I just discovered that the debt relief industry legend, Edward Cherry, is in federal prison. Ed has been tangled in a wide variety of operations that have been the subject of investigations and regulators. The number of past posts about him here is long. Edward Cherry is an enigma. He has been involved in some …
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 …
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 …
For those of us who have been involved in the debt relief industry, there are a couple of landmark events that created havoc for the industry and consumers. Take Ameridebt as an example. Or how about Allegro Law. But then again there were the Morgan Drexen and Legal Helpers Debt Resolution debacles. As an industry, …
Earlier this month I received an email asking if a new website for The Steadman Group was really related to Ed Cherry. For readers who may not recognize the name, Edward Cherry has been a name floated around for some time in the debt relief world. You can click here for some past articles. I …
A tipster (send in your tips here) sent in a tip that Edward Cherry legally changed his name in 2013 from Edward Cherry to Edward Gregory Steadman. Apparently this happened when he applied for the name change in May of 2013 but it was not finalized until July 2013. Normally a name change would be …