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  • Report:  #1391697

Complaint Review: Protection Legal Group - Schaumburg Illinois

Reported By:
Paris - Fayetteville, Georgia, USA
Submitted:
Updated:

Protection Legal Group
1821 Walden Office Square Ste. 400 Schaumburg, 60173 Illinois, USA
Phone:
866-237-4888
Web:
N/A
Categories:
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In May 2017 Frank Giancola of Corporate Baillout (an affilate of Protective Legal Group) contacted me in reference to a merchant cash advance I had taken out. He told me his company Corportate Bailout along with their legal team (Protection Legal Group) could get me out of the merchant cash advance and save me at least 50% on the balance. He advised me to stop paying the merchant advance and establish a secure account to biuld escrow with this company. These funds were to suppose to be in a secure accout and nothing was suppose to be deducted except a small transaction fee. I agreeed to deposite $950.10 for 35 weeks and that was suppose to cover the debt settlement along with their fee.  He guaranteed the case would be settled for about 33k or less and the it would not go to litgation.  After having  lawsuit filed against me and depositing $9501.00 into the account Patrick Sheehan in the New Jerssy location told me that I should have read the contract fully because their solicitors aren't always truthful about the program.  None of money given them in the two months that I've paid into this account has gone toward any settlement offer.  Now that its in litigation Patrick told me the best they can get is a $40k  setllement whicih does not include the $10k I've already given them.  So I started with a $45k  debt and ended up with a $50k debt in less than 2 months.  Anyone thinking of using this firm needs to stay as far away as possible. They will steal your money



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