World Law Debt Forced to Liquidate in Bankruptcy

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 … Read more

World Law Debt. A New Incarnation of Orion Processing, SwiftRock Financial, Messa Rock Financial, and Topaz Financial?

Thanks to a tipster (send in your tips here) that pointed this out in a recent comment. they have changed their name again to hide from lawsuits and all the bad press. They are also known as orion processing and now World law debt. www.worldlawdebt.com has same address and all the same employees. Mr. Derin … Read more

SwiftRock Financial is Settling My Debts. They Said They Took Care of It. I Just Got My Wages Garnished. – Peggy

“Dear Steve, Swithrock Financial has supposedly been working on my debts for over a year. I was subpoenaed to court for one debtor and Swiftrock stated that they had taken care of it. I got a notice today (taped to my front door when I got home from work) that my paycheck is being garnished. … Read more

SwiftRock Financial Services and Clear Your Debt Slammed in Texas Article

Out of Austin, Texas today comes the following warning to consumers. Two Austin debt-settlement firms have been sued by the Illinois attorney general, which alleges that they use deceptive marketing practices, charge excessive fees and do little to help consumers get out of their financial trouble. The Better Business Bureau of Central Texas has given … 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 … Read more

Topaz Financial Services, Swiftrock Financial, & Mesa Rock Financial. Odd & Curious.

I’m not quite sure how this little article first began. What I can tell you is that it didn’t begin with me looking for any of these companies. But in my research I noticed something very odd, three debt settlement companies were advertising themselves as the “leader in debt resolution” but they were all using … Read more