The Northeast is getting record rainfall, and I think most people are just hoping for a little sunshine…and for some of us, warm, dry socks. While rainy days and Mondays might get folks down, there is good news coming out of Washington:
The Internal Revenue Service has canceled the tax-exempt status for some of the nation’s largest educational credit counseling services after audits revealed they exist mainly to prey on debt-ridden customers, Commissioner Mark Everson said Monday.
Related posts:
- Rainy Days and Bad News
- The US Trustee v. Countrywide
- The Joke of the New Bankruptcy Law: Credit Counseling
- Audits Have Returned
- Bankruptcy Credit Counseling: Is it a joke?
Tags: Bankruptcy, Consumer Rights