CreditWrench / Bill Bauer

Discussion of various forms of Advance Fee Fraud, including application fees for loans that never materialize, self-liquidating loan scams, as well as mortgage elimination scams and related debt elimination scams [Nigerian-type scams should go in the Nigerian 4-1-9 forum]
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webhick
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CreditWrench / Bill Bauer

Postby webhick » Fri Mar 14, 2008 4:13 pm

I stumbled across creditwrench.com via the LH forum, and took a peek at it. It appears to be a debt elimination scam, the 02/09/08 blog entry concerns someone with more credit card debt than their yearly salary and the credit card companies want large payments. The person is considering bankrupcy, and this is an excerpt of Bill's response:
Well, let me assure you that there is a better way and that is to learn what they do to you that is illegal and sue them for their violations in federal court. Once you start doing that your debts will go away and never return because you have a legally enforceable contract which they agreed to and signed which says they are not going to pursue the debt and must take it off your credit reports, can't sell or assign it to anyone else and can't discuss the debt with any other party. On top of that they pay you for your court costs instead of you paying them. To sweeten the pot even more you don't pay their attorney anything and they might have to pay you attorney fees for your time and trouble of going to court and maybe even some serious damage money on top of all of that.



It's sounds like a magic bullet...which screams scam to me. Plus he's charging $400 to take the course..

Is this guy a scam artist or what?
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wserra
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Re: CreditWrench / Bill Bauer

Postby wserra » Fri Mar 14, 2008 9:41 pm

webhick wrote:Is this guy a scam artist or what?


Yes (to the "scam artist" part, not the "or what" part). He actually posted here some time ago, and it was a hoot. (It's a real shame that so much of the old boards are gone. There was great stuff there.)

A couple of threads remain, but I don't think his posts are included. See here for an example.
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Re: CreditWrench / Bill Bauer

Postby Judge Roy Bean » Mon Mar 17, 2008 1:36 am

He's a Cornforth promoter and way over the edge racist.
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Joey Smith
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Re: CreditWrench / Bill Bauer

Postby Joey Smith » Sat Mar 22, 2008 2:14 pm

Bauer is also rabidly anti-Quatloos, at one time hosting a "Squatloosers" blog.
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Re: CreditWrench / Bill Bauer

Postby Scott from Vineland » Mon Mar 24, 2008 9:35 pm

Joey Smith wrote:Bauer is also rabidly anti-Quatloos, at one time hosting a "Squatloosers" blog.


Probably didn't like having the glaring light of truth and common sense shone into his dark little corner of the WWW. It's a roach thing... you wouldn't understand.

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Re: CreditWrench / Bill Bauer

Postby Judge Roy Bean » Tue Mar 25, 2008 1:35 pm

For a while, Bauer had a running on-line battle with a guy in Utah by the name of Robert Paisola of "Western Capital Management," a relentless self-promoter who has a Federal sex offender record (child pornography convictions). I know Paisola did time and then got whacked again while under supervised release but can't remember the dates. But we can be sure Billie knows. That is if Billie is actually still around. He's got to be close to 80 by now. :cussout:
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