Miracle Management Consumer Alert

On July 22, 2005, the Arizona State Banking Department issued a Notice of Hearing, alleging that Miracle Management Group and Risk Management Partners had violated the Arizona Debt Management law and engaged in unlicensed activity. The principals of both companies formally signed a Consent Order on August 26, 2005.

The Consent Order prohibits both Miracle Management Group and Risk Management from operating in Arizona as a debt management company. The Order stipulates that the companies shall pay refunds to the out of state individuals identified in the Order and to all Arizona residents.

The Banking Department’s order is final. Any non-Arizona clients seeking relief from Miracle Management Group and Risk Management Partners are encouraged to file a formal complaint with both the Federal Trade Commission and the Attorney General in Arizona and their respective states.

If you are an Arizona resident, Miracle Management Partners has agreed to refund any fees and funds that were not paid to a creditor. Therefore, any Arizona residents who have a claim should file a complaint with the Arizona State Banking Department.

Click here to see the Miracle Management Consent order and affidavit in PDF format.

To print a blank complaint form, click on the button below.

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© 2005 Arizona State Banking Department. All rights reserved.