I found Liberty Resources (Chad Wickline (614) 920-9238,7770, 9261), Ridgewood Holdings (Mike Amato, ED Dacey (401) 490-4747) Financial Freedom Concepts (Loyd Davis (208) 947-7742,246-3541) on the Internet after searching for Debt Settlement Co's, I have heard of fraud on the Internet and was trying to research all prospects. Liberty Resources Website promised in its part salvation. "A clear alternative to Bankruptcy and Debt Settlement Co's, never make a creditcard payment again, 0 your balances and have your accounts listed "paid as agreed". Our system is 100% legal and founded in laws that govern NationalBanks. All of this was followed by legal quotes and summaries of Court Hearings.
This was followed by a legal justification that NationalBanks were by law only allowed to loan real money. It was unlawful for NationalBanks to loan credit (creditcards and lines of credit) After various internet searches I found no complaints and proceeded with the process. On 1/6/04 I downloaded a worksheet from the website. This worksheet connected you to RidgewoodHoldings, a LibertyResourcesRepresenative. On this worksheet you would list all of your NationalBank accounts, status, and balance. You would then mail this worksheet to them with a $200 processing fee. Next I received a welcome type e-mail from LR that explained our relationship and how we would communicate through e-mail and fax, and the fee for service that was based on your CC balances. LR would begin by drafting a dispute letter to your CC Co's, asking them to prove that they loaned actual money, next they would start the Arbitration process. I was to send $139 for each case (cc account) to Solomon ArbitrationGroup (now folded) I the client was to fax all communicatios from CC Co's, lawyers, and debtcollectors to the ServiceCenter (FinancialFreedomConcepts) were the appropriate legal response would be drafted and e-mailed back to me with mailing instructions. I have now went through the LibertyResources Arbitration process. Now it was time for confirmation of my Arbitration Awards. The Service Center (FFC) requested that I send $150 per case to file my awards in FederalCourt. I sent $750 (5 cases) in September. I recieved my so called Confirmation Documents in the mail in Dec. With instuctions to file my awards in CivilCourt followed by e-mails that state how things have went"not as planned" or have "failed"Even an attempt to collect more money for another process. I have invested a total of $8149.70 in this scam, not including mailing, notary, and printing fees. I know I'm not the only victim. My Attorney has made me aware that Arbitration is only binding if both sides agree. The first of many misconceptions.
I can provide copies of all documents at your request.
David
Asheville, North Carolina
U.S.A.
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