- Report: #264176
Report - Rebuttal - Arbitrate
Complaint Review: Basurto & Associates - BP Financial Group
Basurto & Associates - BP Financial Group23232 Peralta Drive Suite 112 Laguna Hills, California U.S.A.
Basurto & Associates - BP Financial Group Debt Negotiation & Mediation Firm ripoff Laguna Hills California
*Consumer Comment: Greed
*UPDATE Employee: EX Employee Report Untrue!
*UPDATE EX-employee responds: Ex Employee with the inside scoop
*UPDATE Employee: Our Company is very REPUTABLE! 10 years and 1000's of happy clients!
*UPDATE Employee: DO NOT BELIEVE THIS STORY-OUR SIDE
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That should have been my first clue. In the contract were commision fees of 18%, fees for lawyers to defend lawsuits. None of this information was disclosed to us prior to receiving the contract . Creditors continued to call, telling us they had not been contacted by BPFG. 2 law suits were filed aginst us. (Steve advised us to do nothing about them) We stopped answering our phone. The time period of the contract was 36 months.
We terminated the contract in April 07 after we found out that any resolution of debt would be considered income and we would have to pay taxes on it. This fact was also not revealed to us by BPFG. We asked them to refund $3589.00. Section 3a in the contract stated the client may cancel at anytime & for any reason and will receive all paid retainers to Firm. Retainer will be issued LESS billing for prof. time spent. The time spent was approx. 6 months = 711.00 $4300 -$711 = $3589.
BPFG did not render ANY service to us. We contacted the BBB and Department of Corporations of California.
Do not get involved with this company. We learned the hard way.
Cape Coral, Florida
This report was posted on Ripoff Report on 07/30/2007 02:03 PM and is a permanent record located here: http://www.ripoffreport.com/r/Basurto-Associates-BP-Financial-Group/Laguna-Hills-California-92653/Basurto-Associates-BP-Financial-Group-Debt-Negotiation-Mediation-Firm-ripoff-Laguna-264176. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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