Yesterday the Consumer Financial Protection Bureau filed suit against
American Debt Settlement Solutions, Inc. and Michael DiPanni.
Not exact matches
In October 2007, Maryland Attorney General Doug Gansler announced that his office's Consumer Protection Division had reached a
settlement with Richard Brennan, the Law Offices of Richard Brennan, LLC, and a related company called
American Telecommunications
Solutions LLC (collectively referred to as the Brennan Law Firm) in connection with their
debt management and
debt settlement services.
Companies that received subpoenas include: Allegro Law,
American Debt Foundation, Inc.;
American Financial Service; Consumer
Debt Solutions; Credit Answers, LLC;
Debt Remedy
Solutions, LLC;
Debt Settlement America;
Debt Settlement USA; Debtmerica Relief; DMB Financial, LLC; Freedom
Debt Relief; New Era
Debt Solutions; New Horizons
Debt Relief Inc.; Preferred Financial Services, Inc.; and U.S. Financial Management Inc..
Take a look at this summary of a 2017 study by the
American Fair Credit Council (AFCC), which shows how
debt settlement could be a better
solution for people struggling with significant amounts of
debt.
Fortunately for consumers burdened with
debt,
American Consumer Crediting Counseling (ACCC) offers a
debt management program that's a good alternative to a
debt settlement solution.