Debt Elimination Fraud

In today’s society, debt is high and so is your chances of debt elimination fraud.

Have you ever received a flyer or a solicitation call asking if you would like to reduce your debt?  Have you been told; we can help you reduce your debt if you pay a small fee and sign up for our program?  If so, you may have experienced debt elimination fraud.  If you sign up for these “programs”, your lenders may not recognize these arrangements as being permissible and may even take legal action against you.  Your lender is the best person to work out any sort of payment arrangements with you should you be having trouble making your payments.

If you believe you have been part of a debt elimination scam, please contact the following:

  • Federal Trade Commission (FTC) at 1-877-FTC-HELP or www.ftc.com
  • Internet Crime Complaint Center (IC3) at http://www.ic3.gov if the scam was presented via the internet or email
  • Federal Bureau of Investigations (FBI) or your local police department fraud division– contact their local office if the scam was presented by an individual
  • U.S. Postal Inspection Service – https://ehome.uspis.gov/fcsexternal/default.aspx – if the scam was presented through the United States Postal Service