Ben Sissman, Attorney at Law
Free Consultation 901-730-4958
Legal Services

Debt relief scams could harm Tennessee residents

When it comes to finances, some Tennessee residents may be uncomfortable with their state of affairs. As a result, they may wish to find some form of debt relief that could potentially help their situation. Because bankruptcy can seem scary, parties may use other means that they think will help their financial circumstances. Unfortunately, many programs that offer relief are not as reputable as hoped.

The Federal Trade Commission, or FTC, has recently named defendants in a case regarding a debt relief scam. A company reportedly claimed to be able to help individuals get their finances back on track and improve their credit scores. The fraudulent operation ran under the names American Bill Pay and American Benefits Foundation. Parties would apparently pay for services that they believed would help their credit.

The programs were found to be duplicitous, and two individuals were recently considered to be the parties running the programs. At this time, the FTC is hoping to have the scam shut down and for individuals who have paid for services to be given refunds. A temporary restraining order has caused the parties to stop the fraudulent operations.

It is unfortunate that individuals have been swindled by such programs, and sadly, it is likely that there are other similar operations taking advantage of other individuals. Therefore, Tennessee residents who truly wish to seek debt relief through reliable means may wish to consider bankruptcy. With additional information, individuals may be able to understand that bankruptcy can be beneficial for a fresh financial start.

Source:, "FTC Names Two New Defendants in Debt Relief and Credit Repair Scam", Patrick Lunsford, Feb. 12, 2015

No Comments

Leave a comment
Comment Information

Office Location

Ben Sissman, Attorney at Law
44 North Second Street, Suite 403
Memphis, TN 38103

Phone: 901-730-4958
Phone: 901-730-4958
Memphis Law Office Map

Let's Start By Discussing Your Debt

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy