I received an interesting email yesterday from one of the Chapter 13 Trustees with whom I work.
It seems that a debt settlement company by the name of First American Debt Solutions (FADS) of Deerfield Beach, Florida, is mailing solicitation letters to Chapter 13 bankruptcy debtors across the USA. In the letter, FADS blatantly lies to the debtors by telling them that their Chapter 13 case has been dismissed when it hasn’t. And I’m sure that it won’t surprise you that FADS then encourages the panicking debtors to call none other than FADS itself to discuss how FADS can help the debtors to resolve this terrible situation.
If you’re a Chapter 13 debtor who has received such a letter from First American Debt Solutions, please don’t fall for this trickery. Instead, contact your bankruptcy lawyer or your Chapter 13 trustee and provide them with a copy of the letter.
If you’re a bankruptcy lawyer, check with your Chapter 13 clients to see if they have received such a letter. If not, warn them to be on guard and to advise you should they receive such a letter in the future.
Hopefully the Department of Justice’s U.S. Trustee Program will be able to put First American Debt Solutions out of business for good real soon.
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Dan,
Kudos to you for breaking this story. I just warned my readers as well.
It’s shocking but hardly surprising.
Steve
Steve,
I agree. It is shocking how blatantly unethical many of these “debt settlement” companies are in their actions. Thanks for spreading the word about this sleaze-ball Florida company.
Dan Nunley