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Meracord, Noteworld, and Fidelity and Deposit Company Hit With Class Action

While the flood of lawsuits against debt settlement companies has slowed considerably yet one more class action has been added against Meracord, Noteworld, and Fidelity and Deposit Company of Maryland. This time in Arizona. The complaint provides a very long description of the alleged actions and conspiracy between the debt settlement escrow company and the …

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Fake Government Marketers Selling Debt Relief and Mortgage Help, Fined Millions

The Federal Trade Commission put an end to three schemes that claimed they would help consumers with their mortgage and debt problems, as part of settlements with defendants who allegedly claimed a bogus affiliation with government assistance programs. Under the settlements, which are part of the agency’s ongoing effort to stop scams that prey on …

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