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Credit Counseling Severely Wounded Under New New Court Ruling. Class Action Suits Expected.

Debt Settlement Companies May Want to Celebrate But Not So Fast. It Impacts Them As Well. In a recent opinion handed down in Zimmerman v. Puccio it was determined that non-profit credit counseling organizations operate as a “credit repair organization” as defined under the Credit Repair Organizations Act (“CROA”). This is entirely bad news for … Read more