• Report: #1025896
Complaint Review:

versatile debt management

  • Submitted: Fri, March 08, 2013
  • Updated: Fri, March 08, 2013

  • Reported By: ripped off in tc — Traverse City Michigan United States of America
versatile debt management
801 s garfield #310 traverse city, Michigan United States of America

versatile debt management Craig Gibson drained my account and did not payoff debts traverse city, Michigan

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It all started when I was referred to versatile debt management by my mortgage company to settle my credit card debt. My wife and I had about $10 k from when I was going to school while having 2 young kids at home. I worked out an agreement with versatile debt management where I would deposit $200/month for 3 years into an account with global client solutions. During that time my debts were supposed to be negotiated and paid off.

I invested over $7k into this program almost 4 years ago now. They did not negotiate my debts, I still get calls and letters daily. I tried to access "my" account to pay these bills myself but when I asked for the balance there was $4.61 left. It was supposed to work where the first few months were to pay fees for the program and after a certain point there would be no fees and money would accumilate to pay off debts.

I requested my bank statement only to find out that as soon as I was done paying in there were "customer fees" of $160 every week until it was completly drained. I emailed this guy about 100x before I finally tracked him down in Colombia. I have told him numerous times I want a refund for the money he stole from me. He has never denied it when I say he stole my money.

This report was posted on Ripoff Report on 03/08/2013 10:02 PM and is a permanent record located here: http://www.ripoffreport.com/reports/versatile-debt-management/traverse-city-michigan-49686/versatile-debt-management-craig-gibson-drained-my-account-and-did-not-payoff-debts-travers-1025896. 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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