Consumers Beware

ComplaintsFinancesConsumers Beware

Complaint

0
smh
Country: United States
Consumers Be Careful.
It has come to the attention of Morgan Drexen and its networks of law firms that there are individuals and their companies fraudulently attempting to impersonate themselves as Morgan Drexen. They are doing so by displaying our 800-868-1458 phone number as their caller ID when attemping to call you.

To further protect your identity, NEVER disclose to anyone including any Morgan Drexen employee your full credit card account numbers. Morgan Drexen debt consultants will only request a partial number if necessary. To insure thet you are working with Morgan Drexen you may also log onto the website as a client of one of the law firms confirming your status with Morgan Drexen.

Morgan Drexen has contacted and is working in full cooperation with the Colorado State Attorney General, the Missourri Attorney General, as well as a senior prosecutor with the Federal Trade Commission regarding the 'spoofing' of Morgan Drexen's Caller ID.

If you have received a fraudulent telephone call displaying 800-868-1458 please call us at 800-868-1458 and press '0' and ask to speak with Protective Services

Comments

  • 0
    JRW
    Before retaining Morgan Drexen's services, consumers may wish to consider the complaints filed with the FTC against Morgan Drexen that are available on Wikileaks at http://www.wikileaks.com/wiki/Debt_consolidat ... n_Morgan_Drexen.
  • 0
    ..your wshes come true
    they are next to Honda center in Anaheim..
  • 0
    watch ou
    Walter ledda is a crook, plain and simple, got shut down once, will happen again, google his name, you will now find url's he has purchased so his name gets pushed backk 4-5 pages as all you will find is his complaints and lawsuits against him and him being shut down. The video of him being interviewd, by a young lady names Catheay walters(sp?) is HIS GIRLDFRIEND!!!) google walter ledda, NCC and FTC and read all on him
  • 0
    br549
    We started using Morgan Drexen December of 2007. So far 4 out of 5 debts have been settled. They even set us up with a local attorney to represent us on one case in court that had went to far. I haven't seen any scam with this company & our monthly amount has drastically been reduced.
  • 0
    creditman
    Banks go along with settlement depending on the total of the debt, 24 to 36 months. A plan longer than that is asking for trouble. The creditors might sue you in court
  • 0
    Dana
    I am feeling that Morgan Drexan is not worth the effort.  This is the second Debt Settlement company that I have worked with--my loan modification is through the United Law Group, and they recommended Smith & Bailey first...that was mistake one, and now Morgan Drexan...mistake two.  I've already settled two accounts on my own, and these companies do absoluetly nothing but take your money and never contact your creditors.  Beware.
  • 0
    D-Rokk
    I went to my bank the other day only to find out that...
    My credit report shows a total of $3,591 in debt. The catch is that Morgan Drexen does NOT deal with medical bills or private accounts(banks, bounced checks, payday advance, etc.). Which happens to be $1,969 of my debt. Of those 23 debts 10 of the medicals are under $50! The only thing they could help me with was my 3 credit card accounts, totaling $1,622. So my payment was set at $129 monthly. then I receive my statement...
    It shows almost $1,200 I have to pay before they can start saving to settle my accounts. So $2,822 for settling $1622 worth of debt and "stopping" the harassing calls (this has not stopped. Its 4 months later). So in my opinion paying $4,791 to eliminate $3,591 in debt is just dumb. Just get off your duff, print your credit report, & start with the small ones. DON'T WASTE your time or money with Morgan Drexen.
  • 0
    tala
    Watch out if you are thinking to use this company!They SCAMMED us BIG time!
    NOT HAPPY i work hard for my money,They dont care about you or your family!
  • 0
    to him
    WELL...you must work for them!So..tell me you have a fat mortgage an car payment...AN THANKS TO.. all of us that have been screwed over by this company YOU live FAT an happy..I really want to say more but im gonna bite it!  DO NOT USE THESES SMOOTH TALKERS IT IS A SCAMM!!!!!!!!!!!!!!!!!!!
  • 0
    Suzette
    | 1 reply
    Do not go with this company!! Check the Better Business Bureau-they have a F rating. Go with Consumer Credit which has a B+ rating!!
    • 0
      Stuff replies to Suzette
      The BBB is not a government regulated agency... Companies pay to get there grades and I'm not saying this to defend morgan drexen or who ever they are but because they usted to have a D rating for disneyland ok Disneylad the most happy place on earth ... On that note check out the 20/20 documentary on the BBB you'll see what I mean
  • 0
    leroy
    they forget to tell you that the money they save you , you have to pay federal n state tax on because it is considdered "phantom income"  so if i had a 100,000.00 in debt and they settled it all for 25,000.00 i would have to pay taxes on 75,000.00!!!!  hmmmmm plus u pay a settlement fee for each account they settle, oh plus your monthly service fee!!!! THEY FUKIN SUCK!!!!!!!!!!!
  • 0
    reality checker
    this is a total load of hogwash - if Morgan Drexen cannot even write their own posts any better than this - then who do they expect to attract?  The company is a scam all the way.  here's a tip - PAY YOUR BILLS!!! Nobody made you use the credit cards and the stores you shopped at got their money from the credit company already  - so be responsible, stop whining and face up to your responsibilities!
  • 0
    octavius
    same here
  • 0
    Jimmy
    I would love to hear more about working for Morgan Drexen.  If you feel like sharing, send me an email at jimhodo46@gmail.com
  • 0
    Jimmy
    As I told someone else on this page, I would love to hear more about working for MD.  If you feel like sharing, shoot me an email at jimmyhodo46@gmail.com
  • 0
    Jeffrey Katz
    I am a licensed attorney employed by Morgan Drexen.  Your statements completely lack validity.

    Contrary to your assertion, this company is not involved in a scam.  It provide comprehensive support services for attorneys who help consumers with their unsecured debt.  These attorneys have been successful in achieving, on average, 60%+ reductions in debt.

    As with most legal matters, results cannot be guaranteed.  Accordingly, the attorneys provide an unparalleled set of disclosures so that the consumer will not be scammed.

    Finally, the company is incorporated in Nevada, however its principal place of business is in California.  

    I am not sure there is a "more qualified" platform for consumers to use than attorneys working with Morgan Drexen.  Currently, Morgan Drexen is working with the FTC to assist them in their rule-making process.  This is not the conduct of a scam artist.
  • 0
    len
    can you call me @ 601-331-7807
  • 0
    frustrated
    you obviously work for a credit card company and are getting some of the nice bonuses they're giving out. Some of us hard working people got into this fix by the high rates that are being charged and through no fault of our own, have lost a lucrative business because of our "wonderful" president. We are working harder than ever just to keep the home we built with our own hands, and keep food in our mouths. Get a heart!!!!
  • 0
    NICKNACK
    It's a SCAM do not go with Morgan Drexen. Even the Att. are bogus. Rita, Walter and the gang are all SCAMMERS. THE FTC is is INVESTIGATING THEM ALRIGHT AND WILL BE SHUT DOWN!!

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