I signed a contract with debt settlement company called Debtco (San Diego, CA) in 2003 to settle 8 outstanding debts "with a goal to be debt free in an estimated 36 months." Only 2 of the 8 outstanding debts I had were settled by this company over 5 years. Debtco closed and Acushield Financial (Las Vegas, NV) took over as the servicing agent for Debtco.in July I terminated the contract and requested that the remaining set aside balance of $12,169.66 be returned to me. My contract states that Debtco agreed to return any unused set aside funds within 30 days. My money was not returned and I sought out Nicolas de Segonzac, President of AcuShield to settle this claim. I spoke with Nicolas by phone and mail and he agreed to send a "check of $801.66 as a good faith deposit with two monthly remaining payments of $5,684 to be mailed" to me. I received a check for $801.66 but am still awaiting the $11,368 balance of the settlement. Upon further attempts to contact Nicolas or anyone in these companies, I have only found disconnected phone numbers and voicemails stating that the above companies have closed. Upon further research, I've discovered California's Cease & Desist order against Nicolas and ALL of his bogus companies. I have filed complaints with several Attorney General's Offices, BBB, Federal Trade Comission, and have come across many other people that are looking into filing a class action suit against this company. I'm seeking any more information or assistance in pursuing a class action, or simply getting my money back.
Thanks
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