Sentences with phrase «against debt settlement firms»
Attorney General Lisa Madigan and Acting Secretary of the Illinois Department of Financial and Professional Regulation (IDFPR) Michael T. McRaith warned consumers facing significant credit card debt about the risks of debt settlement offers as she announced two lawsuits filed against debt settlement firms.
https://getoutofdebt.org/
The Federal Trade Commission has brought numerous enforcement actions against debt settlement firms and has warned consumers to be wary when selecting one.
Not exact matches
On Friday, Attorney General Eric T. Schneiderman announced that his office reached a settlement with Forster & Garbus, one of the largest debt collection firms in New York State, to ensure that it does not file actions against New Yorkers to collect on payday loans.
Beware: Some debt settlement firms will ask for upfront fees before settling any debts, a practice that is against the law.
For exactly the reasons you outline, creditors and agencies have taken an adversarial stance against the industry at large and come to view the involvement of a debt settlement firm as being a hindrance rather than a benefit.
If you read up on the pending lawsuits against Tax Resolution firms like JK Harris, Roni Deutch etcâ $ ¦ they have similar issues of complaints the debt settlement industry had.
If you read up on the pending lawsuits against Tax Resolution firms like JK Harris, Roni Deutch etc... they have similar issues of complaints the debt settlement industry had.