Back in 2009 one of the first debt settlement companies to colossally meltdown was a lawyer run company, Allegro Law. This case involved not only Keith Nelms, Esq. but dragged in groups like Americorp and people like Tim McCallan. A couple of days ago the Trustee in the Allegro Law bankruptcy case had finally cleared all the necessary hurdles and ... Read More »
Americorp Does Not Show Up for Trial. Allegro Law Litigation and Bankruptcy Nearing Completion, Maybe.
It seems like a lifetime ago that I first wrote about the Allegro Law debacle. After Hess Kennedy, Allegro was the next big debt settlement firm to implode. We first wrote about Allegro Law in 2009 and since that time, Allegro Law went out of business, consumers lost money, Keith Nelms lost his law license and went bankrupt, and nobody ... Read More »
A tipster (send in your tips here) sent me a message that troubled AmeriCorp company owner Tim McCallan and Tom Roland have embarked on a new endeavor outside of debt relief. This time it’s medical imaging. The new company, Radiology Images Made Simple, Inc is registered at 135 Crossways Park Drive, #203, Woodbury, NY 11797. Coincidently that happens to be ... Read More »
Allegro Law was an attorney model debt settlement company that charged advanced fees for services to consumers. The group previously fell and Keith Nelms, Esq. was subsequently disbarred and filed a Chapter 7 bankruptcy, taking client deposits with it. The Allegro Law debacle follows in line with the mess created previously by Hess Kennedy, another attorney model debt relief firm ... Read More »
New news out about Florida based Elimidebt Management Systems seems to indicate the West Virginia Attorney General is none too happy with them or Thomas Roland, the guy behind DebtWave Credit Counseling and Coastal Credit Solutions.After looking at the Elimidebt website it appears they are trying to steer people away from bankruptcy and into a debt management and potentially a debt settlement program. I did a little research and see they are involved with Americorp, the debt settlement servicing firm in New York that also served the accounts for Hess Kennedy in Florida and Allegro Law in Alabama, both of which have been shut down by their respective states.
On Tuesday, the attorney general's office asked a Kanawha circuit judge to force Elimidebt Management Services and its president, Thomas Roland, to comply with an agreement to pay back money illegally collected from West Virginia consumers.The Orlando, Fla.-based company entered into an "assurance of discontinuance" agreement on June 11, agreeing to pay back $6,661 of fees it wrongly charged its customers.But the real amount was almost $80,000, and Elimidebt hasn't even paid the original $6,600, according to Tuesday's petition. SourceAnother debt relief company, American Debt Counseling, caught up in the initial West Virginia roundup ended up making one of four payments to the Attorney General and then went bankrupt.Well if the WV AG wants to get some of their money back, he better act fast. According to the last non-profit 990 tax return available that Elimidebt filed, the company lost $592,213.