Missouri Attorney General says company falsely promises debt relief

Attorney General Chris Koster has filed suit against a company that advertised to consumers it could get people out of credit-card debt and lower their monthly payments, but did not deliver the services it promised.

Scam artists are having a field day as many Americans drown in debt during the recession, authorities say. Many people, behind on their credit card payments, are signing up with companies that promise to help relieve their debt burden by negotiating for them with their creditors. Those companies tend to advertise heavily.

Some companies in that field have been accused of defrauding clients, but there are warning signs you could look for, reports Michelle Miller.

7th annual Stevie® Awards will be presented on June 22 in New York City Read the full story at http://www.prweb.com/releases/2009/06/prweb2488964.htm

7th annual Stevie® Awards will be presented on June 22 in New York City

May 29 -- Ulish Hopkins, a former bus- dispatcher from Chicago, turned to a debt-settlement company last year after piling up about $30,000 in credit-card bills. Seven months later, he owed close to $40,000.

- Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt.

San Diego, CA, June1st-Preferred Tax Relief's well experienced staff is what makes the difference when it comes to taking care of your tax problems. Since the staff is made up of ex IRS employees it makes a huge difference on how your tax liens are negotiated.

General Motors Corp’s bankruptcy rippled across Asia on Tuesday as the company’s South Korean unit said fresh loans from a state-owned bank were the “highest priority” and former affiliate Suzuki Motor Corp said it may not recover $305 million in outstanding debt.

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“The law is beneficial because it gives relief to those who are indebted. It is a respite,” said the lawyer Celso Botelho de Moraes, a partner of the firm that takes its name. Valdirene Franhani Lopes agrees and complete: “In a moment of crisis that law is important, since that company does not pay federal debt can not participate in bidding and possible executions undertake negotiations with the attachment of property.” Botelho de Moraes adds further that the federal ...

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