… other debts, counselors may recommend a formal solution such as a debt consolidation loan, debt management plan arranged by a third party, Individual Voluntary Arrangement, Administration Order, or Debt Relief Order.
Source: Will An Overdraft Count On My Credit Report If I Do Not Pay It Off?
From How to Get Out of Debt I had a debt with Sears store card and the debt was bought by a third party. This company (debt collector) send me several settlement offers until I accept one for half what I own to them. I started to make payments as promised and by the very last payment they did not take it and weeks after that I got a call and letters from a new debt collector claiming the amount that was left. I send this new collectors a letter rejecting the mentioned debt since I already made payments to another company but now I think I’ve been a victim of a scam or fraud. What can I do now? This is your chance to be a hero and help out this person by providing your feedback and answer to the question in the comments section below. Source:
Excerpt from: My Sears Card Was Purchased by a Debt Collector And Then Sent to Another Debt Collector. – Jo
From How to Get Out of Debt Date You Feel You Were Scammed: November 15, 2011 State You Live in: Florida Race/Ethnicity : White Age Range: 21-35 Total Amount of Fee Paid: Company Name: Freedom Debt Relief Company Address: 1875 S. Grant St. Suite #400 San Mateo, Ca 94402 Company Telephone Number: 800-655-6303 Website of Company: FreedomDebtRelief.com Consumer Statement: I was originally told that my debt was settled and in Nov. when they took $15,000 out and my online status stated completed as well I was excited. This month I checked up again and it was active still and my money was still gone. I now am receiving letters from a third party stating the debt is still owed. My marriage, child, and future is now in serious jepordy. I work many hours to not make ends meet and being certified and licensed in the EMT field Firefighter and EMS jobs are hard to come by. Consumer Action Taken: Emails and phone calls only resulting in lies about the debt being settled. Note: The Myvesta Foundation sent a letter to the company at the address given or found and asked them to publicly respond to this complaint. We also sent and email to Andrew Houser, the president, directing him to this post. If you feel you’ve been financially hurt by a debt relief company and deserve a refund, read these step-by-step instructions on how to proceed to attempt to get your money back . If you do get your money back, come back and leave a comment about it. I’d love to praise companies that step-up and do the right thing for people. Scam reports are submitted by consumers like you. If you would like to file a scam report, please click here . If you are the company named in this report and you want to respond, please read How to Handle a Consumer Complaint Like a Pro And Come Out Smelling Like a Rose Source:
Link: Freedom Debt Relief – Consumer Complaint – 12-14-2011
