips here) I received the email and attachment below. By itself it’s nothing new but it was the non-disclosure agreement that caught my eye. The document says it was created by Gil Medeiros who I remembered writing about, here. (Additional information) The tipster (send in your tips here) that sent this information ... Read More »
Clear Your Debt, Endebt Solutions, Debt Consultants of America, DebtOne Financial, American Debt Arbitration – Sued by Illinois
Illinois Attorney General Lisa Madigan today filed four lawsuits against debt settlement companies, alleging that the defendants are engaging in deceptive marketing practices, charging excessive fees and doing little or nothing to improve consumers’ financial standing. Along with these suits, Madigan has proposed legislation that would crackdown on the industry’s abusive practices. “These companies are unfairly luring financially strapped consumers ... Read More »