Close Menu
Southeast Iowa Personal Injury Attorneys
  • Auto Injury?
  • Injured At Work?
  • Debt Relief?

Get Back On The Road To Freedom!

Free No Obligation Consultation

Local: 641-472-3236

Toll Free: 800-875-7148

  • Facebook
  • Twitter

Watch Out for Debt Relief Scams!

DebtRelief

In the United States there are a variety of debt relief options available for individuals who find themselves with unmanageable debt. Some organizations offer debt relief solutions that are completely legitimate, however, it is important to be aware that there are also tons of unscrupulous people out there who peddle debt relief scams! In fact, just last month the Federal Trade Commission (with the help of Iowa’s Office of the Attorney General) halted a massive phony debt relief operation run by scammers in Florida who illegally recovered millions from consumers, reports the Palm Beach Post. Allegedly the operation functioned via a slew of companies, each aimed at convincing consumers with unmanageable debt to pay hundreds or even thousands of dollars per month by falsely promising to reduce or settle their debts in exchange. Over time, many victims of the scam discovered that they had not been afforded the debt relief promised and that instead their debts had fallen into default. Unfortunately, this type of debt relief scam is all too common. Protect yourself and your loved ones by keeping an eye out for signs commonly associated with debt relief scams.

Signs of a Debt Relief Scam 

While debt relief scams come in a variety of shapes and sizes, the Federal Trade Commission warns consumers in search of debt relief that a debt relief offer is likely a scam if they:

  • Ask you to make an upfront payment, or
  • Guarantee that if you work with them your creditors will forgive your debts.

Additionally, National Debt Relief warns consumers of debt relief organizations that make promises that sound too good to be true. For example, if someone promises that they can help you get out of debt today or guarantees that they can help you live debt-free without changing your lifestyle then they may be trying to scam you. Feel free to question any promises that a debt relief agent makes. If something seems fishy ask for clarification, ask for a money back guarantee if they fail to deliver, ask for a specific date on which their promises will be fulfilled, etc. The point is this; ask until you are satisfied. A reputable debt relief company will treat you as a valued client and will certainly take the time to answer all of your questions.

How to Report a Debt Relief Scam 

If you do fall victim to a debt relief scam, or are propositioned by an organization that you suspect is offering fraudulent debt relief services, be sure to file a report with the Federal Trade Commission. If you suspect that a debt relief scam in underway you can file a complaint online via the FTC Complaint Assistant, or by calling the Federal Trade Commission at (202) 326-2222.

Contact an Experienced Debt Relief Attorney Today 

Do you live in Iowa and have unmanageable debt? If so, the Noyes Law Office P.C. would be happy to help you get your finances back on track. Begin the process by meeting with one of our experienced debt relief attorneys during a free no obligation consultation. It would be our pleasure to evaluate your financial situation and discuss the various debt relief options that are available to you. Contact our Fairfield office today by calling (641) 472-3236.

Resources:

protectingyourpocket.blog.palmbeachpost.com/2017/05/23/south-florida-scammers-bilked-millions-from-consumers-ftc-says/

ftccomplaintassistant.gov/GettingStarted#crnt

consumer.ftc.gov/blog/signs-debt-relief-scam

nationaldebtrelief.com/spot-debt-relief-scam/

Share This Page:
  • $1

    Million

    Wrongful death. A 35 year old married mother of two killed.

  • $650

    Thousand

    Settlement for spouse of deceased worker.

  • $575

    Thousand

    Confidential Premises Liability Settlement.

  • $500

    Thousand

    Auto accident with resulting post-concussive head complications.


  • $350

    Thousand

    Injury from work with complications after surgery.

  • $300

    Thousand

    88 year old man rear ended.


  • $190

    Thousand

    Workers Compensation Settlememt. Bilateral carpal tunnel injury.

  • $190

    Thousand

    Read-End Accident with Tinitus Diagnosis.

  • $185

    Thousand

    Injured back.


  • $180

    Thousand

    Workers Compensation and PI Settlement. Slip and Fall with a broken arm and torn rotator cuff

  • $175

    Thousand

    Slip and Fall. Broken leg of a 67 year old.


  • $160

    Thousand

    Slip and Fall. Broken hip of 83 year old woman.


  • $155

    Thousand

    Non-displaced fractured hip.


  • $100

    Thousand

    Aggravation of degeneration disk disease.


  • $97

    Thousand

    Bilateral carpal tunnel.


  • $85

    Thousand

    32 year old man hit while on moped. Contusion resulting in chronic regional pain syndrome.


  • $80

    Thousand

    Fractured wrist and sprained back.


  • $75

    Thousand

    Car vs. Pedestrian. Policy limits for sprained knee.


Contact Form Tab