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Report: #571323

Complaint Review: Debtsettleinc.com - san juan capistrano California

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  • Reported By: Thefacts — Irvine California United States of America
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  • Debtsettleinc.com san juan capistrano, California United States of America

Debtsettleinc.com - Debt settle inc BEWARE OF THIS TEAM OF RIP OFF ARTISTS san juan capistrano, California

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This company is owned by the infamous Greg Feldman and his team of rip off artists. Debt settlement is being looked into by the governmental agencies because it is very expensive and damaging for the client. The process DESTROYS your credit, COSTS thousands of dollars and in the end you pay 80%-90% of what you owe. They make it look good on paper then you get hit with reality when the tax man comes and tells you that now you are taxed on the minimal amount of debt you settled. The monthly fees ad up to 3-4 thousand additional. Additionally, they use unethical sales tactics and con you that the creditors will stop calling you - THEY DON'T!!! They actually step up their efforts and charge off your debt causing you to have to pay off the charged off amount and other late fees.

 

 I am sure there are legitimate companies out there but this company is run by serial con man Greg Feldman of the feldman law center- notorious for his loan mod scam. Taking MILLIONS from consumers and providing little help to the client. This company is also under investigation. I am sure you have heard him on KFI radio - "we're not nice people!" He has that right.

Chose another company to work with.

This report was posted on Ripoff Report on 02/18/2010 10:44 AM and is a permanent record located here: https://www.ripoffreport.com/reports/debtsettleinccom/san-juan-capistrano-california-92694/debtsettleinccom-debt-settle-inc-beware-of-this-team-of-rip-off-artists-san-juan-capist-571323. 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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