A Very Sad Damian Kutzner of Brookstone Law Group is Off to Club Fed

At one time Damian Kutzner was living the debt relief high life. He had participated or even concocted the mass joinder mortgage elimination scheme at the height of the real estate meltdown. A large number of good people believed the sales hype. The end result was a couple of attorneys who are suspended, a couple … Read more

Howard Law / Morgan Drexen Debt Settlement Extended Battle Not Ending Anytime Soon

For those who were not victims of the debt settlement attorney network known as Morgan Drexen, you may not recognize the name. No worries. The Consumer Financial Protection Bureau (CFPB) alleged Howard Law, P.C.; Williamson & Howard, LLP; the Williamson Firm, LLC; Vincent Howard; and Lawrence Williamson took over the operation and continue the alleged … Read more

CFPB Sues Debt Relief Attorneys for Collecting Illegal Fees from Struggling Consumers

The Consumer Financial Protection Bureau today took action against a ring of law firms and attorneys who collaborated to charge illegal fees to consumers seeking debt relief. In a complaint filed in federal court, the CFPB alleges that Howard Law, P.C., the Williamson Law Firm, LLC, and Williamson & Howard, LLP, as well as attorneys … Read more

CFPB Wins Final Judgment Against Morgan Drexen for Illegal Debt-Relief Scheme

At the request of the Consumer Financial Protection Bureau, a federal district court entered a final judgment this week against debt relief company Morgan Drexen, Inc., resolving a lawsuit filed by the CFPB in August 2013. The Bureau’s lawsuit against Morgan Drexen alleged that the company charged illegal upfront fees and deceived consumers. The court … Read more

Howard Law – Free Debt Report Commercial and Morgan Drexen Update

A reader wanted me to see the following commercial that is airing on television. I can see it aired at least five days ago on BET. The commercial goes to a website, freedebtreport.com that presents Vincent Howard as one of the nation’s top lawyers. – Source The tip about the commercial gave me a reason … Read more

Morgan Drexen Take Over Attorneys Held in Contempt by Court

What began in 2013 as an issue between the Consumer Financial Protection Bureau (CFPB) and the debt settlement company Morgan Drexen has now turned into a widening action that has resulted in several attorneys being found to be in contempt of court and facing a $10,000 per day fine if they don’t return client money. … Read more

Walter Ledda, Working as Temp in Poland, Caught By Surprise in Morgan Drexen Case

New public documents filed in the Morgan Drexen case paint a picture of Walter Ledda caught by surprise by the turn of events. These excerpts are from the documents shown with the source link. You can click on those documents to read the full original filing. In the first document, Ledda represents the recent CFPB … Read more

Morgan Drexen Bankruptcy Update for August 25, 2015

As part of the public record, the bankruptcy trustee in the Morgan Drexen bankruptcy has just posted a very interesting update. The document was filed on August 24, 2015 and here is what it says. The Trustee states the Morgan Drexen business has been wound up and 15,000 letters were sent to “Affected Customers” notifying … Read more

Morgan Drexen Bankruptcy Surprise Deposition

It’s not often that a deposition is made available regarding Morgan Drexen, the now defunct debt settlement company. Since I’m sitting down to read the entire 121 page document I thought if I came across anything I found interesting for no particular reason, I’d just share it with you. All the material below comes from … Read more

CFPB Says if Morgan Drexen Owes You Money You Are Potentially SOL

The Consumer Financial Protection Bureau has finally taken down the old Morgan Drexen website and put up a message of their own. See MorganDrexen.com for the latest version of the CFPB informational message. But yesterday on the CFPB website they put up advice and information for consumers who were harmed in the Morgan Drexen / … Read more

Debt settlement company Morgan Drexen is no longer in business: What you should know

Jul 20 2015 By CFPB Web Team Morgan Drexen has gone out of business. If you are a Morgan Drexen customer, you must take action on your debts. You can also request a refund of any money that is currently in your settlement account. In 2013, we sued debt settlement company Morgan Drexen for collecting … Read more

Kesher Law Group is Offered Up by Reader

In response to a previous article about the demise of Morgan Drexen a reader said I should take a look at Kesher Law Group. Kesher Law Group According to the State of California, Kesher Law Group, P.C. was formed on April 3, 2015 and is located at 675 Anton Boulevard, 2nd Floor, Costa Mesa, CA … Read more

Door Slams Hard on Morgan Drexen Debt Settlement Company

Surely a bunch of people at Morgan Drexen are blaming the U.S. Government and Consumer Financial Protection Bureau (CFPB) today for the utter demise of Walter Ledda’s creation, Morgan Drexen, on Friday. An insider told me over the weekend, “Just letting you know the court ordered Morgan Drexen’s trustee to seize operations immediately. Morgan Drexen … Read more

OMG, Morgan Drexen Loses Yet Again

Poor Morgan Drexen has been getting the shit kicked out of them lately. Just today another blow was delivered by the Colorado Supreme Court who found their attorney model flavor of debt settlement did not give them a free pass to avoid the advance fee laws under an attorney exemption. “The supreme court holds that … Read more

Walter Ledda – The Most Innocent Man in the World

The Consumer Financial Protection Bureau (CFPB) and Morgan Drexen / Walter Ledda have been duking it out for years. That is until the won a default judgment in their suite against Morgan Drexen. You can see all the latest permutations on this legal battle by clicking here. Recent court documents filed are very interesting to … Read more