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George Simons

๐Ÿ‘ค Speaker
180 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Nobody actually knows how many courts there are in the US.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Our estimate is there's like 10 to 30,000 courts in the US and we are quickly becoming the company that can file all those courts.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah, for a few reasons.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

So one, we aren't necessarily, we aren't the judge, right?

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Solstice is not the judge.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

We are empowering consumers to get access to justice in courts.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

And it's still up to the court to decide what justice is.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

But there's a huge power asymmetry, just mind-blowing power asymmetry in the debt collection lawsuits currently.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

And we are seeking to even the playing fields.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

In the news, I think we oftentimes think of lawsuits that we hear about where an individual is going and suing a multi-billion dollar corporation.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

You have a customer that sues McDonald's.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

What we don't oftentimes hear about as much is where these multi-billion dollar corporations are actually suing a lone consumer.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

We have customers that are being sued by Discover Bank.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

It's like Nancy Smith

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

I'm totally fine with them being sued.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

They have a right to pay back.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

And I think regardless of whether or not she owes that money, we are very happy to provide her the support that she needs to get access to justice in court.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

and to fight for her own rights in court.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
SoloSuit Makes $80k/mo Helping Consumers Fight Bank Debt Collectors

So, I mean, what happens here oftentimes that we see is because of the power asymmetry, there's a lot of underhanded moves from the debt collectors.