11 of 15
BACKNEXT
No relief for Debt Relief USA
No relief for Debt Relief USA
Debt Relief USA, also called No Debt USA, couldn't seem to help itself. The debt-consolidation company filed for Chapter 11 bankruptcy protection in June with $5 million in total liabilities and only $4.65 million in assets. Not only has the company filed for Chapter 11, it has completely shut down, leaving customers out of luck.

"One of the unfortunate consequences is that you are left without the service you have paid for," its Web site now reads, directing current clients to reach out to their own attorneys.

The company site also reported that it faces investigations from the Federal Trade Commission and by the Attorneys General of several states.

NEXT: Recession hits newspapers

Last updated September 25 2009: 2:55 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Lamborghini to unveil 910 horsepower plug-in hybrid The Lamborghini Asterion concept car will have a V10 engine and three electric motors. More
The weapons of The Walking Dead Zombies are fiction, but the weapons on The Walking Dead are real. More
America's oldest workers: Why we refuse to retire! For these seniors, the best retirement is not to retire. From a 102-year-old Wal-Mart worker to an activist park ranger, these workers have stayed on the job well into their golden years. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.