California and Debt Settlement Scams

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Article by Paul J. Molinaro, M.D., J.D.

Along with the recession, depression, slump, downturn, economic reset, crash, or whatever euphemism used to describe the massive consumer debts now facing many Californians, came squads of scammers looking to make quick bucks by promising to solve personal financial problems. These scam artists push their “services” through radio, television, mail, internet, and cold calls. When faced with overwhelming debts, thought processes get paralyzed, and desperation overrides good judgment and common sense. Conmen take full advantage of this phenomenon by pretending to be compassionate professionals who can solve enormous financial problems for just a few easy and affordable payments.

If you have overwhelming debt, there are legitimate places to seek help. However, telling the help from the harm can be difficult. The clich