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Report: #28881

Complaint Review: Jubilee Financial Services Inc. aka Heritage Financial aka Jabez Financial - Downey California

  • Submitted:
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  • Reported By: Battle Ground wa
  • Author Not Confirmed What's this?
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  • Jubilee Financial Services Inc. aka Heritage Financial aka Jabez Financial 8280 Florence ave, Suite 100 and Suite 200 Downey, California U.S.A.

Jubilee Financial Services aka Heritage Financial aka Jabez Financial FTC is in charge now!! Contact me for a Class Action Suit Downey California

*Author of original report: I'd like to join class action suite

*Consumer Comment: Jubilee Scars

*Consumer Comment: Jubilee had me fooled too!

*Consumer Suggestion: Would like an update on Jubilee

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8/19/02- The FTC asked for a restraining order from the District Court of CA.
(3) Alleged-

1. Misrepresenting client-says they will be able to pay off at 40-50%.

2. Says consumer will not be contacted by creditor.

3. Says credit report will not have a negative status after creditors are paid.(All of those statements are not true.)

8/20/02-District Court granted FTC's restraining order...freezing ALL accounts that Jubilee and Jabez Financial have.

Ken from the FTC gave this advice: Please contact all your creditors and he is very very sorry but don't get your hopes up. There might be a refund but it is very unlikely.

He will be contacting me with a Hot Line phone number to call when they set it up. Or he will post it himself on this rip-off report.

SO HERE IS WHAT I PROPOSE WE DO:
Class action suit. I am in contact with an Attorney now and would appreciate anyone's email address, ie: name and phone number emailed to me if you are interested in this suit. I will forward that to the Attorney who will be handling the case.

Good Luck.
Thanks for reading.
Heidi
JR Rip-off-reporter.

Heidi
Battle Ground, Washington

This report was posted on Ripoff Report on 09/03/2002 03:24 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jubilee-financial-services-inc-aka-heritage-financial-aka-jabez-financial/downey-california-90240-3955/jubilee-financial-services-aka-heritage-financial-aka-jabez-financial-ftc-is-in-charge-now-28881. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
4Consumer
0Employee/Owner

#4 Author of original report

I'd like to join class action suite

AUTHOR: Donna - (U.S.A.)

POSTED: Sunday, September 26, 2004

I lost about $4,000. I would like to join class action suite if there is one. I was suckered like everyone else.
Stupid in NY

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#3 Consumer Comment

Jubilee Scars

AUTHOR: Sheryl - (U.S.A.)

POSTED: Thursday, August 12, 2004

I was a consumer also fooled by Jubilees promises who is presently paying the price for being a bit simple and disregarding the if it seems too good to be true adage. I am presently being sued by the last of my creditors and my once great credit is unlikely to ever recover. In fact, I left Jubilee with higher indebtedness then I began. Is there anyone who knows what recourse the 'ripped off' has? I am a NY resident struggling to recover.

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#2 Consumer Comment

Jubilee had me fooled too!

AUTHOR: Deb Felts - ()

POSTED: Thursday, September 26, 2002

to all those who were violated by Jubilee,

I'm still in shock. what now?

I've been with Jubilee for over 2 years too. I really had trouble understanding the program in the first place, I've never done anything like this before, frankly, I'm very embarassed to even think of contacting the same people I've been redirecting to jubilee.

are there any programs out there that have happy clients? that are reputable? that have the time to do the footwork?

I chose Jubilee in the first place because I don't have what it takes to nogotiate finances.
nor the time to make the necessary calls and certainly no money for a lawyer. no money! is there a listing of success stories?

Please forward a happy ending

thank you

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#1 Consumer Suggestion

Would like an update on Jubilee

AUTHOR: Monica - ()

POSTED: Tuesday, September 03, 2002

Heidi,

Hope to get a hold of you. I am also a client with Jubilee Financial. If the FTC has frozen all the accounts, does that mean that they will be able to not take any money out of my checking account for this month, or any more months? I really need to know this on what is going on. You seem to be the source to get the info which helps alot (explains why I kept getting busy signals for over a week with this stupid company). Let me know on what to do to help with trying to getting a law suit started.

Thanks,

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