Hermosa Group, AKA The Hermosa Group was brought to our attention by a recent barrage of television ads advertising their debt settlement program. The ads make them out to be a debt settlement company that offers services nationwide. However, after a lot of digging we discovered that they are simply an advertising and lead generation company that sells information to other debt settlement firms nationwide. There is no actual company registered under that name that we could find, and there is no BBB record under the name Hermosa Group.

Our internet-wide search for information on Hermosa Group turned up quite a bit of chatter from clients who seem to tell a similar story about signing up with them after seeing an ad on TV, only to find that they were then contacted by some other company or law firm that would be handling their case. There also seemed to be quite a few reports of clients not being able to get a hold of anyone after paying initial fees.

Since Hermosa Group is not actually a debt settlement company, we will not be assigning a rating. Our recommendation is to be careful about resonding to ads, especially those on TV. About 80% of the ads you see are simply lead generation companies that will take your information and sell it to as many as 2-10 different companies.

Here are a couple of the comments we found about Hermosa Group:

Be very careful about Hermosa Group. The things they say they can do for you and the law firm you are handed off to for your debt consolidation are not one and the same thing. The ‘Hermosa Group’ I dealt with is supposedly located in Colorado, and they put me in touch with the Palmer Law firm in Rancho Cucamonga, Ca. They do not disclose you will need to pay Palmer xx amount of dollars before they will even being negotiations with your creditors, and this in turn will result in negative credit reporting, and you being summoned into court. The Law firm will also not assist you in providing any legal advice unless you pay a fee direct to one the the lawyers they have retained in your state. These people have $2000 of my money, I just received a summons, and their attorney in my area wants an additional $1000 to represent me in court, with no settlement or relief in site. You need to check carefully before retaining this company, as they are now advertised on TV.

When you see a Hermosa Group commercial you think they are the end users, but look closer. They sell your information to anyone who will buy it (Are they attornies- guess you should ask em). The highest bidder will do. You dial their number, they route you to the buyer of your call. Hermosa Group is just an ad.