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Keyword Search Results

Debt Settlement

1. Press: Consumers need relief from debt settlement rip-offs
   With unemployment high and many families struggling with their finances, debt settlement firms are aggressively advertising on the radio, television, and the Internet that they can help by “eliminating your…
2. Press: Debt relief peddlers put consumers in bigger hole
   For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity. So lucrative, that an industry trade association, the United States Organizations for Bankruptcy Alternatives, recently convened…
3. Press: FTC rules take aim at debt-relief industry
   The Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they…
4. Press: Thinking of debt settlement? New FTC rule can help
   Like commercials for weight-loss pills and devices that are supposed to stop your dog from barking, ads for debt-relief companies are a mainstay of late-night TV. Many of these companies claim they can reduce your…
5. Press: How FTC debt settlement rules protect you
   The advertisements for debt settlement are nearly irresistible to the overextended. They make the process sound almost painless; some even promise that government programs will stomp down debts. Sounds great, except in reality debt settlement…
6. Press: New rules take aim at shady debt-settlement practices
   Got debt?  Well, if you do, the federal government has made it more difficult for unscrupulous or sham debt-settlement companies to make false claims that much of your debt can be easily erased.  Debt-settlement or…
7. Press: Lawyer loopholes can strangle consumers
   There’s a lot of money to be made ripping off people who don’t have very much. Just look at all the stories about victims of debt-settlement schemes. In Minnesota, laws are on the books that…