- Report: #179784
Report - Rebuttal - Arbitrate
Complaint Review: Clear Debt Results, Or CDR
Clear Debt Results, Or CDR251 O'Connor Ridge Blvd. Suite 270 Irving, Texas U.S.A.
Clear Debt Results, Or CDR Ripoff; ruined credit rating; takes fee - does nothing Irving Texas
*Consumer Suggestion: Not forgetting why you hired a Debt Settlement Co.
*Consumer Suggestion: IMPORTANT inside industry information!!!
I signed the contract and was switched between 3 or 4 acct. supervisors within 6 months. CDR took their "fee" - presumably for contacting companies to negotiate a settlement; and did nothing more than send 3 or 4 letters telling the companies to ONLY contact CDR.
CDR advised me to never answer any arbitration notices, legal filings (in other words, lawsuits) and to leave everything "up to them."
When a constable appeared at my front door, I contacted an attorney, which I should've done in the first place. CDR has over $8000 of my money (paid monthly for their "services") and advised me to not have any contact w/ any creditors AND to stop paying anything to the creditors. It ruined my credit rating and will end up costing a lot more in legal fees since we are now suing CDR for its negligent and deceptive trade practices.
Don't give any credibility to ANY business like this. We suspect CDR (home state is California) is one of many businesses owned by a man who seeks to defraud others. Do not sign a power of attorney for an org. like this, do not pay them. Contact an attorney licensed in your state who is experienced in Consumer Protection and Consumer Law.
This report was posted on Ripoff Report on 03/07/2006 11:41 AM and is a permanent record located here: http://www.ripoffreport.com/r/Clear-Debt-Results-Or-CDR/Irving-Texas-75038/Clear-Debt-Results-Or-CDR-Ripoff-ruined-credit-rating-takes-fee-does-nothing-Irving-T-179784. 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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