Articles and Advice

Here at Innovation Financial Consulting, we are dedicated to not only helping you get back on track to financial freedom, but also to keeping you informed of all of your options. Below, you will find articles from leading newspapers and news outlets regarding the debt and credit industries.

Latest News

USOBA Announces its First Round of
Conference Speakers
Houston - The United States Organizations for Bankruptcy Alternatives (USOBA), a trade association for the debt settlement industry advocating for fair regulation and consumer protection, confirmed the first group of speakers for its 2009 Summer Conference today. This summer, the conference will be at the Hyatt Regency in Chicago, IL from June 7 - 9. USOBA encourages all of its members as well as non-members to attend the conferences.read more
FTC Charges 'Credit Card' Companies with Deceptive Marketing
The Federal Trade Commission has filed a complaint in federal court alleging that a catalog credit card operation deceptively marketed its card, failed to honor its refund policy, and charged up-front fees for a guaranteed line of credit. The defendants, who charged consumers hundreds of dollars in fees for the card, voluntarily agreed to an order that prohibits the practices alleged in the complaint pending trial. The FTC seeks to permanently stop the unlawful practices and make the defendants provide refunds to consumers.read more
USOBA Announces Speakers for its 2009
Winter Conference
Houston, TX (Vocus) October 9, 2009 -- The United States Organizations for Bankruptcy Alternatives (USOBA), a trade association advocating for fair regulation and consumer protection in the debt settlement industry, confirmed speakers for its 2009 Winter Conference today. This year, the conference will be at the Adolphus Hotel in Dallas, Texas from November 5 - 6. USOBA encourages all of its members as well as non-members to attend the conferences.read more
Economic Factors and the Debt
Management Industry
The current economic climate makes the need for debt management programs even more acute. More consumers are finding themselves in financial hardship due to high unemployment, low home equity rates, lack of access to bankruptcy protection, and the “credit crunch” so well documented in the press and by legislators. This economic climate implies that many consumers are one emergency away from financial hardship. There is no question that the multitude of people currently in financial distress need programs that reduce the principal of their debt to stave off bankruptcy.read more
The Debt Settlement Industry Is Busy
The debt settlement industry is busy Peter Wynn Thompson for The New York Times
With the recent crackdown by the White House on abusive credit card companies, financial institutions that negotiate consumer debt also is in the cross hairs of the FTC and regulators. On June 9th, 2009, the United States Organizations for Bankruptcy Alternatives held a trade conference in Chicago IL to discuss the state of the industry, and to re-affirm ties with trustworthy and legitimate bankruptcy alternative companies. Here at Innovation Financial Consulting, we are dedicated to providing ethical and extraordinary service to our clients. You can be sure we will do all in our power to help you back on the road to financial freedom. read more