Global Debt Management - Who? Oh, Nationwide Support Group - Ripped me Off!

Atlanta, Georgia 6 comments
Not resolved

Absolute Scam!!

My wife decided to go forth with this company and insured me that they were above board. She had back surgery and was unable to pay her outstanding debt. Even though we were keeping our head above water, we were really struggling and times were tough. She felt incredible guilt and wanted to rectify this situation on her own, that was when she made the dire decision to turn this matter over to GDM - BIG MISTAKE!!! Sure, there were a couple of small dept settled, but the amount she settled was just enough to cover the penalties and interest that were accrued from the time we stopped paying. We payed over $4000.00 to save little from the original outstanding debt!!

The came the court summons. She was ill-advised to show up in court and say nothing and sign nothing. I was unaware of what was really going on here since she was to handle this by herself because deep inside she wanted to rectify this problem on her own.

I trusted all was OK but I was concerned that she was going to court for this. At the time I was not aware that the state I lived in was a State where garnishment was a viable option. Our checking account was joint and this information was not provided to us but the so-called "experts" at GDM - Oh, did I forget to mention that these folks who we were dealing with and represented themselves as "Global Debt Management" are not who they say they are? No, these people are a contracted independent organization who operate under the name of GDM, we were really dealing with a Company called "Nationwide Support Services" 1-800-498-7510. If you don't believe me and you are involved with these Sharks, call them and give them your primary phone number or your GDM account number. They'll pull up your account.

Anyway, I digress...

I awakened one morning shortly after my wife's court appearance and went to my on-line checking account to pay some bills.... Log-on, take a sip of coffee and WHAM!!!! THE FREAKING CHECKING ACCOUNT IS EMPTY AND OVER DRAWN!!!!!!!! We bounced checks because the court had ordered a garnishment of my checking account - Holy moly! Heck, I could have done this on my own, I didn't need to spend over $4000.00 to be garnished. Plus the fees for overdrafts and the potential credit dings that were going to hit my credit rating.

My wife was in tears and she felt that she had really harmed our family by attempting to resolve this financial situation against my advice. She requested that I get involved in helping her here which I did.

On her next Court appearance I decided to take some time from work and go with her. When the Judge called her to the front I went with her. A lawyer of the company she owed the dept to was there representing the case. The judge, after hearing our position had absolutely nothing good to say about these debt management companies. He called them ripoffs and snakes who prey on desperate people such as ourselves.

We were given the opportunity to meet with the attorney who was representing the creditor. But before we could talk with her we needed to sign a paper that would overturn the "cease and desist" document that "Nationwide Support Services" (GBM) had my wife send in to the creditor. This doc prevents the creditor from discussing the case with you and therefor the only dialog is with NSS/GDM. You see, this keeps you, the debtor out of the loop. What these sharks don't tell you is that these Creditors have pretty much stopped dealing with these Companies. Many have jointly decided to not to settle with nobody but the debtor.

In essence, we were paying this shill company more money than we could afford and they knew that there was little to no chance of settlement. Yet they just kept taking in our money as the tied a rope around our necks and dragged us to the edge of the cliff towards financial ruin. The next step after garnishment in the state I live in is personal property garnishment... Great!

So after signing the doc with the attorney she was then allowed to enter into negotiations with we the debtor. She simply asked how much were we willing to pay. We threw her out a number that was significantly lower than we figured she would accept.... She jumped on our offer like a duck on a bug. The ironic thing here in that this cost us NOTHING!!!

We have since canceled our contract with Global Debt-Nationwide who the *** ever they are. We spoke with a man named Sam who agreed to offer us a refund..... a very small refund that is totally unacceptable. The guy proceeded to negotiate with me the amount of my refund. Now, if these people were to have negotiated with my creditors as hard as this guy negotiated with me, to keep my money, then perhaps they would have been able to save me some money. He finally offered me a 25 cents on the dollar refund which is ABSOLUTELY unacceptable.

They claim that full refunds will be returned to dissatisfied customers - that is an absolute and complete lie. They sure did not do this with us!

We are now in the process with contacting many authorities with our complaints about this Company and we will be perusing much more than the outstanding debt to include punitive damages.

PLEASE - DON'T REMOVE THESE COMMENTS - I WILL BACK EVERY WORD I TYPED HERE.

Here is a list of contact you fellow ripped off consumers can contact, and please do. This is a scam and your hard earned money is providing a big fat leech a very good meal every moment of the day.

Review about: Debt Settlement.

Comments

Anonymous
#617889

I just saw these responses - I know it's almost been 2 years since everything went downhill and just wanted to give you guys an update. I did try to contact management at GDM and didn't get very far. I spoke to a manager who called me back after harassing them everyday for almost a month. What a waste of time that was....they basically kind of implied that I had bad luck and that this was the risk you had to take to try and get out of debt. I think he even said it can get messy before it gets way better. I laughed at him when he said that.

Anyway, I feel horrible reading that other people have lost 10k from these A-holes. I was lucky that I didn't quite have that much money in my account with them and I think I only lost about 2k. Granted that is not everything that I gave them but by the time I spoke to this "manager" I just wanted this whole thing to be over. I did end up going to court quite a bit to try and work with Chase. I believe I went 3 times to court and the last time was in December of 2011. The last time I went, they told me that Chase had put the lawsuit on hold for some reason. My guess is that since the Judge ordered Chase's attorney's to send me all documents leading up to their lawsuit to prove that I owed the amount they were asking - which they didn't end up doing, they probably didn't want to deal with me at the time. I had been a Chase credit card customer for about 12 years so I'm pretty sure that would take a long time for them to dig up...

In the meantime, last year I came to a settlement with a collections agency for another credit card I had hoped to pay off using GDM. The sad part is, I could've done this on my own and saved some serious $$$. I was able to settle with the collections agency for less than 1/2 of what they were looking to get from me and I paid it off in a year. I actually just made my final payment last month so I'm curious to see if it will help my credit score bounce back even just a tiny bit.

The bottom line is no matter what happens going forward, I will never trust a company like this again. Every single judge I was in front of made awful faces and comments when they learned I got involved with a debt relief company. I have my fingers crossed that I can settle with Chase somehow and in the near future as I am just doing what I can now to pick up the pieces and fix my credit as soon as I can!

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Anonymous
#276342

:( GDM, and any of the other 50+ settlement companies serviced by NATIONWIDE SUPPORT SERVICES are absolute trash!!!People can settle their own debt, just need to be taught how.

Instead, a greedy family of ***-artists is taking advantage of the most desperate and financially strapped people in America.It is quite sad and disgusting.

Anonymous
#268283

I'm very happy I came across this review. I just received a summons the other day for one of my accounts that GDM was supposed to be helping me "pay off". Instead now I am being sued for the amount that I owe Chase with a huge amount of extra fees added to the already huge amount of debt I owed. I'm not sure what to expect since my summons says I need to go to court but with no specific date. I'm assuming I will have to go file a response with the court by going there. I have been doing extensive research on what to do and am planning to go receive free legal aid just to make sure I am prepared for what I should do and am hoping for the best.

As far as Global Debt Management, I should've followed my gut and cancelled my account a lot earlier. I am not sure why I chose them over a non-profit debt counseling program but I was desperate is all I can say. I have wasted so much money on them and paying them for their BS "service". As soon as I got the summons, I called a rep to let them know. Their response was to stay calm, keep doing what I'm doing and that my rep would call me once she received a copy of the summons letter. Well this morning I received an email from my rep with just generic info that doesn't help me at all. I'm just about to call and cancel my program with them and plan on giving them an earfull.

If anyone is ever considering going through a program like this, please be careful! My advice is to go through a non-profit organization if you...

I cannot believe this is happening to me and really would like to get the word out to anyone who is going through something similar. I was always good with my credit and everything until a few years ago when the recession hit and they jacked up my APR's so high that I couldn't even pay the minimum on my cards and made the mistake of falling for GDM's so-called help.

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Anonymous
#243752

HAVE YOU TRIED TO CALL JOANNE GARNEAU SHE IS THE PRESIDENT HER EMAIL IS JGARNEAU@LOCALSVCS.COM DON'T KNOW HOW MUCH SHE WILL HELP BUT WORTH A SHOT SINCE EVERY TIME I CALL AND ASK FOR A REFUND I AM TOLD SOMEONE WILL CALL ME BACK (STILL WAITING FOR MY CALL BACK) BEEN MONTHS NOW AND DAILY CALLS AND EMAILS TO THIS COMPANY IGNORED.THE NEW RECEPTIONIST THAT PICKED UP THE PHONE WHEN I CALLED 800-499-0906 LEAKED THIS INFOR TO ME GOOD LUCK TO YOU IN YOUR EFFORT IN GETTING YOUR REFUND.

IF YOU FIND A WAY TO GET YOUR MONEY BACK PLEASE SHARE THIS WITH ME THEY DRAFTED MORE THAN 10 THOUSAND FROM MY ACCOUNT AND OFFERED A REFUND OF 12 HUNDRED.THIS COMPANY IS RUTHLESS.

Anonymous
#243748

THIS COMPANY IS AKA COVENANT DEBT SOLUTIONS,FINANCIAL CROSSROADS, KAZLOW&TUCKER DEBT RELEIF,NATIONWIDE SUPPORT SERVICES,DEBT TALK,DEBT TALK CENTER,NATION WORKS,NWS,GDM,SOLVE DEBT,LIBERTY SETTLEMENT GROUP,PROSPERFINANCIALSERVICES, FREEDOM DEBT CENTER,SUPERIOR DEBT SOLUTIONS, DIRECT APPLY.COM AND MANY MANY MORE WHY SO MANY TURNOVERS AND NAME CHANGE WHEN THESE COMPANIES FEEL THE HEAT FROM BBD,FTC AND ATTORNEY GENERAL THEY FOLD AND THEN REOPEN UNDER OTHER NAMES. DO YOUR RESEARCH THEY ALSO ADVERTISE FOR EACH OTHER THERE ALL THE SAME ORGANIZATION THAT STOLE MY MONEY I AM STILL WAITING AND FIGHTING FOR MY REFUND OVER 8,000 ANY INSIGHT AS TO HOW TO GET MY MONEY BACK PLEASE ADVISE

Anonymous
#243746

I AM ALSO A GLOBAL DEBT MANAGMENT VICTOM I HAVE REPORTED THEM TO THE FEDERAL TRADE COMMISIONS AND TO BOTH TN AND CALIFORNIA ATTORNEY GENERAL AND BBD I LOST 10,0000 TO THIS COMPANY I TOO ASKED FOR A REFUND AND WAS OFFERED 1,250 WHAT A RIP OFF NO I WILL NOT ACCEPT LESS THAN 5,000 I PAID 10 IN UPFRONT SERVICE FEES BUT A UNFULFILED CONTRACT AND SERVICES UNRENDERED. ANY ADVICE AS TO HOW TO GET THE MONEY THEY STOLE FROM ME BACK? IF YOU WERE A VICTOM LIKE ME MAKE SURE TO REPORT YOUR COMPANY TO FEDERAL TRADE COMMISIONS MAYBE IF WE ALL WORK TOGETHER WE MIGHT GET OUT MONEY BACK

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