Federal Debt Relief Program - Has it been helpful to consumers?
Federal Debt Relief System (FDRS), is a company, which offers debt relief services to people who have debts worth USD$10,000 or more. However, this company does not enjoy a very good reputation in the industry.
Why people do not trust this company?
Federal Debt Relief System (FDRS) has become unpopular due to their following activities:
- Federal Debt Relief System claims that they take the help of well known attorneys but in reality they do not.
Example: When a customer wanted to know more about the attorneys and their roles, Federal Debt Relief System became rude and did not take any further calls. - Federal Debt Relief provides vague information which in most cases misguide people.
- FDRS is more pre-occupied with advertising itself rather than providing service.
- It is alleged that FDRS prefer verbal agreements in place of documents and also discourage their customers to keep any document related to debt relief.
- They expected a customer (who signs up for their services) to make payment first and then avail the services.
- Many consumers complain that Federal Debt Relief System left them midway when the assistance offered by Federal failed to work out. In such a case they don't even have a back-up program for saving the distressed consumer.
- Many were asked for their Social Security Number and their mother's maiden name, which surprised many consumers.
- FDRS doesn't entertain any queries on the way of handling a customer's account.
Example: In one instance, a customer wanted clarification as to how his debt account was being dealt, instead of co operating, the misbehaved with him. The next day, the borrower received a Warrant in Debt. - Federal Debt Relief System charge modest fees from the customers at the start of the debt relief program. But in the long run, many allege that the debtor had to shell out more money.
Contact information
You can contact Federal Debt Relief System over:
Phone: 1-877-943-8600 (Toll Free)
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#1
06-20-2007, 04:15 PM
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Federal Debt Relief Program - Has it been helpful to consumers?
Hi Everyone,
I found this forum while doing an exhaustive search for information on the FDRS. Other than their own ads and articles, I can't find much of anything about them. I tried to search the forums for previous posts about them, but found nothing. What is the Federal Debt Relief Program? Have any of you guys ever dealt with FDRS or know anything about them? Thanks! Hawk |
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#2
06-20-2007, 04:24 PM
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FDRS - Anyone know about them?
Hi and welcome to the forums. I am not familiar with the FDRS However, I am sure someone will come along that has heard of it. In the meantime, browse around. You will find lots of useful information on this site!
__________________
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#3
06-23-2007, 09:31 PM
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Federal Debt Relief System
After following up and researching about FDRS, turned up some very interesting results.
All me to to preface, that I believe people are allowed there own beliefs and personal opinions, but FDRS is a source of proclaimed patriotism but in reality a world hating conspiracy web site. There is plenty of front information of consolidating your debts, but if you go to their resources page, and start to read the articles, you will find a wealth of misguided and fearful articles spouting secret societies, new world order, and a chance to save 33% on debt collection. Personally I don't think this is an agency you should rick your money with. There are many more companies out there that provide support in debt relief without spreading the word of fear and hatred. |
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#4
06-24-2007, 04:02 AM
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I agree with Scott, forget about FDRS. Stick with someone who is a member of the Better Business Bureau. In fact, you can sign up here for assistance.
__________________
Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/ Federal Trade Commission: http://www.ftc.gov/ |
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#5
06-24-2007, 11:35 AM
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Wow, they almost sound like that one company that people have posted about here which sounds like a huge scam--is it called the Nouveau Society? Sounds very strange and not something to get involved with...
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#8
09-20-2007, 08:15 PM
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FDRS
I spoke with them but it made me very skeptical. I asked to see what they do on paper but they wouldnt send me anything. It just seems too good to be true. They told me they could just wipe out my debt in 18 months with payments to them each month that totaled about $7000 for the elimination of about $22,000 of credit card debt. The payments to them were to pay the attorneys to dispute my accounts. I looked up the Better Buisness Bureau and the Arkansas branch has no complaints, but the Hollywood, CA branch has a few and it was rated by the BBB as an F grade. What I am afraid of is getting sued by the creditors and FDRS taking my money. There is nothing they offer to protect you in case what they say does not happen.
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#9
09-21-2007, 12:39 AM
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fdrs
Hi
Though I do not know anything about this company. But what I know is that most of these companies advertise as "we will eliminate your debts completely" or "we will work with your creditors and sort out a feasible monthly payment" but the truth is these stuffs are simply hoaxes to steal your hard earned money. So beware of them. Take care Nelly |
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#11
09-27-2007, 06:47 PM
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Fdrs
I actually worked with Fed Debt Rel System. After a few weeks,and a little due-diligence I got the #$@% outta there. Very anti-american views, and constantly spoke of the phrase 'R-word'(Revolution) in training and client contact. Several previous addresses in and out of state, even the fax cover page with a declaration stating non-acknowledgment current Constitutional amendments. After contacting several of the largest attorneys in the US on the company and industry as well, I was told that several companies of this type over the last 5-8 years have popped up. At first, the legal strategy worked, but shortly afterwards, the banks quickly realized what was going on, and realizing the potential consequences of what would happen if a significant number of unsecured credit borrowers caught on, they quickly corrected the problem by having all customers acknowledge in writing/with signatures, that their credit card debt was in fact owed by them to the banks and all proceding credit card applications/contracts have a general cavaet in place ackwoledging these unsecured form of debt as real debt that's owed. With these acknowledgments in place, the credit card companies are now in a position enforce the unsecured debt, regardless of where the money came from. Now keep in mind that this is information obtained from competitors of FDRS, but the general gist was reiterated by more than I debt attorney firm and it is quite reasonable. I would suggest you look over your initial application and/or contract, find the statements of you acknowledgment of debt and promise to pay principals and interests for yourself. Personally, I wouldn't touch em with a 10 foot pole. Good Luck
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#12
10-18-2007, 09:31 PM
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BEWARE fdrs
Spoke with them on the phone. These guys are young, unprofessional, expect you to pay for services before they give you anything in writing, and ask you for very sensitive & unnecessary information over the phone!! Thank GOD I didn't give them what they needed. They were trying to get my DL # & mother's maiden name--unbelievable!!! STAY AWAY
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#13
10-25-2007, 09:20 AM
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Federal Debt Relief System scam?! No way!!
I'm 8 months into the program and confident with their method. I think it makes sense that a large percentage of people think it's a scam because it further supports the case of a far more grand and global scam of deception.
Ultimately I believe the challenge for most people is they want to consult OUTSIDE sources, get reassurance from people they think they can trust. There's never a guarentee for that I think. So the best I've found out I could do is completely overhaul their site and read all their pages. And their resources page sealed the deal for me because while I don't agree with a certain degree of some of the alternative news linked, I can ALWAYS appreciate people doing deep research that the media obviously doesn't cover. To flatly say that they're "World Hating Conspiracy Theorists" is a unfortunate. Doing your own research is important, and I'd been doing research for over a year before even hearing about FDRS about possible hidden things in our reality, secret societies, etc. So for me, it felt and feels right. Attitude towards things is important, knowledge is important and how we treat each other is important. You can only show people the door, but they have to walk through it. No one asked me for my mothers' maiden name or drivers license number. |
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#14
10-25-2007, 12:11 PM
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fdrs
Thats great.
__________________
Where there are hard working people being harassed or threatened, I will be there. My site: http://anthonylemons.blogspot.com Avoid these Agencies: http://www.budhibbs.com/coll_to_avoid_list.htm Contact any government official here: http://www.congress.org/congressorg/home/ Contact any State Attorney General: http://www.naag.org/ Federal Trade Commission: http://www.ftc.gov/ |






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