If someone doesn’t want you to get a 2nd opinion, You Better Get One

Debt Settlement Sales People are so predictable

I was listening to the Ric Edelman podcast this evening and a caller came on the line and mentioned he had met with a financial planner and was told that he should use annuities and life insurance products as a vehicle to sort of shelter some money in a way that would be more favorable for his son to qualify for financial aid when he went to college.  In a much more artful way than I would have said it, […] Read more »

Time to Boycott all TASC and USOBA Members – The Emperor Has No Clothes

TASC and USOBA do Great Work

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 do the same. When the swindlers report that the suit is finished, they dress […] Read more »

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 »