Posted by Rebecca McCue on 10/4/10 4:23pm
Msg #355396

outsourced service provider (OSP) to the debt resolution

Has anyone received a call in regard to OSP?

Reply by CopperheadVA on 10/4/10 4:49pm
Msg #355400

I have received calls to facilitate the signing of an attorney retainer agreement for the purpose of debt consolidation services, however I have chosen to stay away from these types of appointments. There have also been reports of no-pay from notaries who have done these types of appointments for various companies.

Reply by Rebecca McCue on 10/4/10 5:41pm
Msg #355406

I was thinking the same thing thanks for the input

Reply by MW/VA on 10/4/10 7:28pm
Msg #355413

I agree about avoiding these. Many of the debt consolidation or debt reduction companies are scams, and I can't spend the time figuring our who is legit & who isn't. The red flag for me is when they want us to be a "representative". Just like the loan mod scams, remember that you are the only person these folks are ever going to come in contact with. IMO if you're the "facilitator" you are potentially as liable as anyone in the loop.

Reply by Susan Fischer on 10/4/10 10:24pm
Msg #355439

Another reason for a 10-foot pole; or as my late husband

used to say, "If I were you, I wouldn't pet that dog."

Reply by 101livescan on 10/5/10 3:30pm
Msg #355500

I have spoken with people who' ve bought into this rip off scam, and they tell me that after they've paid the $5000 or so to the company, their own creditors have said, we would have done a workout with you, and you would have paid off your debt faster than you ever well with these self-serving debt consolidating companies who take most of the upfront money for their fees and pay minimum payments to the company...the only side benefit is that interest is frozen, but people can do that on their own.

This is one of the biggest scams at any time, but especially now in a horrible financial crises that is global.

Reply by Linda_H/FL on 10/5/10 6:07pm
Msg #355513

$5,000???!!!! That's worse than the modification

companies' up-front fees for pete's sake!!

I got a call for a debt resolution signing the other night (not the subject company) - 15 pages, no notarizations..blah blah - I told him I don't get involved in those.

Reply by 101livescan on 10/5/10 3:35pm
Msg #355501

OMG Just received this "great opportunity" to help people

Referred by Kris at KC SigningsTuesday, October 5, 2010 1:33 PM
From: "Debt Relief Center Inc" <[e-mail address]>Add sender to ContactsTo: [e-mail address] Afternoon --

Debt Relief Center, Inc. received your contact information as a referral from Kris at KC Signings. We are a debt settlement company needing Representatives to attend in-home sales appointments. The in-home sales appointment will be conducted similarly to a loan closing.

Requirements to conduct an in-home sales appointment are:

Present a PowerPoint presentation to prospective debt settlement client. This presentation will be available on our website. We can also provide a disc of the presentation if you are unable to access internet, or a paper print-out if you don't have access to a computer.
Complete and initial a checklist with the potential client
Execute 2 sets of documents -- Client Agreement and Welcome Package
Debt Relief Center, Inc. will pay you $100 simply for going to the appointment. As an incentive, you will receive an additional $50 for a successful sale resulting in returned executed documents.

If you are interested in acting as an In-Home Sales Representative for Debt Relief Center simply:

Reply to this e-mail with your full name, address and contact numbers
Include hours/days of availability
Responding to this e-mail does not constitute any form of Agreement. An Independent Contractor Agreement will need to be executed before you become a Representative for Debt Relief Center, Inc, which will be forwarded upon request.

Please forward any questions or interest to [e-mail address].

Sincerely,

Debt Relief Center, Inc.


This email was sent by Debt Relief Center Inc, 25 Crossroads Drive, Suite 404, Owings Mills, MD 21117, using Express Email Marketing. You were added to this list as [e-mail address] on 10/5/2010

Reply by Eileen McRorey on 10/5/10 9:31pm
Msg #355538

Re: OMG Just received this "great opportunity" to help people

I did one of these just before I left Missouri.... I read it quickly just prior to going to the signers location. The compant paid me upfront. I was upset with the papers (words spelled wrong, etc). After I got to the signers home, the husband told me that his wife convinced him this was the right thing to do. I did not want to cross the line of giving legal advice, but I silently hoped that they would not sign after reading the documents..... they signed. I will never, ever do another one of those types of signings. What a rip off.

Reply by Maureen Radtke on 10/6/10 9:12am
Msg #355573

I did just yesterday and after hearing the spiel, I turned it down. I'm a title producer, not a debt resolution specialist. These companies should send their own, trained, representatives. If the borrowers' bank is a part of this 'great opportunity', then they should be able to go right to them and inquire about it, without using these 'outside entities' to do so.