Lexington Financial Solutions

That's great Michael. But for future clients of any debt settlement services, whether with Lexington or any other providers, we now highly advise consumers to watch closely the new FTC rules, which preclude charging ANY fees until settlements are complete. These new debt settlement rules go into effect on 10/27/10, and will regulate Lexington and all debt settlement companies. Another great reason to look for a TASC member is that TASC recently accounced that they would comply with the consumer protection efforts announced by the FTC against debt settlement companies.http://www.marketwire.com/press-release/TASC-Announces-Support-for-FTC-Debt-Settlement-Rules-1305731.htmAlso, read our recent article on the new FTC debt settlement regulations. Debt Settlement now regulated by FTC - will it clean up the industry? Good luck, and congrats on getting debt free. bills.com

Hello everyone. After reading this blog I just could not sit still and not stand up for them. My wife and I actually did enroll with them and they have settled our debt within 2 years of timeline. We were very pleased and surprised. Well, good surprise that is. The length of our enrollment time should have been about 3 years or 36 months. Well, 2 years we just can't complaint about that. They did delivery what they said they would. My wife lost her job at the end of 2007 and it has been very difficult journey for us. Weekly we were getting allot of threatening and harassment debt collector calls. Needless to say, we had well over 45,000 dollars + in debt and our hardship also caused us to go behind on our mortgage. Their debt analyst agent called us one night when we were eating dinner and we never knew about settling debt in an option. We thought bankruptcy is our only choice. We had 700 + credit scores and never late on our payments. We were in dis-belief and thought this was too good to be true. They didn't ask any upfront money whatsoever and their staff was very professional to say the least. We have reviewed all of their agreement and were able to electronic sign our enrollment; that was a nice technology piece I must add. Thereafter, our initial enrollment we have received an introduction package mailed from Lexington and the steps to combat these collection calls. They did give us our rights and taught us how to stand up for ourselves. They were all in the package. We were assigned with our own account and all statements that I faxed were in my account showing up right as PDF just like my bank. We had a total control of our account. We did not suspected any issues that would cause us to be alarmed. We just settled and debt FREEEEEE now. That puts a smile on my face just writing FREEE and now we are finally done. I asked our assigned support agent about this TASC and mentioned about your blog. First I must say, they settled allot less than 45% of what we owned and we even got a refund check from Lexington. The client support agent told me a much different story than what you wrote here Bill. You are correct about that TASC sets many good standards however, it's not required for them to join. The agent told me that TASC in fact is not a non-profit but they do ask $$$$$ to join as member. Now, I was confused first non-profit but they said that TASC do charge company like them to join as member. Well, I don't know why they didn't but I am sure there is a good reason behind it. Thumbs Up!I hope this helps.Sincerely,Michael and Debra B.

Lexington is definitely NOT a member of TASC. I will alert TASC, but sounds like a shady company doing illegal practices.