/Type /Page /Parent 11 0 R That law requires debt settlement companies to register with the state and restricts practices likely to harm consumers. This consumer had paid $3,616.80 to Defendants, but Defendants charged over 96% of these paymentsor $3,476.21 as fees. /Contents [138 0 R 139 0 R 140 0 R] /Count 10 /Annots [] If you need legal advice, call our expert solicitors or fill in our enquiry form and we will get back to you as soon as possible. << /Type /Page Attorneys and/or law firms promoted through this website are also federally designated Debt Relief Agencies. June 16, 2022. toyota rav4 2013 specs. Can you help me please? /MediaBox [0 0 612 792] /Kids [25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R] Defendants also repeatedly fail to provide litigation defense services to consumers when creditors sue them. /Parent 4 0 R /Resources 129 0 R /Annots [] This information is also relevant to determine whether bankruptcya service Defendants pretend to offeris the right path for the consumer. Making a full refund, as the consumer requested, Refuse to adjust, relying on terms of agreement. Stated results are for illustration purposes only and are not typical of the results you should expect to achieve. Categories Blog For businesses. Strategic Financial Solutions also operates and/or works jointly with Timberline Financial, LLC, which lists the same office addresses as Strategic Financial Solutions on its website. Defendants tell consumers that they will not begin settling debts until consumers have made at least seven to nine months of payments. /Type /Page /Annots [] 42 0 obj In the first 12 months, Defendants collect their service costs and retainer fees. Change Your Mindset. << For example, after 10 months in a program, only 4% of one consumers payments went to settlements. << /Type /Pages Your experience matters. It sucks that you found yourself in that position. /Rotate 0 /Resources 269 0 R The Rule prohibits debt relief companies from charging fees before settling or resolving a consumer debt. >> 9 0 obj /Annots [] /MediaBox [0 0 612 792] endobj /MediaBox [0 0 612 792] This is contrary to everything I was told on a monthly basis from them., d. One consumer requested that the company get a [b]etter protocol explaining to clients how they assess fees and refunds.. /Contents [118 0 R 119 0 R 120 0 R] 18 0 obj The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line, These Private Student Loans Can Be Easily Discharged in Bankruptcy, Top 10 Reasons You Should Stop Paying Your Unaffordable Private Student Loan. /Rotate 0 Flats for sale in Edinburgh City; Homes for sale in Edinburgh City; Apartments for Rent in Edinburgh; /Type /Page The City reviewed each of the three separate consumer files that Monarch provided to identify a clear pattern. Several days later, user r-fakhouri, likely Ricky Fakhouri, an outside attorney who has contracted with Monarch on a case-by-case basis, approved the plan. endobj /Contents [174 0 R 175 0 R 176 0 R] By including these testimonials, Monarch Legal Group does not represent that every consumer will experience the same outcome by employing our services, nor do we intend to represent that these testimonials represent all customers experiences. /Type /Page Fax (877) 300-6215. /MediaBox [0 0 612 792] Source: New Reviews Everything you need to know about man who became heir to British throne 71 years ago 1. /Resources 185 0 R Monarch Law Group offers personal injury, commercial litigation, corporate law, matrimonial/family law and real estate legal services. /Contents [114 0 R 115 0 R 116 0 R] I have been pleased by the results Monarch has gotten for me so far. /Type /Page << We are seeing this action a lot more lately, Im surprised it was just the City of Chicago and not the CFPB or the FTC. /Rotate 0 /Contents [278 0 R 279 0 R 280 0 R] Strategics partnership with Monarch is not unique. DISCLOSURES REQUIRED UNDER 11 U.S.C. /Contents [71 0 R 72 0 R 73 0 R 74 0 R 75 0 R 76 0 R 77 0 R 78 0 R 79 0 R 80 0 R] >> 2013035572001), at 4, available at https://www.finra.org/rules- guidance/oversight-enforcement/finra-disciplinary-actions?search=2013035572001.]. 1 0 obj >> endobj /Parent 9 0 R >> Reviews of Defendants on various online platforms like Glassdoor, Google, and Better Business Bureau paint starkly different pictures. Participating in debt resolution programs carries significant risks. Timberline entered into a consent agreement and order with the Commonwealth of Pennsylvania for violating Pennsylvanias Debt Settlement Services Act. The credentials of the person negotiating down debts is material to prospective clients. Consumers reported to the City that they were unable to receive answers from the attorney identified on Monarch paperwork and instead were forced to direct questions to non- lawyers who were not familiar with their situations. << We would greatly appreciate any guidance that we need to do at this point to recoup our money paid to them (almost 3 years worth). Customer service is quick, efficient and professional. Monarch promises in promotional materials and in retainer agreements that it will provide Litigation Defense Services in the event the client receives a Summons and Complaint from a creditor or debt collector for non-payment. /Rotate 0 /Annots [] /MediaBox [0 0 612 792] /Parent 10 0 R The Citys investigation found no bankruptcy case filings by Monarch. We are a debt relief /Resources 189 0 R You can read the complaint filed in this case. Acknowledging the harm that debt resolution programs create for consumers with debt and credit issues, governments have increased regulation in this area. WebContact Us Monarch Legal Group Contact Us Address 203 N. LaSalle, #2100, Chicago, IL 60601 Phone Phone: 877-450-8853 Fax: 877-300-6215 Email c. Another consumer wrote: I called and then they told me after I had paid them a little over $300 a month for 7-9 month period that there was nothing in my account just $100 and that the rest went to their fees, fees for providing no service. 13 0 obj WebMONARCH LEGAL GROUP AKA BURNETTE LEGAL GROUP INVOLVES TIMOTHY BURNETTE AND JASON BLUST. Read and understand all program materials prior to enrollment. /MediaBox [0 0 612 792] /MediaBox [0 0 612 792] >> This website is an advertisement. Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. 21 0 obj /Rotate 0 Also in 2010, the State of Illinois passed the Illinois Debt Settlement Consumer Protection Act, 225 ILCS 429/1 et seq. 14 0 obj endobj Amount in Dispute: $8,600.00 After working with them all these time, in which I have paid the total of $15,216.90 to the company plus $2,800 I paid directly to one of the creditors, A reasonable consumer likely would decline to contract with Monarch had she known that debt negotiation and customer service would be outsourced to another company in another state that is staffed by non-lawyers. /CropBox [0 0 612 792] Defendants structure their programs so that it is nearly impossible for some consumers to benefit. 203 N. LaSalle, #2100, Chicago, IL 60601 /Contents [110 0 R 111 0 R 112 0 R] When, as is often the case, Defendants fail to refer the case to an outside lawyer, Defendants have refused to provide any representation. /Contents [94 0 R 95 0 R 96 0 R] << To get away with Defendants scam, Monarch structured itself as a law firm in an attempt to evade responsibility under consumer-protection laws and to leave consumers without meaningful redress. /Resources 237 0 R >> But Defendants settled the account for more than the consumer could possibly pay. In presentations with potential clients, Monarch representatives who in fact do not work for Monarch have explained that Monarch attorneys will provide representation and negotiate with the creditors lawyers. The complaint filed by the City of Chicago contains the following statements. In the examples that the City has seen, and on information and belief in other instances too, Monarch lawyers do not perform debt settlement work. Defendants Trick Consumers into Believing that Attorneys Will Negotiate their Debt Settlements, When that Work is Actually Performed by Non-Lawyer Contractors. 15 0 obj 6 0 obj << >> Defendants know or should know the impact of omitting interest. /Annots [] /MediaBox [0 0 612 792] /Parent 12 0 R /Rotate 0 A consumer that reviewed Monarch on the Better Business Bureaus website noted that he was unable to discuss bankruptcy with a Monarch attorney, contrary to statements in Monarchs agreement and on its website that Monarch provides bankruptcy representation. /Contents [266 0 R 267 0 R 268 0 R] /Contents [82 0 R 83 0 R 84 0 R] *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. From 2013 to 2014 he pled guilty to state criminal charges and settled with the Financial Industry Regulatory Authority (FINRA)s disciplinary body for creating ATM cards and withdrawing money from client accounts without authorization. /Contents [198 0 R 199 0 R 200 0 R] 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). The same can happen to you! I didn't know how it works, so I was explained the details and the procedures of it. Consumers who receive deceptive and inaccurate information from Strategic are unable to report that conduct to any attorney regulatory bodies because the employees are not lawyers. /Type /Pages WebMonarch Grand Vacations average salary Updated on March 28, 2023 $95,818 View Hourly Rate Per Year Individually reported data submitted by users of our website 25% $84,341 75% $108,233 $95,818 50% (Median) Highest Paying Job At Monarch Grand Vacations Document Manager - $116,392 See Other Titles Most Popular Job At Monarch Grand /Kids [8 0 R 9 0 R 10 0 R 11 0 R 12 0 R 13 0 R 14 0 R] 28 0 obj After the first 22 months, over 53% of this consumers payments were earmarked as going to the Service Cost.. Defendants also know that consumers debts will accrue interest because they instruct consumers to stop making payments on their debts. BBB is here to help. Attorneys use scripts for these calls. >> Burnette is well aware of the harms his company causes through its deceptive and unfair practices. >> /Resources 257 0 R /Type /Pages The Bureau revoked Monarchs accreditation less than a year after publishing an alert about Monarchs business practices and its failure to respond to a request for investigation: Timothy Burnette holds himself out as the owner of Monarch Legal. WebMonarch Legal Group provides a very valuable service for those needing to get out of debt and take their financial situation seriously. /Resources 209 0 R Hi Steve My partner and I have just been canceled from monarch for unclear and deceptive reasons. /CropBox [0 0 612 792] 342 (b) (1) and 527 (a) (1) /Parent 12 0 R endobj /Annots [69 0 R 70 0 R] /MediaBox [0 0 612 792] /Parent 9 0 R After an initial phone call, Defendants send paralegals or notaries from third-party companies to prospective consumers homes or those representatives conduct a presentation virtually. << /Annots [] The How to Get Out of Debt. /MediaBox [0 0 612 792] /CropBox [0 0 612 792] /Annots [] /Type /Page First, consumers who are behind on monthly payments to Defendants are not eligible for any refund. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. /CropBox [0 0 612 792] /Parent 8 0 R 51 0 obj endobj Webmonarch legal group complaints. << The Citys investigation indicates that in reality, Monarch employs only the few attorneys needed to complete rote and scripted check-in calls with clients to suggest that an attorney is involved in the consumers program. 16 0 obj Your consent to the above terms is not required as a condition of purchasing or receiving our services. Monarchs website states that Timothy Burnette is the attorney responsible for the content of this Site.. Meanwhile Defendants collect thousands of dollars, money that consumers could have used to pay down their debts but for Defendants unrealistic promises and reassurances. Monarch markets the debt resolution program it operates with Strategic as having a generous refund policy. >> << << << The following is My Monarch legal group/reliant account # 25270. Strategic Financial Solutions works with a number of fraudulent debt settlement outfits, including, for example, Carolina Legal Services, a debt settlement law firm that recently closed following an investigation by the North Carolina State Bar and the suspension of the attorney in charge of the law firm. >> << What Are Your Spending Habits? Read More Business Details and See Alerts, International Association of Better Business Bureaus. >> >> >> If you are in debt run far far away. As depicted in paragraph 91 above, one BBB reviewer expressed skepticism about Monarchs lone positive review. endobj /Type /Page Would love to hear from you. /Annots [] endobj /Contents [222 0 R 223 0 R 224 0 R] Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. More egregiously, Monarch mischaracterizes the refund policy and uses it to induce consumers into joining the debt resolution program when they otherwise would decline to do so. WebMonarch Legal has completely shut me down. Consumers who are struggling with debt care very much about how much money they will be able to save, and Defendants knowingly overestimate those amounts. /Contents [206 0 R 207 0 R 208 0 R] Timothy Burnette is, on information and belief, the sole member and manager of Burnette Legal Group, LLC d/b/a Monarch Legal Group. << BBB Business Profiles are provided solely to assist you in exercising your own best judgment. ] As described in Section VI below, Monarch repeatedly fails to provide those services. /CropBox [0 0 612 792] >> This kind of attitude destroys the debt relief space for good people that want to do good things. /Resources 141 0 R WebMonarch Recovery Management is a collection agency based in Pennsylvania. Login. Suggested companies. 225 ILCS 429/125(c). >> << /Type /Catalog Fees for changing banking information, payment plans, and adding new debts to the program vary from $19.95 to $299. /Annots [] /Annots [] /Type /Page Disclosures Required Under the U.S. Bankruptcy Code. Categories Blog For businesses. >> /Rotate 0 What do you think? endobj /Type /Page << In exchange for the advertised services, Defendants charge significant up-front costs and monthly fees. /Parent 11 0 R /Annots [] Strategic has engaged in similar arrangements with sham law firms to defraud consumers across the country for years.

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