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Swiss Debt Pushdown Acquisition Structure – Always Learning Something New

Update February 6, 2018 – The case below was dismissed on February 1, 2018. You can see the Judge’s order here. Someone sent me a copy of a complaint filed against a number of entities in Florida. I get a lot of these things sent to me. But this one caught my eye because it … Read more

New Horizon Custodial Funding – Consumer Complaint – March 10, 2017

Consumer Statement: 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 … Read more

Creditors Concourse Trust – Crazy Times

A reader wanted me to look at the website of a company called Creditors Concourse Trust at cctrusts.net. After looking at the site, I can see why. The site claims to be able to negotiate better terms with creditors by creating a trust which provides collateral security for the creditors in hopes to “obtain lower … Read more