Debt Relief Industry

Former TASC Board Member Charged With Driving Under the Influence in Florida

I have no idea in the world how readers of this site find these things. They just arrive in my inbox.

Here is the latest TMZish scoop of the day.

A tipster (send in your tips here) sent in the following mug shot of Nick Passalacqua who was arested and charged with driving under the influence in Florida. Nick is the CEO of and a former TASC (The Association of Settlement Companies) board member. – Source

Not sure what the story is behind this but we now know what Nick was doing on June 19th at 1:21 am., is the largest provider of real-time debt leads in the debt settlement space and generates approximately three thousand leads daily and expects early in the first quarter of 2009 it will be able to take that number to above six thousand. The company owns and operates its own web properties which generates millions of consumers a month that are in need of reducing their credit card payments due to financial hardships. The company estimates in 2008 that it has generated over 2.8 billion dollars in consumer credit card debt inquiries.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

Update 6-24-2011

Just noticed the following Tweet that was sent by @nickpassalacqua

I wonder if this means that commenter aarongibson50 below is really Nick. By the way. I never received a phone number.

I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.

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About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.


  • oca Raton Florida (PRWEB) October 27, 2011 Nick Passalacqua, C.E.O. of lead generation website, has launched another vertical in the life insurance leads arena.

    The company believes that Fortune 100, 500 and 1000 companies are
    more open to taking leads into inventory that are outside of their

    Nick Passalacqua was quoted by saying, “I believe there is huge
    demand from the Prudential’s, American Generals, Met Life’s and
    independent agents across the U.S. and we are going to fill that supply
    gap in a big way.” owns and operates high volume lead generation sites
    across multiple verticals and with the current market conditions the
    company believes that going into the 4th quarter there is no doubt with
    its hyper growth model for the life insurance industry that it will be a
    force to be reckoned with. clients and potential clients now have a great
    opportunity to build their business based on high quality life insurance
    leads through’s lead generation program and its intelligent
    lead distribution platform.
    Nick Passalacqua is known throughout the lead generation industry
    for his knowledge in creating high converting campaigns and
    outperforming client and publisher expectations.

    Nick is known to take a scientific approach to advertising and
    believes by increasing the specificity of messages by using quantitative
    statements, instead of relying on vague qualitative statements to
    better communicate value and ultimately generate more responses. Also,
    by ensuring continuity in every step of a sales funnel so he can keep
    users engaged and motivated throughout the entire process.

    For more information on lead generation services including life insurance leads visit Nick Passalacqua and are located in Boca Raton Florida and have committed to hiring 35 new employees over the next several months.


    Read the full story at
    Read more:

  • “Google also indexes on Wednesday nights.” OMG that’s hilarious. Do you really believe that? 

    Google indexes the web, every second of every day. In fact this site has been crawled by Google 12,154 times in the last 24 hours.

  • So you really want me to go further into this?

    I thought I’d covered this adequately enough in my other comments but let’s take another shot at this for you.

    A reliable tipster thought it was important enough and relevant enough to send it to me. That’s how this made the site.

    If you are going to be pissed off at me then you need to be pissed off at the Palm Beach Post because they reported it first.

    I got the mug shot and details from

    The tipster also sent me other personal details for Nicholas Passalacqua that I did not publish.

    Along with the tip I also received a link to the full booking information, again, that I did not previously publish but here it is for clarity.

    Race: White
    DOB: 07/24/1971
    Address: [I’m Redacting this]
    Gender: Male
    OBTS Number: 5002214589
    Booking Date/Time: 06/19/2011 01:21
    Arresting Agency: 40-DELRAY BEACH
    Officer: OFC LOWRY
    Release Date: 06/19/11 Time: 06:44
    Holds For Other Agencies:No
    Jacket Number: 0260982
    Booking Number: 2011028126
    Booking Date/Time: 06/19/2011 01:21

    He was at least involved in the debt relief industry as a board member of TASC in the last two years and according to other commenters he was still involved in the debt industry after that.

    There has been no denial the facts I published were inaccurate or not factual.

  • How is that important to a debtor consumer or to any member of the debt industry (friend or foe of Steve Rhode). He has not been a TASC Board member or even involved in the debt industry for quite some time. What is newsworthy about this story? I think you report these things just for the controversy and anything “TASC” gets you a lot of comments from a large segment of your readers (TASC haters) and that is always good for a blogger like you who has all the ads that need clicks…

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