Legal Helpers Debt Resolution Review – Secret Business Plan Exposed
Legal Helpers Debt Resolution Review After listening to and reading about countless stories from unhappy former clients of Legal Helpers Debt Resolution, reviewing their contract myself, and observing the process they put their clients through, I have formed a personal opinion about the business model of Legal Helpers Debt Resolution and in past articles I have not been shy about my...
Read MoreCredit Collections Defense Network Gets Spanked by West Virginia AG’s Office
Credit Collections Defense Network Recently, West Virginia Attorney General Darrell McGraw, won a victory for consumers against Credit Collections Defense Network (CCDN). The judgment was granted against CCDN, Robert Lock Jr. and Phillip Manger and bars them from doing business in the state. In addition to the permanent injunction, the court also imposed a $130,000 civil penalty against each...
Read MoreLegal Helpers Debt Resolution Sued in 30 Page Complaint Filed by Illinois AG
Legal Helpers It is nice to see regulators on several fronts stepping up the pressure on Legal Helpers and taking action against programs that I have been warning consumers about for quite a long time. Click the video player to listen to the news story and hear some of the allegations of the Illinois Attorney General. Among other things, it is alleged that… 1. Legal Helpers...
Read MoreExpress Debt takes 17,000-settles nothing -refuses refund and threatens to sue client
Express Debt Settlement Review You find yourself struggling to pay over $100,000 in credit card debt. Desperate and confused you turn to Express Debt Settlement (EDS) under the promise that they will cut your debt in half and lower your monthly payments. With comforting and reassuring words, they tell you how they will employ the Law Office of Simon & Bocksch to negotiate with your creditors...
Read MoreFreedom Debt Relief Reviews. Did they Mislead the FTC?
Freedom Debt Relief Reviews On Friday October 22, 2010, Freedom Debt Relief (FDR) issued a press release touting their new “Fresh Start” program that they will be rolling out on October 27, 2010 in conjunction with the new FTC rule barring debt settlement companies from charging the thousands of dollars upfront that Freedom and most other debt settlement companies had been doing up...
Read MoreCredit Answers canned by TASC-Runs to USOBA-We Need some Stinking Badges!
Credibility – The quality of being believed or trusted. How does a debt settlement company acheive credibility among consumers? It seems to me that there are two ways. Option number 1 is to be honest, provide a great service for a fair fee, put the needs of your client above the needs of your own and over time you will naturally build credibility as the number of satisfied clients grow...
Read MoreTime to Boycott all TASC and USOBA Members – The Emperor Has No Clothes
An Emperor who cares for nothing but his wardrobe (Debt Settlement Companies) hires two weavers (TASC and USOBA) who promise him the finest suit of clothes from a fabric invisible to anyone who is unfit for his position or “just hopelessly stupid”. The Emperor cannot see the cloth himself, but pretends that he can for fear of appearing unfit for his position or stupid; his ministers...
Read MoreDebt Settlement Business for Sale – Are you Feeling Lucky?
I just ran across a story about a 13 year old debt settlement business for sale in TX. I wonder if it is possibly connected to the new FTC law going into effect on October 27 of this year that is going to prevent these guys from charging all of their fees upfront? Funny the for sale ad doesn’t mention anything about that. I really hope some uninformed young entrepreneur does his...
Read MoreCredit Solutions of America Sued in Vermont, Sensing a Pattern?
The news just can’t seem to get better for Credit Solutions of America. It seems like every time I turn around they are getting sued by another state. This time it is the Vermont Attorney General, William H. Sorrell, filing suit against Credit Solutions. Perhaps he didn’t get the TASC and USOBA memo that high upfront fee debt settlement companies are somehow good for consumers. Or...
Read MoreWill Credit Solutions send a Cease and Desist letter to the Today Show as well?
A few months ago I received a Cease and Desist letter from Credit Solutions of America for what they claimed were false and misleading statements I had written about them on my website. You can see their letter and my response to it here. Credit Solutions of America sends me a Cease and Desist Letter Today I saw a very damaging piece of investigative reporting done by the Today Show regarding...
Read MoreExcuse Me – I’m Calling Bullshit
After months of debate, mostly with myself, I have decided to start a new series on my blog entitled “Excuse me, I’m calling Bullshit!” Professional? Not really. Effective? I really hope so. Every day I sit at my desk and read mountains of articles, press releases, ads, websites, all designed to target cash strapped, emotionally drained consumers just looking for honest help...
Read MoreTASC Throws USOBA on the Sword, Runs to Next Industry to Plunder
For the past few weeks I have really been scratching my head and trying to figure out just what the heck is going on over at TASC and USOBA. It seems as if they are the only ones that didn’t get the memo that the days of the rip off, “front loaded fee” debt settlement company are over. On one hand you have USOBA running around telling any legislator that will pretend...
Read MoreDebt Settlement Consumer Protection Act – So Much Protection it Actually Hurts
I recently read the Debt Settlement Consumer Protection Act of 2010 and I have some major concerns about how this bill will effect consumers in a negative way. Much of the opposition to this bill is coming out of very low credibility organizations like TASC, USOBA, and rip off settlement companies concerned that they will be shortly run out of town. I certainly see a lot of finger...
Read MoreMass Exodus in Debt Settlement Industry, Take Heed or BE TRAMPLED
If you only have the time to read one of my articles pertaining to debt settlement, then you must read this one if you are considering hiring a debt settlement company. I believe that we are about to witness a mass exodus of debt settlement companies closing their doors and leaving their existing clients in very bad financial shape. I have been warning consumers for years that these companies...
Read MoreCredit Solutions of America sends me a Cease and Desist Letter
Credit Solutions of America I recently received an email from Credit Solutions of America which contained a Cease and Desist letter. I was actually surprised because I had never even done an actual review of Credit Solutions. However, they obviously felt that I was doing something that they didn’t like and wanted me to stop. The following is a copy of the Cease and Desist letter along...
Read MoreSave Money on Settlement
Honest Programs I Trust
Debt Settlement
Credit Counseling
Share my page with friends
Debt Settlement Video
Protect Fellow Consumers
