Date Filed: November 8, 2007 Court: U.S. District Court Location: Washington
Hagens Berman Sobol Shapiro filed a proposed class-action lawsuit against Credit Solutions of America (CSA) claiming the company is violating federal prohibitions on predatory behavior against individuals in significant debt. CSA offers itself to consumers as an intermediary between consumers and their debtors generally claiming the company can help people shrink their debt by 60 percent.
Before beginning work with any customer CSA requires that 15 percent of a customer's total debt be paid to CSA through monthly payments with three large installments in the first three months. In addition CSA instructs customers to stop paying their creditors so negotiations can begin. This leads to a range of lawsuits, attorneys' fees and litigation costs for unpaid debts and leaves customers far worse off then when they came to CSA.
If you are working with CSA, have signed a contract and made at least one monthly payment you may be eligible to join this class.