Is credit solutions affiliated with debtxs?

WARNING!!! THE ONLY WAY A SETTLEMENT CAN WORK IS IF YOU HAVE 50% OF YOUR TOTAL DEBT AVAILABLE TO SETTLE IN 15-18 MONTHS, THAT IS ABOUT ALL THE TIME YOU HAVE BEFORE LEGAL PROBLEMS START !!!!! CinCin on the 29th and John M on the 30th are stating the truth. Legally a person has about 15- 18 months to complete a settlement on a credit card. All debt settlement companies work the same, they all ask for 15% or a % up front, which allows for their fee to be paid before your legal problems start in about 15 months. I joined Mezey 15 months ago, with four cards and high balances. You will receive all the warnings and the after not paying for about a year, the companies will talk settlement with you directly (my settlement letters were never sent Mezey, I had to forward them each time.). Some settlements started at 75 or 80% and all eventually went to 50%, except one went to 40%; remember your creditor will send you the letter not Mezey or your debt company, because they have a contract with you (the power of attorney means nothing). The first company to take me to court in 14 months wanted 5,975 on a 14,000 debt, I didn’t have it after Mezey got their 6400, and I only had 1217 in my escrow. Mezey assured me my creditors would wait 36-48 month the length of my program and that they had relations with them and most creditors. The documents Mezey gave me for court were not legal documents and only stated that I was considering bankruptcy and the law says I get 60-90 days for counseling before deciding. When the judge gave me 60 days, Claudia from Mezey said they are not lawyers and can not advise me, however the fact is if I don’t have the money they are going to come after my home and/or wages and the other creditors will follow, so I may want to consider bankruptcy. Notice my options after their fees were paid, I no longer had 36-48 months to repay, and what about their relationships with creditors? Mezey then stated they got the settlement, I didn’t have the money, and there are no guaranteed outcomes, or different outcomes happen in different states, ect…
All companies reported no pay for months, eventually they were charged off, and my debt grew $6100. in interest and fees, while my credit score fell from 716 to 588. Mezey left me 12,500 (6100 interest+6400mezey fee) worst off, not one has been settled.
SEEK LOCAL LEGAL ADVICE as I am now in the process of.
DO NOT USE MEZEY, they were always kind, professional and full of advice, until the trouble started. I will say that after canceling my contract, I got an escrow refund of $1900. in 3 days from a California address to Michigan.
I AM ALSO INTERESESD IN JOINING A CLASS ACTION LAW SUIT!!

I just had my 3rd card paid off for 43%, so I have nothing but praise for Mezey. There are always going to be complainers, not matter what. So, I ignore them and do what's right for me. Even if it cost me 100% of what I owed, that's half of what it would be in 3 years, if I was stil paying interest! It takes time, but they do what they say they will. In looking at my choices, I could have continued paying my minimums forever, but now they are finally get paid off. To me it's been like dieting though, I had to pull in my belt and grin and bear it a while.

As to customer service, a year ago it was hard to speak with anyone, but that seems to be a lot better lately. Their explanation that they went through a tremendous growth and had a hard time adapting for a while made sense, even if I didn't like it. Now things seem to be running more smoothly.

At this point I'm working on credit restoration, so I can buy a house. A couple years ago that was just a dream, but not it's something I can start planning toward. So, I'd say to anyone in the program, hang in there, as it works. And, if creditors are still bothering you, find out your rights. You can do something about it.

I'm glad I went with Mezey instead of some bogus debt settlement company too. They tried to sell me some BS story, but my debts are now in the hands of an attorney, not some boiler room operation. And, I'm not sure how it works, but my understanding from my attorney here was a law firms fees are non-refundable. He recommended Mezey instead of my doing a Chapter 13, as it would have cost me more and taken longer, but if I did do the bankruptcy even his fees were due upfront.

Also, my creditors were pretty slick in offering me deals but only after I hired Mezey. They each wanted to get paid first. So, I stopped talking to them. I thought about quiting the program and doing it myself, now that they were going to give me deals, but I'm still a bit gun shy and would rather have a pro handle it.

So forget the debt settlement companies and see a lawyer and if I had to do it over I'd call Mezey again.

Credit Solutions talks a good line then they will not return clients calls, do not respond to emails, do not contact creditors. Their 1st rule: "Let Credit Solutions do the talking for you", is a laugh. Clients are told to fax creditor letters to them so that they can respond or help the client respond, that too is a joke.They claim to be members of the Dallas Better Business Bureau but as of June 1, 2006, they were not. There have been 126 complaints filed with the Bureau in less that the three years that Credit Solutions has been in business. Settling these complaints is like pulling teeth. And most often does not happen.

They claim to settle their clients accounts at 60% savings in 12-36 months. that the client is then debt free. It does not happen. Nor do they have monthly follow-ups or credit counseling as they state.

They give tricks and loopholes for clients so that the creditors cannot reach them. There are two printed in the handbook. I called and finally got one of their reps when a very pushy creditor continued to call me. I received a very blunt answer when I told the employee my problem: "We do not contact the creditors, they have to call us."

They claim to have "working relationships with the credit card companies. I received a letter from Advanta stating that is not true. Credit Solutions is not regulated by the FTC. This was after I called Credit Solutions and was told yes they do work with Advanta. They have to have a checking account number from the clients so that they can take their fee out monthly.

I cancelled the one at my bank and faxed a ternination letter to Credit Solutions on June 2, 2006. It did not take them long to call me because they could not get their money. I told the employee my problems with them and that I wanted the money returned because they had done absolutely nothing to earn it. I was told that he needed to talk with his boss and that he would get back to me. That was one month ago.

I urge anyone who has had dealings with this company to put it on this web site. They need to be stopped. Their false advertising needs to be stopped.

Does anyone know if Credit Solutions affiliated with Debtxs? If so, Debtxs is a ripoff! I don't care if you work for them or not! I don't know how a person can work for a company that will rip people off like Debtxs has. You can read all of these other reports because mine is the same. They tell you not to answer the creditors calls, but don't give them Debtxs' name because they don't want to talk to them either, although I gave Debtxs my money to pay these creditors! This company should be closed!

I can't see how our government is allowing this company to rip people off like they have. They're not a law firm and as I now understand the creditors lawyers will only deal with other lawyers.

Plus I haven't received any of my money back. They have offered 200 dollars, which is not even close to 1/3 of what I paid to them. Debtxs- you are a rip off company. RIPOFFS. You should be ashamed of working for a company like that! It will all come back to get you in the end.

I have been with Mezey for about 5 months. As far as I can tell they have done very little to help my situation. I still get call after call from my creditors, and I have recieved two summons. After contacting Mezey and faxing them the summons, I still await a response. What does one do? I'm on the fence on what to do, since they have about $6,000 on my money. Thanks and good luck.

We've been with Mezey & Associates over a year now and are just starting to see results. We just got our second credit card settled and feel a huge relief. It works, you just need to be patient and hang in there. All the collectors want is your money period, and some will do anything to get it.

It was hard in the beginning as some creditors still harassed us, despite the laws, so we changed our telephone number to an unlisted number and that got them off our backs.

At first 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 almost twice as much monthly and some weren't even lawyers. I told them that if I could afford those monthly fees I could pay off my own credit cards and frankly didn't trust them.

We were also just finally able to refinance our house with a fixed rate loan. So, we're real grateful we've hung in there and would resommend others do the same.

I too have paid Mezey for a year. My credit is 10k higher and have paid almost all my fees of 5K+. They better start working for me like they say and get "better settlements than I could on my own"....otherwise, there will be a big class action (nationally) against them for knowingly ruining peoples' financial lives and making them stressed out more than just dealing with the collectors for free ourselves...WTF!!...Charging us for something we could do ourselves?!...what a crock of crap in our beloved USA?! Good nationalism there Aholes!!! Send them to Guantanamo too for deceiving the american people the way they have with their website,false advertising, and bogus legal contract .....deep breathing, ooooommmmm.......PEACE.

Bottom line.. your credit card interest doesn't stop accruing! Mezey and Associates will NOT talk to your creditors to lower or stop the interest and your creditors won't wait 36 months to get paid. I paid Mezey for 6 months and have completely tanked by credit - plus I will never see a cent of my $6000 again. All my credit card accounts were with lawyers and they will not negotiate with Mezey or anyone but you.

Finally.. they told me if I could pay cash for over half of my debt they would drop about 13K off my bills. Ok, I got help. Because of my tanked credit rating I couldn't take out a second mortgage on my house so my family had to step in.

So please, if possible before you ruin your credit score by going with Mezey or another settlement group - call the creditors, stop your interest from accruing and come up with a solution on your own. You can do it... I could of have IF I hadn't relied on bogus claims from a totally bogus company. Good luck everyone and remember once you get out of debt - don't ever get into this trouble again. I know I won't and I want to throw rotten tomatoes at the TV whenever I see those 'Chase - Freedom' ads. They do not offer freedom - they are evil!

I too have been a client of Mezey & Associates and have found they are NOT a reputable company. I have filed a complaint against them with the Federal Trade Commission and I URGE ANYONE who has had any dealings with this company to do the same. Don't be a victim!!!!!

We have been in the program for 5 months. Customre service is always quick to respond to any problems. Our account has been set up whereby the monthly fee that we are sending is split between their fee and our escrow account. Our final amount due to Mezey is $4300. After 15 months we will be paid up with them and most of our credit debt will be eliminated. None of our creditors has contacted us since we signed up. I'm not sure why so many are having problems but we are very satisfied with the service we are receiving.

You can't file a class action lawsuit, you idiots! Only a judge can grant class-action status to a lawsuit.

We have been with Mezey for over a year and they have settled nothing and got about $6000 of our money. We are grabbing the balance in our account before we lose it too. Then we will be looking for ways to recoup. But we are not holding our breath. I am contacting the states attorney general's office in my home state and in New York. And yes, we have caught them in many half truths and shady information. I'd like to hear more.

Wow I just stumbled on to this forum, I have been with Mezey since june 06 and have paid $14,000 so far with nothing settled as of this date. I believe I have fallen victim to their scam. any suggestions on what I can do now?

I think this place is crooked as well. I was signed up with NLDS for about a year or so. In Jan. 07 I get a letter saying that Mezey and Associates has taking over our account. We've made about 5 or 6 payments to them. Now that we need to contact them about something I can't get a hold of anyone. Does anyone have a contact number?

dmal711, the number I have for Mezey is 800-519-0655.
good luck to you. I don't have a problem getting in touch with them, just always get put on hold for about 10 to 15 minutes.