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getoutofdebt.org – During the Debt Relief Master Class I held in Raleigh, NC in July 2011 we had the pleasure to meet with Michael Dye, Esq. who pursues legal action against debt relief companies. Now your initial reaction after watching the video will be intense. You will want to vilify Mr. Dye for the statements he makes and actions he takes against debt relief companies. But wait… I ask you to consider this, attorneys like Mr. Dye exist all over the country and pursue actions against debt relief companies on a regular basis. The reason I invited Mr. Dye to speak to the class was so people could be aware of what litigators are looking for and from that we can learn what to avoid. What you won’t see in the video was that by 15 minutes into his presentation all of the faces in the room were pale realizing the liability and exposure they may have. The key lessons learned are the most obvious ones: * Make sure your company is fully compliant with the laws of the states you operate in. * The exposure for a litigator to catch you not being compliant with the law can cost you at least three times the amount of money the debtor has paid plus legal fees. * He has not lost a case yet and has a return is – for ever the consumer paid the debt relief company. * Attorney model debt settlement companies are not outside the litigator radar. * Mr. Dye explains how turnkey debt relief programs expose the not only the company but the affiliates and sales people as well. * On top …
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