Debt Settlement – 15 Companies under Investigation in New York

Debt Settlement Companies Investigated

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 has recently issued Subpoenas and launched investigations into 15 Debt Settlement companies. The complaints where initiated mainly because of consumer complaints that Cuomo […] Read more »