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  2. How to protect yourself from debt relief and credit scams - AOL

    www.aol.com/finance/debt-relief-credit-scams...

    You can protect yourself from scams by ignoring unsolicited offers and researching legitimate debt relief and credit repair options. The average American has an estimated debt balance of $96,371 ...

  3. How to tell if debt settlement is a good idea for you - AOL

    www.aol.com/finance/tell-debt-settlement-good...

    Potential debt reduction: Debt settlement may reduce the total amount you owe, providing relief from debt burdens. However, the fees of settlement and late fees can sometimes inflate your debt ...

  4. Mortgage elimination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_elimination

    Mortgage elimination is a type of mortgage fraud in the United States.In this scam, the promoter first convinces a mortgage holder (lender) that the debt that has been contracted is invalid or legally unenforceable, usually due to a combination of alleged technicalities in the note, deed of trust, or other loan documentation signed; the promoters often link their rationale for debt elimination ...

  5. Swissindo - Wikipedia

    en.wikipedia.org/wiki/Swissindo

    Swissindo (formally the Swissindo World Trust International Orbit, also known as UN Swissindo or NEO the United Kingdom of God Sky Earth) [1] is a debt relief scheme widely classified as a cult [2] and a scam. [3] It is led by a man named Sino Soegihartonotonegoro and describes itself as a financial organization working towards "eliminating the ...

  6. How to spot debt collection scams: 8 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1 ...

  7. Redemption movement - Wikipedia

    en.wikipedia.org/wiki/Redemption_movement

    The redemption movement is an element of the pseudolaw movement, mainly active in the United States and Canada, that promotes fraudulent debt and tax payment schemes. [1] The movement is also called redemptionism. [2] Redemption promoters allege that a secret fund is created for every citizen at birth and that a procedure exists to "redeem" or ...

  8. Student Loans 2023: 3 Scams Borrowers Need To Be Aware Of - AOL

    www.aol.com/student-loans-2023-3-scams-233637246...

    According to Forbes and anti-spam/scam platform RoboKiller, Americans lost $5 billion to student loan fraud in 2022. ... Between debt elimination and debt consolidation is debt negotiation. For ...

  9. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    In the U.S., bankruptcy fraud statutes are particularly focused on the mental state of particular actions. [10] [11] Bankruptcy fraud is a federal crime in the United States. [12] Bankruptcy fraud should be distinguished from strategic bankruptcy, which is not a criminal act since it creates a real (not a fake) bankruptcy state. However, it may ...

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