Sentences with phrase «called debt settlement company»

Here's the good news: While not every so - called debt settlement company is a scam, they all charge big fees for a service you can very easily do yourself!

Not exact matches

For example, in April 2004, the Federal Trade Commission sued a debt - settlement company called National Consumer Council and its affiliates.

Those proposals speak less to debt settlement companies themselves, in most cases, than they do to so - called «lead generators» — companies that advertise debt settlement, sign - up potential clients and then sell their information to back - end service providers.

Many debt settlement services call creditors to get one low payment instead of many payments to many companies.

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.

These so - called «debt settlement» companies bombard New Yorkers with ads that fraudulently offer false hope, but instead deliver nothing but added fees and long - lasting financial ruin.

One of the consistent annoying commercials is one from the debt settlement company called «Credit Associates».

These laws apply to for - profit debt settlement companies who take inbound or make outbound interstate calls to enroll consumers in a debt settlement program.

«Dear Steve, Debt settlement company in Canada send a power of attorney via fax to a collection agency, and I am still receiving phone calls as they stated that the debt settlement company is not a lawyeDebt settlement company in Canada send a power of attorney via fax to a collection agency, and I am still receiving phone calls as they stated that the debt settlement company is not a lawyedebt settlement company is not a lawyer...

For example, with relation to collection calls, debt settlement companies have little power to counter the tendency for collection agencies to make continual calls.

Why would I pay a settlement company fees, when I can simply call my creditor to settle my debt.

UPDATE to the PREVIOUS Debt Settlement Blog PART I So welcome back, I have to tell you I have never received so many phone calls in regards to a blog than this one AND AFTER SOME OF THESE CALLS NEVER REALIZED JUST HOW SLIMEY THESE COMPANIES -LSBcalls in regards to a blog than this one AND AFTER SOME OF THESE CALLS NEVER REALIZED JUST HOW SLIMEY THESE COMPANIES -LSBCALLS NEVER REALIZED JUST HOW SLIMEY THESE COMPANIES -LSB-...]

If you're not comfortable doing it, call a professional debt settlement company to do it for you.

If creditors start to call and harass you, make sure to keep notes of everything they say to you and direct all communication to your debt settlement company or law firm.

The company I used in place of the settlement company is called Pro Debt Solutions.This company negotiates settlements with the creditors (in my case 50 %), and pays them off entirely.

Previously the somewhat debt settlement, social media, call center, software developing, reputation defending company Morgan Drexen in California sued the CFPB and challenged its constitutionality.

A good debt settlement company will set up a monthly call to check in with you while you're paying off the debt.

Hey I just got a call with a debt settlement company a few days ago, the rep also recommend getting credit life?

Statements like that are similar to those made in my recent undercover shopping calls to debt settlement companies as well.

Some people think that if they pay a debt settlement company to help them, the calls should stop immediately, this is NOT THE CASE.

Isn't it also ironic that both collection agencies and debt settlement companies are essentially called in to «clean up a mess.»

TRANSCRIPT OF UNDERCOVER GAO CALLS TO DEBT SETTLEMENT COMPANIES Telling consumers to stop paying...

And finally, you will be transferred over to the back - end debt settlement company to provide you a compliance call and hopefully WELCOME YOU ABOARD!

Debt settlement companies, in particular, seek to attract consumers by promising to reduce consumers» debts by 50 % or more, stop harassing collection calls from debt collectors, and prevent lawsuDebt settlement companies, in particular, seek to attract consumers by promising to reduce consumers» debts by 50 % or more, stop harassing collection calls from debt collectors, and prevent lawsudebt collectors, and prevent lawsuits.

Section 310 (a)(1)(viii), as amended, will ensure that before consumers sign any contracts with or make any payments to a debt relief company, they will be informed of pertinent material facts including, among other things: (i) how long it will take to settle each debt; (ii) the cost to settle each debt; (iii) that the service will not stop harassing creditor calls or other collection efforts; (iv) that results are not guaranteed, and (v) that the settlement program may adversely impact the consumer's credit rating.

If your creditors continue to call, a debt settlement company leaves you to deal with the mess.

In stark contract to the good debt settlement companies that are members of the AACC, the TASC testimony does not call for their members to provide transparency, the publication of actual performance numbers, or act to protect consumers.

Call it what you like, but I haven't seen the companies that offer debt settlement services ever properly manage, settle, or negotiate all of someone's debts.

Credit settlement company: This debt - resolution entity engages in negotiation with lenders to halt collection calls, significantly reduce their clients» balances, and settle the debt for a lower sum than what is due.

HELPS will educate seniors about debt settlement companies and where debt settlement was entered unnecessarily, will do a joint call to cancel that service and assist in securing a refund paid to the senior.

In my experience and having made numerous undercover calls to debt settlement companies, that qualification process of assessing the consumer financial condition seemingly never happens.

Alex Vilk, the so called national sales manager of Lifeguard Financial Debt Settlement Company is widely known as the Devil's Life Coach — evil, cocky and ready to steal your money.

No debt settlement company can realistically promise to eliminate all collection calls.

On the back of Labour's calls for a review of Formula One's tax affairs after the company banked a settlement with HMRC worth # 180 million last year, tax lawyer Miles Dean, Managing Partner at Milestone International Tax, explains the fragile relationship between the industry, tax and debt.

Professional Experience ABC Debt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Manager and negotiate with creditors to reduce client