Got the call at 9:10pm EST, which is illegal for any solicitation, telemarketing, or bill collecting agencies to call after 9pm. I didn't answer because I screen calls. they left no VM so i decided to call it back and got some rude woman on the line. she said if I didn't know who called me and they didn't leave me a VM then i shouldnt have wasted her time by calling her. She announced the company as "Debt IRS" to the best I could make out.
I had contacted them online to get info on debt relief and got a phone call back. I talked to the guy for awhile and said I'd think about it. I did my homework to find their BBB credit score was an F. So no thank you. I emailed the guy I had talked to, he seems decent, but I keep getting phone calls from a ton of other people from that business.
The name of the business is FDRS-federal debt relief system
I want to make this clear for anyone considering joining FDRS or any other scam company that offers debt termination services. It is a scam.
The scam is based on the bogus "no money lent" argument, where the claim is made that credit card banks cannot loan money legally. Through strange leaps of logic, the scammers claim that credit card banks are actually operating illegally, and so you never really borrowed any money when you used your credit cards! Therefore, you don't really need to pay anything back. You just have to follow their system and the debts will go away because the banks don't want this knowledge disclosed to the public!
I realize this may sound ridiculous at first glance, but the con artists are very convincing, California State Attorney Generaland there are dozens of websites promoting this dangerous scam. They refer to publications by the Federal Reserve Board, the Uniform Commercial Code, the Truth in Lending Act, and other public laws to bolster their claims and give an aura of legitimacy to their "program." I've talked with numerous consumers who have been conned out of $2,500, $5,000, even up to $15,000 because they believed the hype that these snake-oil salesmen were peddling. If you're $30,000, $50,000, or $100,000 deep in credit card debt, it can be very tempting to believe in a magic pill. What if you could pay someone 15% of the debt and make the rest of the debt disappear?
As tempting as the promoters make it sound, the debt elimination techniques they are using simply do not work. About the only thing they accomplish is getting you sued by your creditors. As you might expect, creditors hate this scam, and they come down hard on people trying to use this bogus "no money lent" system. You don't need to take my word for this. Check out the complaints on ripoffreport.com about Liberty Resources, a debt elimination scam that was shut down in Ohio. Or do some research on New Leaf Associates out of Florida, a scam that was shut down by the Florida Attorney General after consumers were ripped off for millions of dollars. I've personally talked to people who were caught up in both of these scams, as well as others who were involved in scams that have not yet been shut down.
Folks, there is no free lunch. The only thing such "debt termination services" will do for you is take your money. Their legal theories are total nonsense, and the courts do not recognize their arguments. These are the same people who also claim you don't need to pay your income taxes either. As tempting as it might be to try one of these services, you'll only get yourself in deeper trouble with your creditors.
If you have already been scammed by FDRS please report them to the Federal Trade Commission ,The
California State Attorney General as well as your own state attorney general , The Better Business Bureau and the FBI. Here are some sites to help you file complaints
http://www.ic3.gov/crimeschemes.aspx#item-5
https://www.ftccomplaintassistant.gov/FTC_Wizard.aspx?Lang=en
www.us.bbb.org
http://www.fbi.gov/
These poeple place ads on Craigslist.com (under SALES)and telling people that they can make $10-$15k a MONTH. But what they REALLY do it take the information (telephone numbers) from the resumes they receive and solicit those people. Thats how they get their 'lead generation' by placing FALSE ADS so that they can get phone numbers...
They have been reported.
Their #-Call 877-943-8600 Ext: 211
6362 Hollywood Blvd, 4th Floor Hollywood (between Ivar and Cosmo) 11am-6pm Mon.-Thurs
*** CHECK THIS OUT BEFORE THEY DELETE IT--
http://losangeles.craigslist.org/sfv/sls/768265116.html