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Debt management company pays $594,000 to state for violations

Colorado Attorney General John Suthers obtained a $594,000 judgment against Thomas Roland for his role in defrauding Colorado consumers, according to a report from the AG’s office. The judgment follows a similar $594,000 settlement handed down in August against Enhanced Services Solutions after the company engaged in unregistered debt management services for Colorado consumers. The… Continue Reading Debt management company pays $594,000 to state for violations

Coloradans swamped with debt

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The number of Coloradans enrolled in debt management contracts grew by more than 44 percent during 2009. Another 7,912 state residents enrolled in a credit counseling program, up 7.8 percent from the prior year, according to the state attorney general’s office. In his second annual report released today, Colorado Attorney General John Suthers said consumers… Continue Reading Coloradans swamped with debt

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Eleven debt management and credit counseling companies have settled investigations with the Colorado Attorney General office under credit and consumer laws that went into effect last year. The companies will refund a total of $923,370 in program fees to 912 Colorado consumers. Debt management companies generally work with unsecured debt such as credit cards and… Continue Reading Eleven debt management companies settle with A.G.

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