I believe FTC requires face-to-face interaction between the debt settlement company and the debtor - and in our wonderful technological age, this is how they skirt this law - by getting a notary involved as a "representative" of their company. The law has been posted here before...and it's why many of the companies who used to flaunt these services are no longer in business - they got busted.
One quick note..to the OP - I get why you did what you did, but I hope this doesn't backfire on you - I hope, instead, that something positive comes out of it and the veteran is restored to previous status and all works out for you. To say you may have "overstepped" is an understatement, and I sincerely hope nothing more comes of it. In the meantime, I'd suggest you stop communicating with him and "advising" him of *anything*. My last piece of advice to him is "consult an attorney".
Good luck |
