Internet's first get-out-of-debt community - 122,000 members

really mad · Posted: Mon Jan 28, 2008 5:11 pm Subject: Watch out!

I just found out the sifxpert has been lying to me. He said he was settling an account for me that was in litigation. He will not return my phone calls or emails so I called the attorney handling the case and he tells me there is no record of any contact with anyone on this account other than the current call. So now I am not only in default for not showing up in court bacause sifxpert told me I did not have to but I owe all of the account balance plus interest which is $12,000 that I do not have! I seriously am thinking I will have to file bankruptcy because of him and his underhanded ways. Do not trust him!!!!

All this after I had been previously burnt on another settlement issue by Precept Financial and then Superior Debt did not handle my accounts properly either so my luck with settlement companies totally sucks!

Posted: Mon Jan 28, 2008 6:05 pm Subject:

wow. I know you are probably tired of dealing with companies but if you register on this site you can take advantage of the free consult on this site. They may be albe to help you and it is free.

I don't know about you but i would not deal with anyother settlement company. If you look around here, there is some really good advice on dealing with things on your own. I wish you the best and let us know how you are doing.

Guest · Posted: Mon Jan 28, 2008 8:29 pm Subject:

I am a registered user on this site - just for this post I chose to be anonymous. I have tried twice in the last few days to contact my counselor on this site and he is not returning my calls. Not sure what to think of that one.
I would love to settle these accounts on my own - I just don't know if I have enough time or money left before they come after me.

Posted: Mon Jan 28, 2008 8:53 pm Subject:

Is there a reason why you chose settlement over consolidation?

Usually a settlement takes time to build up enough money in an account before they can try and make any offer on the account. So depending on the amount you owe and the payments you are making to the company it can sometimes take you 9 months or even longer to get enough in your fund to try and settle. I know that with my dad it would have taken him almost a year and a half to get enough to settle on just one of his accounts.

Posted: Tue Jan 29, 2008 2:42 am Subject:

Anyone can settle their own debt, just research and follow other peoples experiences. I also thought of using a debt settlement company, but ... I wanted to keep my money and use it all for my settlement to get it over with. You still can settle, if you continue to negotiate you may be able to work out a payment plan with the creditor or a lump sum settlement if you can come up with the cash. Usually you have more success with a lump sum offer.

Posted: Tue Jan 29, 2008 2:46 am Subject:

One more note, if you have nothing a creditor can get, you simply should start saving until you have about $3000 to $4000 and see if they will settle for less. Even if they file a judgement against you they still may be willing to settle for less with a lump sum offer, never hurts to try! These people just want money, many times they will take what they can get and they really prefer to deal with their consumers, not third parties.

Posted: Tue Jan 29, 2008 8:01 am Subject:

Good advice from lostindebt....thats what I am doing, saving up $$ to settle on my own. I have gotten many settlement offers.

Also, there have been a few stories here of creditors continuing to pursue action while the consumer was in a debt settlement "program", which the creditor has every right to do. Its much different from a debt consolidation program in which your creditors are getting reduced, yet regular payments.

Posted: Tue Jan 29, 2008 8:15 am Subject:

I would choose cocolidation over settlement every time! Settlemnt hurts your credit more and leaves you wide open for litigation. Some creditors will refuse settlement offers and sue with right to do so as Volley says. Also if you have a problem with a company contacted through this site go to the ranking section and post your negative comment about them. They deserve to be rated by there performance good or bad!

Guest · Posted: Wed Jan 30, 2008 10:15 pm Subject:

Are you kidding me? You fell for a hoax i have warned you about for the past 5 months. Do not speak to your creditors. Ever!

You want to blame me for your demise? You failed to mention this in your post...

I am sorry that i am probably one of your most challenging cases to work with due to the events prior to you taking on my account but hopefully your experience and expertise will be a great winner for both of us! I am holding you to that promise that things will be different for us in two weeks! Lol

You know why i stopped communication? Because right after steve bruce renegged his deal on monday he mentioned the conversation you two had just prior to closing the settlement for you.

You even said it yourself "the events prior to me taking over your accounts." just a quick highlight: you were sued by 2 other banks with judgments on both long before my involvement for the last 5 months and not to mention free!!! I may be wrong but according to my records, you were not charged a retainer and i rfecall mentioning i would not request a retainer since you were burnt by 2 other companies. How dare you claim me responsible for this when i had no hand in racking up over 50k in debt. You wanted to hide this from your husband and freaked every time a call was placed to him or your home...i am sorry but i have given you far too much of my time free!!!! And even if i did charge a retainer, it is peanuts considering the time i spent on bailing you out of a huge mess.

I settled your judgment for 50% but you were lied to not by me the collector so now that you unsettled the account, you could use your 4k to file b/k that i had returned by precept like i said i would because the 4k you have saved like i planned to use to settle monday will not cover the balance in full required now that you had to pick up the phone.

I had a loss in my family and i do have other clients to tend to. You are not my only client and i am not in the business of helping anyone deceive their spouse from knowing what kind of financial trouble they are involved in.

No other company would have given so generously like i have not in a million years nor would they have worked on getting you a refund from a previous company like i have nor would they do it for free. Anyone who could have accepted what i have done for you over the past 5 months and read a post, actually, 3 or more at least like i have just read from you would be irate to say the very least.

You attempts to defame me are clearly malicious and undeserved. Blaming your financial crisis on me is spineless and dishonest to yourself and to anyone else who you look to convince. You are the only one who made this happen...i took an inevitbale failure case and had it turned around after a lot of hard work. Not only will i not be paid for the work but i took valuable time from myself, friends and family as i have a personal crisis of my own at the moment which you were aware of. Simply put...shame on you.

Posted: Wed Jan 30, 2008 11:00 pm Subject:

I don't know what to say.

First, I am sorry to hear of your loss.

Second, I can see how the original poster could have done this (not out of spite)only because they have been burned twice. But knowing that you were doing this for free and got me a refund from someone, I think I would have listened to you (would have been hard for me to do that) I know that you had a loss, but when someone is in panic mode they do, do stupid things. I think the original poster was scared when they didn't hear from you. So a quick e-mail could have probably stopped this from happening ( I know you said they knew)

I am not siding with one more than the other. The original poster was in a panic and wanted to see what was going on. and the sifxpert person was dealing with personal issues. Both of you have reasons that you did what you did. But to come here slamming each other was not good for either of you.

Really Mad, if it is true what guest has said, I think it is time to tell your husband the truth. Because when he does find out (not from you) it will cause even more problems than what you have right now.

Guest/sifxpert, I think it was very nice of you to do what you did for Really Mad because she got burnt.and like I said before, I am sorry to hear of your loss.

Guest · Posted: Thu Jan 31, 2008 3:38 am Subject:

I think sharing a clients personal information with a whole forum is very unprofessional, this is not the forum for this kind of conduct. What ever happened to the privacy of a client? Proper communication and staying in touch with a client would maybe have eliminated this problem. I have read numerous complaints about Sixfpert not being available; settling debt is a very stressful thing for most clients and communication is important.

Nobody knows if the attorney lied or if Sixfpert lied, but is this a good place to deal with this?

Guest · Posted: Thu Jan 31, 2008 8:33 am Subject: Response

First, I am so sorry that sifxpert posted the "dirty laundry" here for all to see. That kind of response was certainly not my intention when I posted my comments. I was only trying to help someone else to not have to endure what I am currently going through.

Thanks "Guest" for stating the obvious of how unprofessional it was of him to divulge my personal information to the whole world!

Please allow me to briefly state the truth of my encounter with this person/company. First, we barely worked on my accounts for 4 months - not 5. Second, he assured me that his office returns all calls and emails no later than 48 hours after contact. That very rarely happened. He ceased communication when I wrote him inquiring as to why he told me that I did not need to appear at the hearing which automatically got a judgement against me! When I emailed him to inquire why this happened after he told me he had not had a client sued in 2 years - I never got a response.

And if he would consult his files - I did indeed give him a retainer fee. He even talked about it at one point as to the settlement fees would be taken from the same account he got his retainer from. A refund from Precept? Never happened! Sure wish it would have as I could sure use it for this lawsuit I am trying to settle on my own!

I did not try to hide this from my husband. I explained to sifxpert from the start that my husband is in very bad health and can not handle any undue stress. True, I was concerned at the few calls my husband received but I did not "freak".

Seems interesting that he says he spoke to Steve Bruce. I spoke to the attorney in his office that was in charge of my case. I never had a conversation with Mr. Bruce!

There are alot of holes in his story but it just goes to confirm my feelings that settlement companies say what they have to in order to get your money and business and then you are hung out to dry. I would find it so refreshing to actually hear of a "good guy" in the business.

Thanks for allowing me to clear up this matter. You are a great group of people.

Posted: Thu Jan 31, 2008 2:15 pm Subject:

Well I wish you the best of luck. I hope it all works out in the end after what you have been through.Now I understand why you didn't tell your hubby. I don't think I would have either. I thought it was strange that he came in and said stuff like that, but we all let things out when we are mad. I am sure that there is someone in here that could help you out with your situation, so you can do it yourself. I don't know if you have started another post or not, but it would be a good idea to put a question out there in the CA forum. Good luck rose

Guest · Posted: Thu Jan 31, 2008 8:01 pm Subject:

Sixfpert tried to scare me into using his services telling me if I did not use his services I would be sued. I guess we will see ... and I guess you can get sued with him too, he has no legal protection and it you do get sued he has to dump you as a client because he can't give legal advice. Thanks for the info really mad.

Posted: Fri Feb 01, 2008 5:07 am Subject:

Really Mad - I'm sorry none of this is working out for you. Have you been able to share any of this with your husband? If so, is he able to perhaps get a loan against real estate or something to help you settle your debt? If not, have you been to see a BK attorney? If you and your husband exceed the median income for a two person household you most likely would have to file Chapter 13 and when I talked to an attorney, he said they would only get pennies on the dollar and I would not have to pay back all the amount. That is my backup plan if I get in trouble and get sued. I didn't go with a debt settlement company because there was not legal protection and they can not represent you once you have been sued. I know they are not able to guarantee I will not get sued so I hired a BK attorney to represent me if I should get in trouble. He has advised me to talk to my creditors with very limited information "I've lost my income, I'm overextended and I'm trying to avoid bankruptcy" I further tell them that thee is no way I can possible pay monthly payments to everyone I owe because of my loss of income and I am looking to family members and friends to assist me and I will let them know when something develops and I only talk to them about once every month, if that, now. When I get further behind I will opt to talk more often to try to avoid a charge off and settle my accounts. I still need to sell a car and few other items to have enough to work with them.

*Name:
*Email:
*Phone:
*Zip:
Debt

	* denotes required field

Internet's first get-out-of-debt community - 122,000 members

Watch out!

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Useful Links

Recent Forum Discussions

Recent Blog Post