Wednesday, February 23, 2005
CREDITWRENCH and the FDCPA Part IX
In a recent discussion with myself and some credit professionals, CREDITWRENCH CEO Bill Bauer indicated what his advice would be to the woman mentioned below who contacted me for help because of her dire situation relative to her husbands death. His advice:
Send the creditors some cashiers checks. Sometime it work, sometime itWhat kind of advice is that?
don't work.
This woman lives in a state without a homestead exemption. Something CREDITWRENCH CEO Bill Bauer obviously failed to ascertain before giving his advice that "sometime it don't work."
This means that a judgment against her could cause her to lose her home.
Of course, CREDITWRENCH CEO Bill Bauer neglects to mention that he also lost his home to foreclosure for failing to pay his bills just as he now suggest she does. Starting to get the picture? He gets $400 for his "advice," she loses her home just like he did.
CREDITWRENCH CEO Bill Bauer's advice to allow this poor woman with children to get in the same position he got himself into, and lose her home, is but a small sample of the advice you will receive if you enroll in his credit repair scam.
The reason it's called a "wrench" is:
You'd have to be a "nut" to use it!
