• Report: #959230

Complaint Review: Debt Source Solutions

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  • Submitted: Wed, October 24, 2012
  • Updated: Fri, November 02, 2012

  • Reported By: Bill — Roswell Georgia USA
Debt Source Solutions
445 Park Avenue New York, NY 10022,USA. Internet United States of America

Debt Source Solutions Chris Chapman, Greg Gordon, 1st United Consultants Stole money by saying they would modify mort. if we paid (4) months to Meracord Internet

*General Comment: Also A Victim of 1st United Consultants

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In April of 2012 we were contacted by Debt Solutions, Chris Chapman.  We were told that we would be able to have our mortgage modified by his company.  We were behind on payments and we looked at their website and filled out all the pertinent information and the whirl wind began.  

We were to allow Meracord to deduct from our checking accounts monthly payments for four consecutive months and they would in the mean time speak to our mortgage company and any other creditors.  They said not to notify our mortgage company as they would do so and they continued to stay in contact with us via email and phone for the four months and after the last months payment we began to call them and they stated that all the paper work was in process and we would have finalization in 7-10 days.  Seven to ten days go by with no news or paperwork.  

We have continued to call, email fax nothing, nothing at all from them and the address is an office in New York, NY on Park Avenue without a suite number. Go figure !!!

We have been taken for over 4000.00 dollars and would love to pin all these people to the wall and make them pay hand over foot for the grief, frustration and financial burden  they have caused us and as I can see now, many more people.   

DO NOT TRUST or be TAKEN by this Company which is NOT!!!! a Company They are thieves!!!

This report was posted on Ripoff Report on 10/24/2012 07:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/Debt-Source-Solutions/internet/Debt-Source-Solutions-Chris-Chapman-Greg-Gordon-1st-United-Consultants-Stole-money-by-sa-959230. 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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#1 General Comment

Also A Victim of 1st United Consultants

AUTHOR: RBPURN - (United States of America)

As a victim also,  with John Khoury as the file manager for my case at 1st United Consultants, for the last 6mos just found out that Meracord was not directed to pass payments on to mortgage company as I was told.  I confirmed with the mortgage company (AHSMI) today 11/2/12 (who also changed their name (Homeward Residential) and had practiced predatory lending as I am a senior whose $2k note increased to almost $4K within 2yrs) had indicated that the loan was never in the modification process.  So two fraudulent things; A. 1st United Consultants use of Meracord to collect the 6mos of payments to be forwarded to AHSMI, the mortgager (now known as Homeward Residential) did not happen as Mr. John Khoury of 1st United Consultants stated; and B.  Homeward Residential has no records of ever going into loan modification process when there are mounds of paperwork and fax transmittals back and forth between their client and AHSMI within the last two years after the mortgage note escalated to almost double the original note value.  What should we do to fight back and get the money back?  The Federal Trade Commission (http://ftc.gov/os/caselist/1223069/121025expensemgmtpi-benhaimmichaels.pdf) as of Oct 25, 2012 has directed 1st United Consultants (among other companies) to suspend their business operations and the key contact phone number for the company rings busy.
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