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Scam Credit Counseling Groups Become Target Of Florida Legal System

Posted by James Breen at 21 October 2008 16:45

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TALLAHASSEE, FL - Attorney General Bill McCollum nowadays unveiled his company's latest consumer protection initiative in the form of a coordinated enforcement power targeting potentially shady tactics in Florida's debt relief trade. In a statewide initiative, the Attorney General's Economic Crimes Division has taken legal action against five companies and opened correct investigations into the practices of an additional five companies, all of which were purportedly present debt relief.

It is just getting happening:

1897, when 8-year old Virginia O'Hanlon posed her Santa Claus query to the New York Sun, she customary a center-warming editorial retort reassuring her that "He exists as certainly as dearest and generosity and care exist." Today, we hand our 8 year olds a $13 trillion native debt while our Congress hands Wall Street banksters the resident reward lacking so greatly as a earshot to resolve the basis of the debt fail. Worse.

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I have a family limb who I have to keep nameless for the sake of not being thrown out of the family, that is always complaining about debt. Honestly, if she didn't put herself into debt overload she would never have to fear about this stow. However, she's a entranced begin so I've optional she get boundless debt management help from The Debt Guru. Yes, debtguru.com offers debt management navy like consolidation quotes, for free. When you are like my family portion and you just keep receiving.

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A successful repayment plan requires you to make regular, timely payments, and could take 48 months or longer to complete. Ask the credit counseling service for an estimate of the time it will take you to complete the plan. Some credit counseling services charge little or nothing for managing the plan; others charge a monthly fee that could add up to a significant charge over time. Some credit counseling services are funded, in part, by contributions from creditors.


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