monarch legal group complaints

That law requires debt settlement companies to register with the state and restricts practices likely to harm consumers. /MediaBox [0 0 612 792] /Rotate 0 The policy, as written, does not provide consumers with adequate relief. /Annots [] This kind of attitude destroys the debt relief space for good people that want to do good things. Defendants make these representations in order to secure consumers participation in their debt resolution program. /Type /Page << 57 0 obj Monarch also requires that payments in the client`s account be up to date. Note we do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. /Contents [274 0 R 275 0 R 276 0 R] The user dev_teampresumably a Strategic employeenegotiates a settlement and then creates a debt settlement plan in Defendants database. King Charles: From excessively shy boy to monarch-in WebMonarch Legal has completely shut me down. /Parent 9 0 R /Resources 197 0 R /Rotate 0 << /Annots [] << All photos are of models and do not depict clients. 7 0 obj /Rotate 0 5 0 obj endobj If you cant proudly tell clients the real name of your company, there is something seriously wrong.. An obligation to make oral and written disclosures to prospective consumers, including a warning that debt settlement services may not be suitable for all consumers and that consumers should inquire about other means of dealing with debt, including, but not limited to, nonprofit credit counseling and bankruptcy. 225 ILCS 429/115(a). BBB Business Profiles are subject to change at any time. 342 (b) (1) and 527 (a) (1) /Parent 12 0 R endobj Monarch claims on its website that through its debt resolution program, it can often negotiate with creditors to settle for pennies on the dollar. Monarch also tells consumers they will be on [their] way to a future free of burdensome debt:. /Resources 193 0 R /CropBox [0 0 612 792] Although one section of Monarchs nearly 40-page agreement states that third parties may perform some work related to the program, it later explains that Monarch has a non-exclusive reciprocal referral agreement with independent contractors to provide what it calls non-legal services related to the implementation, management, and maintenance of Clients debt negotiation plan. Monarchs agreement and other promotional materials misrepresent the truth: non-lawyers at Strategic do not merely provide some administrative services, they carry out Monarchs debt resolution service.

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