Honest Credit Card Debt Advice: Debt Resolution Help: Settlement: Counseling: Bankruptcy » Debt Settlement

How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off

Damon — Fri, 16 Dec 2011 18:35:31 +0000

Here is a guide to help try to avoid being cheated or scammed by a business or company and check out or evaluate a company for free before you decide to pay them money for services. Over the years a common theme has emerged where people feel they are scammed by a company or taken [...]

How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off is a post from: Credit Card Debt Settlement

Debt Settlement Pros and Cons

Damon — Tue, 02 Aug 2011 10:29:09 +0000

Debt Settlement Pros and Cons. This article may be a bit satirical and exaggerated, but any consumer that has found themselves in the unfortunate situation to have to get some straight answers about the different debt relief options available can certainly appreciate how this article closely mimics reality. Ask a Credit Counselor and a Debt [...]

Debt Settlement Pros and Cons is a post from: Credit Card Debt Settlement

Taxes on Debt Settlement

Damon — Sun, 26 Jun 2011 20:05:43 +0000

Why must I pay Taxes on Debt Settlement? The concept, although quite simple, can actually be very confusing for consumers, especially because of false information offered by some debt relief sales people. The bottom line: Unless exempted by the insolvency rules or another exemption, you will owe taxes on debt that has been forgiven by [...]

Taxes on Debt Settlement is a post from: Credit Card Debt Settlement

Legal Helpers Debt Resolution Review – Secret Business Plan Exposed

Damon — Fri, 13 May 2011 08:42:52 +0000

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 [...]

Legal Helpers Debt Resolution Review – Secret Business Plan Exposed is a post from: Credit Card Debt Settlement

Credit Collections Defense Network Gets Spanked by West Virginia AG’s Office

Damon — Wed, 23 Mar 2011 18:43:30 +0000

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 [...]

Credit Collections Defense Network Gets Spanked by West Virginia AG’s Office is a post from: Credit Card Debt Settlement

Legal Helpers Debt Resolution Sued in 30 Page Complaint Filed by Illinois AG

Damon — Wed, 23 Mar 2011 05:32:50 +0000

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 [...]

Legal Helpers Debt Resolution Sued in 30 Page Complaint Filed by Illinois AG is a post from: Credit Card Debt Settlement

Preferred Financial Services Makes Dumb Move by Publishing Dumb List

Damon — Thu, 10 Mar 2011 10:05:51 +0000

Preferred Financial Services “The 5 dumbest things you can do if you have too much debt,” says the headline. Naturally, I want to know what someone thinks the 5 dumbest things are, so I click. Here is what I see… 1. Paying only the minimum payment on your debt, as this will result in the [...]

Preferred Financial Services Makes Dumb Move by Publishing Dumb List is a post from: Credit Card Debt Settlement

Dave makes Thousands Screwing Consumers, way to go Dave!

Damon — Thu, 03 Feb 2011 19:08:12 +0000

When you call most 800 numbers looking for help with your debt, you will usually be talking to someone like Dave. Here is a guy that laughs all the way to the bank for pocketing $7680 for throwing some unlucky consumer into a B.S. Front loaded fee debt settlement program that is a horrible financial [...]

Dave makes Thousands Screwing Consumers, way to go Dave! is a post from: Credit Card Debt Settlement

Consumers in Debt are easier to Scam!

Damon — Thu, 03 Feb 2011 10:50:48 +0000

It has now become almost a daily occurrence for me to help a consumer fix the mess that a debt settlement company has dropped them into. The universal reaction from my clients after I explain how debt settlement really works and why the program they have been sold never even had a shot at working, [...]

Consumers in Debt are easier to Scam! is a post from: Credit Card Debt Settlement

New Era Debt Solutions – A second look in this new era of debt settlement

Damon — Tue, 25 Jan 2011 04:50:34 +0000

New Era Debt Solutions Review About a year ago I wrote a review article about New Era Debt Solutions. At the time of the review, there seemed to be some confusion in the marketplace about the fee structure of their debt settlement service. Dan Smith, the President of New Era, disagreed with several of the [...]

New Era Debt Solutions – A second look in this new era of debt settlement is a post from: Credit Card Debt Settlement