If someone promises that they can eliminate student loan debt, it’s a scam. With Americans owing over $1.48 trillion in student loans, it’s important to know how to avoid student loan scams. Don’t fall victim to student loan forgiveness scams from debt relief companies. Learn what to watch out for and what are your legitimate …
Category Archives: Debt Relief Scams
Debt Relief Scam Artists Sent To Prison By Federal Court
The U.S. Department of Justice issued a news release after a Federal Court sent four scam artists to Federal Prison for various charges related to debt settlement. The scam took place not far from San Diego in Orange County, California. The prosecuted parties portrayed themselves as law firms named Nelson Gamble and Associates and Jackson …
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Are Student Loan Debt Relief Companies A Scam?
I just read an article on thestreet.com about student loan debt relief companies. The article casts doubt on companies that may be preying on desperate individuals seeking relief on their federal student loans. Here’s a link to the article. https://www.thestreet.com/story/13676831/1/student-loan-debt-relief-companies-capitalize-on-borrower-confusion.html Are The Student Loan Debt Relief Companies A Scam? The article discusses that these companies …
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Illegal Student Debt Relief Firms in San Diego, Uber and the CFPB
A few weeks ago, I shared an UberPool ride share back to the airport in San Francisco with a complete stranger. Small talk ensued, which led to the inevitable question, “So, what do you do?” With that, I started my elevator pitch: “I have a unique law practice. I help my clients get out of …
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Legitimizing My Debt Settlement Practice in a Landscape of Debt Relief Deception – Part 1
Debt is everywhere we turn. Student loan debt, credit card debt, medical debt, small business debt. As a debt settlement attorney, I meet people every day who feel overwhelmed and are vulnerable to “debt relief” companies trying to take advantage of their situation. It’s often difficult to weed out who is a legitimate debt relief …