President of New Era Debt Solutions Attacks Me, It’s Just Par for the Course
UPDATE – 1/26/2011 – This article was written almost a year ago. Since that time New Era Debt Solutions, along with the entire Debt settlement industry has gone through many changes. Please read the update article to get the most current information on New Era Debt Solutions. Also note that Dan Smith, Alex Viecco and myself have talked and discovered that we initially both made some...
Read MoreDebt Settlement Company Attacks Me for Exposing Their Deception
I feel so honored that I have my first official “we hate you review” from a debt settlement company. It is no secret that I am disliked by debt settlement programs that are out there ripping off and deceiving consumers for profit. When they resort to attacking me personally I know I am really striking a nerve and they are feeling very threatened. Since they cannot attack my factual...
Read MoreNew Era Debt Solutions Review
UPDATE – 1/26/2011 – This review was written almost a year ago. Since that time New Era Debt Solutions, along with the entire Debt settlement industry has gone through many changes. Please read the update article to get the most current information on New Era Debt Solutions. Be sure to read the updated review because at the end of it I give you a link to receive a generous...
Read MoreDebt Relief USA files Bankruptcy – Clients get Burned
Unfortunately this is going to be an all too common headline in the coming months. With Debt Settlement companies ripping off consumers at an alarming rate, the FTC and state regulatory bodies are taking notice and stepping up enforcement. Debt Relief USA recently filed for bankruptcy citing several investigations by state attorney generals and federal authorities as the reason for closing...
Read MoreDebt Settlement USA – A Not So Glowing Review
Debt Settlement USA I was recently on a consultation with a consumer and she asked me to review a contract that she received from Debt Settlement USA. She had enrolled into their program a few months ago and now she was starting to get the feeling that they were much more interested in collecting their fees from her than they were in helping her settle her debts. After 5 months in their...
Read MoreDebt Settlement – FTC could put 84% of Companies out of Business!
Currently the FTC is considering a proposal to Ban the large upfront fees that most debt settlement companies charge. USOBA – The United States Organization for Bankruptcy Alternatives, recently submitted testimony to the FTC that such a ban could put up to 84% of their member debt settlement companies out of business. USOBA is a trade association for the Debt Negotiation Industry....
Read MoreDebt Settlement – 15 Companies under Investigation in New York
More and more states are cracking down on unscrupulous Debt Settlement firms that charge consumers hefty fees before performing a service. Calling debt settlement “a rogue industry” that gives strapped consumers false hopes while socking them with high fees, New York State’s attorney general, Andrew Cuomo, has announced an investigation involving numerous companies in the field. Cuomo...
Read MoreCredit Solutions of America – Sued by Florida Attorney General
Credit Solutions of America is another of a long line of Debt Settlement companies currently in hot water with State Attorney Generals throughout the Country for unfair and deceptive business practices. As is almost always the case, the unfair and deceptive practice stems form the structure and the amount of fees charged to consumers upfront. In the case of Credit Solutions of America, after 17...
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