Patrick Earl

About Patrick Earl

This author has not yet filled in any details.
So far Patrick Earl has created 6 blog entries.

What Jordan Malouf And His Company Malouf Group Enterprises Have Admitted They Did Wrong

What Jordan Malouf And His Company Malouf Group Enterprises* Have Admitted They Did Wrong! Court Orders Jordan Malouf And Company To Pay $1.7 Million *Jordan Malouf's Business Names & Websites: Credit Clean Australia; Credit Wash; Credit Fix Australia; CreditYourCredit; Clean Your Credit; CreditCleanAustralia.com.au; MGEonline.com.au; CreditWash.com.au; CreditFixAustralia.com.au; and CleanYourCredit.com.au. Further to our initial report on the Court Orders: The Federal Court has now published the text of the orders made on Monday 23 April 2018 allowing us to examine the declarations of fact in addition to the orders (already reported) [...]

2018-05-01T21:51:52+10:000 Comments
Read More

Clear Credit Solutions Pty Ltd (Clear Credit) pays $21,600 after ASIC investigation

Clear Credit Solutions Pty Ltd (Clear Credit) Of Coffs Harbour Pays $21,600 ASIC Infringement Notice For False & Misleading Claims Clear Credit Solutions Fined $21600 By ASIC for False & Misleading Claims If you overstate your business’s abilities or claim plaudits that you cannot justify the ASIC will happily take you to task and put you to expense. In November 2016 Clear Credit said it was “voted Australia’s most trusted credit restoration service”.  ASIC was unable to find (or be provided) evidence of that vote having had occurred. In March [...]

2018-04-30T10:00:25+10:000 Comments
Read More

Is Malouf Pleading Guilty?

Is Malouf Pleading Guilty? Recent developments in the Federal Court suggest a “plea deal” of some sort between the ASIC and Malouf Group Enterprises Pty Ltd (“MGE”) and Jordan Malouf (“Mr Malouf”) and raise the question, "Is Malouf Pleading Guilty?" Could Jordan Malouf Pleading Guilty be the reason that on 19 February 2018, the parties agreed to vacate the trial dates and instead list it for final orders by consent on 23 April 2018. We don’t know what orders are being sought yet but there are some clues of Mr Malouf [...]

2018-05-01T22:52:39+10:000 Comments
Read More

UPDATE What issues will decide ASIC v Malouf Group?

Our Previous note said- On 31 July 2017 Malouf Group Enterprises (MGE) And Mr Malouf Filed A 5 Page Response To  ASIC’s Concise Statement. Pssst... Have You Heard The Latest On... What Does Malouf Group Enterprises (MGE) Deny Saying? Malouf Group Enterprises denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: MGE could determine whether negative listings had been correctly listed on a consumers credit file; after receiving the consumer’s application, MGE would obtain the consumer’s credit report to establish [...]

2018-05-01T21:00:57+10:000 Comments
Read More

The Unexpected Consequences of Being Sued and Then Settling

If your client is sued you should have any settlement subject to the claim being dismissed (not discontinued) or your client’s credit history will be impacted, thanks to the decision of a Credit Reporting Body.   If your client has a demerit listed on their credit history it will impact on their ability to borrow funds. In this article we look at the effect being named as a defendant in litigation has on your credit history. Background Legislation The credit reporting regime in Australia is largely centred around the Privacy Act,  the [...]

2017-11-29T16:33:47+10:000 Comments
Read More

ASIC v Malouf Update – Malouf Responds to Allegations

ASIC v Malouf Update - Malouf Responds to Allegations Malouf responds and on 31 July 2017, Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to ASIC's concise statement. What Does MGE Deny? Malouf responds and denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings had been correctly listed on a consumers credit file; b) after receiving the consumer's application, MGE would obtain the consumer’s credit report to establish whether the consumer's credit [...]

2018-05-01T23:44:21+10:000 Comments
Read More