Is the debt reduction platform legal?

The debt reduction platform violates laws and regulations.

According to Guangzhou Lizhou District Procuratorate, during the period from October to August in 20 19/kloc-0, the criminal suspect Miao lied that a management consulting service company in Guangyuan could provide so-called "debt settlement" service, and defrauded 16 victims successively, signed a debt service agreement with them and forged a consignment contract with a company in Chongqing to defraud RMB in the name of collecting debt service fees. The evidence in this case shows that Miao's company has no real debt service or ability, and the monthly payment to the victim is actually the debt service fee collected in the early stage, so as to maintain a fictional scam. However, many victims were deceived because their claims had not been resolved for a long time before being deceived, and they rushed to the hospital and believed the lies.

At present, the case has been prosecuted in the People's Court of Lizhou District according to law.

Coincidentally, in June and February of 5438 last year, during the "Spring Thunder Action 2020", Dechang County Public Security Bureau and County Market Supervision Bureau received reports from the masses that Dechang County Shuoguo Company was suspected of illegal operation in Dongyunge Hotel. After investigation, the company's "repayment of principal and interest, debt settlement" is not a statutory registered item and has not been registered. In the name of "Guizhou Zhonghe Tianxia Debt Life Service Co., Ltd. Dechang County Office of Liangshan Prefecture, Sichuan Province", the company has carried out "debt relief" service activities for six times, involving more than 2.8 million yuan. The company illegally carried out "debt settlement" service activities, suspected of illegal fund-raising and illegal financial activities, seriously disrupting economic order and endangering the safety of public property.

In addition, on April 15 last year, Li, a citizen of Mengcheng County, reported to Mengcheng County Market Supervision Administration that after he lent money to his friend Mengmou and the agreed period expired, Mengmou was unable to repay it, and Mengmou used the "debt settlement" business carried out by Jin * Trading Company. After negotiation, the company repaid it in installments and agreed to complete the "debt settlement" plan in 12 months.

After the third phase of "debt settlement", Jin X Trading Company failed to repay as agreed, and shirked its big business abroad, and the repayment was delayed again and again. After the expiration of the next month, Li still hasn't received the repayment from Company A.. After investigation by Mengcheng County Market Supervision Administration, the case was suspected of fraud, and Meng and a company defrauded money. According to Li, many people in the company still handle the "debt settlement" business, which has seriously affected social stability.

Mengcheng County Market Supervision Administration reminds the masses that to treat the debt problem correctly, we must solve the debt through legal means, correct our mentality, establish risk awareness, improve our self-protection ability, beware of the temptation of "debt settlement" by individual companies, and avoid being cheated by illegal enterprises.