NHC proposed to dissolve our CA LLC and merge to a General Partnership in FL, which would keep the debt. He provided a Legal Opinion written by “attorney” from Legal Counsel Plans Inc, Alfonso Oviedo-Reyes.
We did not agree to any legal restructuring but only interesting debt consolidation.
In Dec we discovered that without our approval or signature, our CA LLC was “merged out” to non-existent FL General Partnership. We got the document from the CA SOS and found that Edward Gregory Steadman had forged signatures on that Dissolution document.
We stopped our payments and they tried play hard ball with notices on the Note as we are defaulting.
Needless to say, I am trying to deal with my debtors after a six month of no action, many have gone to court cases, lots of damages. I find myself having lost $375K to NHC and now servicing my original debt with lots of damages on top.
Other people involved:
Legal Counsel Plans Inc
Consumer Action Taken:
We are working with attorneys to reinstate our CA LLC.
We are working with our debtors to settle
We are thinking of options on taking legal action against NHC.
Your website linked Edward Cherry -> Edward Gregory Steadman -> New Horizon Custodial Funding
If you search for New Horizon Custodial Funding, they have scammed many other companies the same way I am sure.
Date This Problem Happened: August 30, 2016
State You Live in: California
Age Range: 36-50
Total Amount of Fee Paid: $37,500
Company Name: New Horizon Custodial Funding
9900 West Sample Road
Coral Springs, FL 33065
Company Telephone Number:
Website of Company:
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