EFA Processing Takedown Request Makes Me Want to Examine the Facts

As a result of a takedown request this site received regarding a guest post here, I decided to look into the facts that were publicly verifiable. What you find below is not really an article, but the results of my research.

The contributed article by Jason Spencer, here, is his statement of opinion and internal facts as he knew them. I have asked EFA Processing to please identify any facts Jason Spencer stated that were untrue or incorrect.

Please feel free to compare the facts below to the guest post Former Dextral Managing Director Shares His Bold Story About Ken Talbert and help identify any inconsistencies between the guest post and the information below.


According to public records, Kenneth L. Talbert is the managing member of DebtXS I LLC. According to the 2012 public filing Kenneth Talbert signs the document as Pres of GP. – Source

DebtXS Management, LLC

According to public records, Kenneth L. Talbert is the managing member of DebtXS Management, LLC. According to the 2012 public filing Kenneth Talbert signs the document as Pres of GP. – Source

Safeguard Recovery

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Safeguard Capital, LLC is a Nevada LLC with Jeff Carlson as manager. – Source

Safeguard Capital, LLC was changed to Safeguard Recovery, LLC on October 6, 2009. – Source

For public record filing date December 31, 2010, James Talbert was added as owner of Safeguard Recovery, LLC and Brian King was the director. – Source

According to Nevada public records, James Talbert is the managing member of Safeguard Capital, LLC and the LLC is in default as of December 31, 2012. – Source

Safeguard Recovery, LLC is registered as a consumer lender in Utah. – Source

Safeguard Recovery was listed as having their financial statements reviewed on January 29, 2013 in Nebraska. – Source

Safeguard Recovery was mentioned in the Collection Agency Board Meeting minutes in Wyoming on March 14, 2012. Safeguard Recovery is registered in Wyoming as a foreign LLC on November 10, 2011. – Source

Safeguard Capital, LLC

Safeguard Capital in Texas was registered on January 25, 2010. According to public records the organizing persons were James Talbert and Jeff Carlson. – Source

According to the State of Nevada, James Talbert is the current managing member of Safeguard Capital that was registered on December 3, 2009. – Source

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And admittedly this does become confusing since Safeguard Capital, LLC a Texas company changed it’s names to Safeguard Recovery, LLC on October 6, 2009. – Source

Eckity Capital Markets, LLC

Original Texas filing date was July 19, 2007. It was listed as a debt buying company and said to be a Nevada formed company. The name of the governing person is Kenneth L. Talbert. – Source

For report filing year 2008, Kenneth L. Talbert is listed as the managing member. – Source

For report filing year 2009 James Talbert and Jeffrey Carlson are now listed as the members of the company. – Source

James Talbert in Texas

The State of Texas lists the following under the name James Talbert in Texas.

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Eckity Capital Markets, Safeguard Recovery, Safeguard Capital, and Sphere Funding.


The domain name safeguardrecovery.com is owned by James Talbert. The name was originally owned by Jeffrey Carlson when it was registered on October 22, 2009. Ownership of the domain name was not transferred to James Talbert until October 1, 2011, according to public records.

The following websites exist on the same server.


Kenneth Talbert in Texas

The State of Texas lists the following under the name Kenneth Talbert in Texas.

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Dextral Capital, Broadsword Financial, Broadsword Student Advantage, Broadsword Advantage, DXS Loss Mitigation Services, DXS LMS Management, DXS Financial Recovery, Requestex, CocoaLife, Round Table Title, CURE Management, EFA Data Processing, Ultra Tri-Slim, Dextral Capital Management Fund, KEN TALBERT DRYWALL, PURE ENERGY PARTNERS, NEXTWARE PROPERTY, INTERNEXT IDEA, DXS LMS Management, C X Management, CocoaLife of Texas, JBKT Management, DebtXS, DR Options, Braxton Downs, Eckity First Associates, LibertyNow, SCA Advisors, DebtXS Management, Talbert Farms, LibertyPlan, Xtra Marketing Services Management, DXS Technology Management, Requestex Management, Talon Lead Management, and Clear Debt Results.

EFA Processing in Texas

According to State of Texas records, EFA Processing is owned/managed by general partner Eckity First Associates, Inc., a Nevada corporation, which reports Kenneth Talbert is the President of Eckity First Associates, Inc. – Source

Dextral Capital Management Fund

According to State of Texas records the company is managed by Dextral Capital, LP as general partner.

The company registered in Texas on July 8, 2009 as a Delaware foreign corporation. The document is signed by Dextral Capital and Braxton Downs as general partners and Kenneth Talbert as manager. – Source

Jason Spencer identifies himself as managing partner of Dextral Capital Management. – Source


James Talbert has a number of connection to other companies as reported by one site.

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Additional Data Supplied

Additional information and data had been submitted to us by Jason Spencer as he briefly mentions in his contributed article. We did not publish the attachments Spencer referred to in his guest post when he said “(I have attached docs)”.


Of the information that can be publicly verified I have been unable to locate information that EFA Processing objects to as “replete with falsehoods, misstatements of verifiable facts, and malicious lies.”

The offer still stands for EFA Processing to please provide some clarity and rebuttal to any fact they objected to in Jason Spencer’s guest post. And also to identify any information in this post that is wrong or incorrect.

The absolute last thing we want to do is publish anything that is incorrect. If anyone finds something that needs to be corrected, please use this form.


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.

Do you have a question you'd like to ask me for free? Go ahead and click here.

Damon Day - Pro Debt Coach

Update February 14, 2013

A reader said: “I knew those names sounded familiar, Consumer Law Associates paid EFA Processing over 85 percent of their “legal fees” and the Consumer Law Associates “attorneys” Tom Panuthos and Will Grafton also worked in the EFA offices. Consumer Law Associates shut down to new clients last year, but I wonder if Ken Talbert and his “hedge fund” sued any of their clients. And who is Bill Talbert?”

I have no idea if the allegations made by the reader are accurate. The reader referred me to these court documents. They do mention a William R. Talbert and New Leaf Debt. – Source

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