Is credit solutions affiliated with debtxs?

We need help. We also are having problems with Mezey and Assoc. Can anyone give us info on a class action suit. We live in Texas. We keep getting the run around and nothing has been done.

[/b]Thanks for this web site. We,too signed up for help from MEZEY AND ASSOCIATES. They are crooks, never any communications. All they have done is P----off all our creditors and now have turned things over to lawyers. My best advance is call a non-profit credit consulers ie Green Pace.
Everyone is correct, forget about the money you sent them, its theirs now, I just wrote to the BBB of NY and FTC for a complaint. I also am calling Google and Yahoo about them.
Sharon and Jim OK :( :evil: [/i]

I have been with them a couple years (nldc)and they settled a few accounts but now this last week their phone number is no longer in use and find myself unable to get hold of them. Does anyone have a phone number or e-mail address that works. i have experienced very poor response through out this time.

NLDC is now Mezey @ Assoc. You are in for a big surpris...good luck!!

1.800.519.0655

Thanks. I called Mr. Mezey too and I'm glad I'm not dealing with the creditors any more. That was a nightmare! And the customer service has always been helpful to me. My debts just kept accumulating and I considered BK, but decided to not go that route and I'm finally getting some of these cards paid down.

Credit Solutions promised to eliminate our debt, by reducing balances to 40%, and letting our balances "age" in the meantime while building up a balance to pay of the protion of debt that would remain.

This is a direct quote from one of their emails: "At the beginning of your program we contact your creditors. After they have been contacted, we allow your account to age. This aging period consist of non-payment to the creditor. This shifts the leverage from the creditor to you, the client. During this aging period, you are to save as much as possible whenever possible, as this will help you get out of debt sooner."

They AGED our accounts into collections and arbitration!!
My wife spent an average 4-5 hours a week on the phone trying to prod them along to resolve our debt. after 3 months and only one settlement for the original balance of the debt, we finally severed ties with them after paying almost $2000 in fees.

Do not use this company, contact a local credit counseling agency and let them help. At least they were honest!

John

I'd recommend Mezey & Associates as well. I was embarrassed to admit that I couldn't manage my own debts and too proud to declare bankruptcy. I didn't know of any other way out of the maze, until a co-worker suggested I call them.

We were overwhelmed with bills, a hospitalization, a car finally gave in. Then we missed a couple mortgage payments and were afraid we'd lose our home. So we really were at our wits end. I called them and thought I'd see if they could help us. I was really surprised that they could work within our budget. Other companies told me they wanted twice as much monthly. I told them that if I could afford those monthly fees I could pay my credit cards.

We settled two cards so far and just finally able to refinance our house. So, I am real grateful. We thank God every day and pray for those still having troubles.

how come you guys did not bother to check those companies on the better bussiness bureua. These companies have bad reps with the BBB. It is your responsibility to research a company first. It does suck the credit solutions of america ripped you off because they do give the industry a bad name however you didnt check them out and that is what happens when you dont shop around and do your home work

I found that debt settlement, as practiced by the law firm of Mezey & Associates, is the only debt relief program that actually saves you money. debt consolidation and debt counseling is nothing more than "Smoke & Mirrors". Citibank, AT&T, Macy's and other creditors will not work with debt consolidators. Don't be fooled by "Nimrods" that post erroneous information on this phoney website that is operated by a debt consolidator.

mezey and associates are scam artist. The customer service department are bumbling idiots. There is a person name Claudia who is excellent at her job. She is wonderful. She is the wonderful and thruthful.i think the only Lawyer they have is Claudia @ extension 2337 if you need honest legal assistance.

Thanks guest. I did a lot of research too before choosing Mezey and found they had less then 1 in 1,000 client complaints and were still given a low rating by the BBB nonetheless. I called the BBB and they said they had seen some debt settlement companies shut down, and therefore rated the industry not the company.

Further they grouped law firms with bankruptcy alternatives in the same category as unregulated, unlicensed, unbonded and uninsured companies, even though as lawyers they have to have such and are held to a higher standard.

When asked about the low level of complaints the BBB did say that it was remarkable considering they handle debt distressed clients. And, the companies that were closed down had 1,000's of complaints. Nonetheless, they decided to label all debt relief firms as risky.

Furthermore, I discovered numerous complaints and a ripoff report about the same BBB office, wherein the complaints said the BBB used strong arm tactics to enroll businesses as members, stating as a member they could avail themselves of the BBB's arbitration services and in so doing avoid all complaints. I also found their largest member sponsors were banks, that had no complaints whatsoever! That seemed real suspicious to me.

I took the plunge and have had months of relief. Now I don't bother looking at a phony BBB report on any business, or listen to the few complainers to irresponsible to admit they were the guilty ones in running up their own credit cards.

Stay away from this "company". They are a debt negotiator, not consolidation company. They will take your money and do nothing while your debt builds, you get judgements against you, and your credit goes into the toilet. You can negotiate your debt yourself and some card and loan companies do not deal with places like Mezey.

I was a client of Mezey & Assoc. for 3 months. They took my money and let me get further into debt. I am now working to repair the damage and have reported them to the FTC. They took my money and did nothing for me and I'm sure I am not the only one. It may be time for a class action suit against Mezey.

For those in debt, contact the FTC and check out this website for some tips on what you might be able to do to help yourself: Credit Infocenter

Getting into debt isn't as easy as being careless about your credit. It's not usually you're own darn fault if you fall into debt. The last guest shows just how misinformed, insensative and, frankly, idiotic some people are when it comes to debt.

I didn't get into financial debt because I went on some crazy spending spree and maxed out my credit cards. No, I was one of the many US citizens unlucky enough to be without health insurance. The worse thing that could happen to me did happen to me. I was able to get some reduced fees but this still didn't cover the high cost of doctors fees, hospital stays and medication costs (which never have a discount). I went into debt because I couldn't keep up with the medical costs that just kept building and building. So when I hear some pinhead tell me it's my fault for getting into debt I have to wonder whether or not that person lives in the real world with the rest of us.

I will take full responsiblity however for being gullible enough to believe the lies coming from Mezey and Associates. I wanted help so badly I never thought to question the validity of their promises.

Thanks, Informed citizen for all that info. As a CA resident I am going to be contacting the AG today and seeing what can be done about this company.

I'm down $11,500 so far with NLDC and can't get in touch with anyone now... what do I do??

DebtXS is a debt settlement company and not a law firm. They misrepresented themselves and routinely charged a total of over 25 percent of the total amount owed. The fee was paid over several months via automatic withdrawals from their bank accounts, though some were unaware they had agreed to this arrangement with the company.

DebtXS also required consumers to place the money they would have normally paid to creditors into a personal savings account over several months or longer. Like asking a fox to guard the the house! If clients could save money they already would have.

The cessation of payments technically put consumers in default of their contractual obligations with creditors, which triggered aggressive debt collection efforts and even lawsuits brought by some creditors. DebtXS misled some consumers into thinking it would hold creditors and debt collectors at bay during this period and prevent any litigation.

After several months, DebtXS would contact creditors and offer to pay off the debt at a fraction of the total balance owed. If creditors agreed, DebtXS would contact indebted consumers, who would make the agreed-upon, lump-sum payments to creditors from the savings they had accumulated over time. If creditors did not agree to the offer, insisting late fees and interest were due, consumers would be immediately liable for the entire new balance.

Most clients believed they were misled and were unaware of the costs they would incur and ad up to 25 percent or more.

Many believed the fees withdrawn from their checking accounts were being applied to their debts, when this was not the case. Other consumers reported the company misled them by offering "legal advice" as to whether they should file personal bankruptcy.

Please do not use Mezey & Associates They services is worst than CS the took two thousand dollars from me, &no services was done.......try working with you creditors yourself if you can.