What all I have learned today--Sifxpert

I pray that James Lombardo or sifxpert or whatever he is calling himself these days isn`t really scamming people but if what everyone is saying is true you guys need to file complaints with the BBB , ripoffreport.com , FTC , Your state attorney general and California state attorney general asap. I have those links as my signature so you can get to them quickly. Please keep us informed

BoA faxed me the letters. I have arranged for the final payment on the one account--that settlement is done--and arranged the first two on the second account. Too bad it cost me so much in stupid tax.

And I was right. The new letter BoA faxed me was for a settlement of $5000, not $8000 like the letter he forwarded to us. What a ripoff artist.

sorry about your experience lisa,i try not to judge too much,but
hearing from someone who backed him like you did hits hard.
i hope things work out for you lisa.

Hi Lisa...I too was with Sifxpert but had not given him any money except the $500 retainer fee. I have a question for you. With your Bank of American account, did it go to a collection agency? I have a BofA that I am 6 months past on and it is now with united recovery systems. I would like to settle with BofA directly. I haven't called them yet because it is a 20K account now and really don't have the money to settle. I just settled myself with one Chase card and Citibank. Just curious...thanks!

No, our BoA didn't go to collections. I don't know if James had anything to do with that or not. He did settle one of them. Where he dropped the ball was making the last payment. Thankfully, they honored the agreement we had in writing already anyway and settled the other one for the same terms.
I know that is a pretty large balance for BoA. I don't know how they handle them if they have gone to collections.

I am getting ready to call Chase; I have to find out where we are on those. James had told me he had them agreed to settle but I have never seen any letters or anything. Since he's turned out to be a bust, I figured I better call and find out. I don't have money to settle right now but I have to see what's up with them.

Was Chase difficult to deal with?

Not too bad. The first lady I spoke with wasn't as nice. She wanted it all in two payments. The next day I spoke with a man named Barry is was super nice. I took the 55% settlement and he set up 4 payments.

Citibank was super easy too. They set up payments for a year.

I waited too long on the other accounts BofA, AmEx, Discover and another Chase and they all have gone to collection agencies. I tried to get the other Chase account pulled back but they wouldn't do it and it just went on July 4th. I really am not looking forward to working with the collection agencies. I'm sending them DV letters and with CD except by mail. I just don't want to be sued!

"I'm sending them DV letters and with CD except by mail."
Please explain..... DV letter and CD. The accounts he said he paid and didn't have gone to collections so I need to start working on them and don't really know where to start.
Appreciate any help!

ok, I was with Sixfpert since December. He basically didn't settle anything because he never made the payments to the credit card companies. So, I called Chase and Citi today, and all accounts have charged off. I assume collection companies settle as well? Any help would be appreciated.

I know! Do some reading on here and know what they can and can't do. They can't harrass you, call your family more than to get your contact information, call you at work if they know it isn't allowed or call at odd hours. KNOW your state laws so you can use them in your favor. Because some of them WILL break the law. Fire right back at them and they'll stop.

Guest
A DV letter is a debt validation letter. CD is a cease and desist. Read this forum and you will learn tons. You have to make sure any debt someone is trying to collect from you is legally theirs to try and collect and debt that you really do owe.

Keep reading; you will find all kinds of information on this forum that will help.

What a scum bag. In my opinion he is worse than any collection agency. If anybody figures out where he is hiding out then I would suggest you call the police immediately. He flat out stole a lot of peoples money it sounds like. I am truly sorry that some of our friends here are now forced to deal with this mess.

sifxpert.com
sifxpert.net/default.aspx
1-866-387-5028
"james@debtxpert.com"
Sifxpert
2233 Martin Suite 324-A
Irvine, CA 92612
United States
ph: 866-387-5028
fax: 949-861-9340
"james@debtxpert.com"

So when is James Lombardo going to go to jail for stealing from all of us.

How horrible for all of you!! I'm SOO osrry this happened. I'm glad I din't get into the 'consolidation thing' with him. That's a good question...CAN anyone do anything about people, like this, that takes others for granted?

At a minimum I would file a police report with your local police and with the police in his area. It won't take many complaints before a warrant is issued.

You poor folks that have accounts left to settle, you better stay busy with that. Doors have been made open to collect on you now if he actually did part of his job right. Think about getting on a credible program.

Any ideas on what programs are credible? I'm so deep in hole now after what James did I don't know what to do and I can't file bankruptcy because of my job. Any suggestions?

Above post suggested that ex-james lombardo clients find a credible program....... I don't believe there is such an animal. Starting to think they are all crooks. I have seen several clients recently resolve their own problems by negotiating their own settlements without any hefty fees being charged. At least they know what is going on each day and aren't leaving it in the hands of a company that only cares about their big buck fees.

I hear you and I agree to a certain extent. The problem is two of my accounts are suing me and I know enough to make me dangerous and feel I need a professional. Is there an organization that maybe I could call and get a reputable company? The others I feel I can do myself. I may not get as low settlements but at least I know where my money is going.

Find a young or old attorney close by that has some experience with CA's and their tactics and have them pitch in. It will expedite the process for you, relieve you of much of the stress and probably be a whole lot cheaper than the fees most of the debt settlement companies charge. You need some legal advice and most of these companies won't be able to provide you with legal advice......just speculation that could end up putting you into more problems.

I am not sure what happened to that bussiness are the people who trusted them to help. It is just that I was here when I first heard of Sifxpert and I almost went with them myself because I read nothing but good about that bussiness and I needed their help. Wow, how things can change in a years time. I do hope all come out ok with this.

Apparently the guy ran off with a bunch of money Luke. It is a shame because a lot of people gave him money to settle accounts and he said they were settled but never sent the money. Instead, he kept the money at least according to other posters.

I agree with you Rickey. I have always been an advocate of DYI when it comes to debt settlement. I don't think the companies out there do a good job especially considering the amount of money they charge. I think that money would be better spent in settling your debts for a little more or spending it on a decent attorney if one of your creditors sues you. I certainly would not give a company direct access to my funds or power of attorney. They can just as easily do the settlment for you and then you make the payment. That is how an attorney would handle it.

you are right dands (made it smaller), I have done the DYI myself with the help of others here, I think it is the bes and cheapest way.