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

2018-04-30T10:00:25+00:00 By |Categories: Credit law series, Credit Repair, Legislation, media releases, Shocking News|

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 [...]

Is Malouf Pleading Guilty?

2018-05-01T22:52:39+00:00 By |Categories: Credit Repair|

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 [...]

UPDATE What issues will decide ASIC v Malouf Group?

2018-05-01T21:00:57+00:00 By |Categories: Clearouts, Credit law series, Credit Repair, Defaults, DYK - Did You Know, General, Judgments, Legislation, media releases, Press Releases|Tags: , , , , , , , , , |

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 [...]

The Unexpected Consequences of Being Sued and Then Settling

2017-11-29T16:33:47+00:00 By |Categories: Credit Repair|

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 [...]

Credit Enquiries  – And How They Affect Your Credit Score

2017-10-13T09:49:18+00:00 By |Categories: Business Credit, Clearouts, Consumer, Credit law series, Credit Repair, Defaults, DYK - Did You Know, Enquiries, General, Judgments, Legislation, Overdue Accounts, Removals, Writs|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |

Credit Enquiries  - How They Affect Your Credit Score (And How Just One Particular Credit Enquiry Can Be Very Bad News For Your Finance Application)  By now, you might have heard that your credit application can be declined for a variety of reasons such as Insufficient income or assets, or excessive expenses, and debts. It’s also commonly known that defaults, court judgments, and court writs can also cause your loan application to be declined. But there’s another sinister demon lurking amongst your credit score – deeming you a high [...]

Legal Services Commission or Board QLD – NSW – ACT – VIC – TAS – SA – WA – NT

2017-09-05T05:24:11+00:00 By |Categories: Credit Repair, General, How To:, Legislation|Tags: , , , , , , , , , |

Contact Your Legal Services Commissioner or Board In Your State Below, you will find links to the Legal Services Commissions or Boards in all States and Territories of Australia. Queensland Queensland Legal Services Commission New South Wales NSW Office Of The Legal Services Commissioner Australian Capital Territory ACT Law Society Victoria Victorian Legal Services Board and Commissioner Tasmania Legal Profession Board Of Tasmania South Australia Legal Profession Conduct Commissioner Western Australia Legal Practice Board of Western Australia Northern Territory Law Society of Northern Territory Legal Services Regulators in [...]

ASIC v Malouf Update – Malouf Responds to Allegations

2018-05-01T23:44:21+00:00 By |Categories: Credit law series, Credit Repair, DYK - Did You Know, General, Legislation, media releases, Press Releases|

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 [...]

Unqualified Legal Work Finished – Now To Just Refund All The Fees Charged And Pay All The Fines Imposed By The Court

2017-10-13T07:06:44+00:00 By |Categories: Credit law series, Credit Repair, Legislation|Tags: , , , , , , , , |

Unqualified Legal Work Finished - Now To Just Refund All The Fees Charged And Pay All The Fines Imposed By The Court "I am satisfied beyond reasonable doubt that diverse dates between the 14th of March 2010 and 30th of May 2011, at Bundaberg in the State of Queensland, Henry McKee did, contrary to section 24(1) of the Legal Profession Act 2007 engage in legal practice when he was not an Australian legal practitioner." "BENCH: Upon the finding of guilty, you are formally convicted of each offence. Each [...]

What Sort Of Work Constitutes “Legal Work”? Expanded

2017-09-05T05:24:11+00:00 By |Categories: Credit Repair|

What Constitutes “Legal Work”? (EXPANDED CASE NOTES) DEAN -v- LEGAL PRACTICE BOARD [2015] WASC 260 (7 August 2015) Mr Dean was found to have engaged in legal work for a Mr McCarthy by: “advising him in connection to Family Court of Western Australia proceedings that he was involved in, advising him to initiate an application for the annulment of his marriage, advising him to lodge a caveat in respect of the former matrimonial home and drafting correspondence to be sent to Mr McCarthy's wife in connection with the [...]

What Sort Of Work Constitutes “Legal Work”?

2017-09-05T05:24:11+00:00 By |Categories: Credit Repair|

What Sort Of Work Constitutes "Legal Work"? Regardless of how you describe what you do, if you have an expertise beyond the average person in legal matters and offer to use your knowledge and skills to help someone, that may well be legal work. The type of work concerned can range from providing advice and writing letters, up to attending court. Summary The test for whether work is legal practice is the nature of the work itself, not how it is described by the person doing it.  [...]