The Saga of How the Mighty Fall in Debt Relief – Tim McCallan Bankruptcy

A couple of eagle eye readers spotted a little article in the Orlando Sentinel which announced the bankruptcy filing of one of the debt relief industry kingmakers. Tim McCallan has been a major player in the debt relief industry for decades now. Over the many years of this site I’ve written articles about McCallan, his … Read more

Whatever Happened With My Money From Allegro Law, Americorp, and Tim McCallan?

Question: Dear Steve, I was a victim of Allegro Law and have received my partial distribution. Why has Allegro Law now not permitting us to ask questions? Why have they not updated their site with information in over two years? And finally, will their be a final distribution and when? Thank you. Wayne Answer: Dear … Read more

Is Lee Stein from Hess Kennedy Now Running Defense Lawyers?

A tipster (send in your tips here) sent in a tip that Lee Stein from Hess Kennedy, the attorney run debt contract invalidation company that was seized by an official receiver, is now operating Debt Defense lawyers, PA or Defense Lawyers, PA. The tipster (send in your tips here) says they have a client that … Read more

Credit Exchange Hit With $16.4 Million Judgment

Things are all of a sudden not looking so good for Debt Settlement marketers that were involved with the failed debt settlement, contract validation, and debt reduction services company known most commonly as Hess-Kennedy. On July 28, 2010 Steve Vanderhoof and the Credit Exchange were hit with a $16,388,820 judgment for their marketing and services … Read more

Credit Counseling, Credit Repair, Debt Settlement and Other Scams Are Target of FTC Sweep

The Federal Trade Commission recently annound operation Short Change, an effort to help curb abuses of consumers by groups claiming to offer help. Here is a summary of the companies targeted under Operation Short Change. California Mezey & Associates, Inc., Campos Chartered Law Firm, The Consumer Protection Law Center dba Consumer Law Center, LLC Desist … Read more