Debt relief firm accused of scheme involving court-appointed lawyers

By Katryna Perera (July 19, 2022, 6:36 p.m. EDT) — A financial services company has been the subject of a class action lawsuit brought by a woman who claims the company is the “central actor” in a scheme debt relief scam in which he hires lawyers to do little or no negotiation with creditors while charging clients more than the laws allow.

Plaintiff Julia Briggs filed her lawsuit in Illinois federal court on Monday against Strategic Financial Solutions LLC and its subsidiary Versara Lending LLC. She accuses Strategic Financial of conspiring to “maximize” its billing opportunities while concealing its true operations and relationships with its affiliates.

Briggs alleges that Strategic Financial, or SFS, recruited a “network of…

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