A routine check on what was going on with former debt relief bigwig Tim McCallan with his bankruptcy case seems to have discovered him in jail. McCallan has been either directly involved in or tangentially involved in a lot of debt relief company iterations that have been shuttered or closed by failure or regulatory action. …
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 …
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 …
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, …
“Dear Steve, A debt consolidation company contacted me by phone this week inquiring if I would be interested in reducing my credit card debt. I listened to what they had to say, however, I did not give them my credit card numbers or bank names as I did not know if they were legitimate or …
Consumer Statement: Debt relief services through Hess Kennedy, transferred for processing to Synthis by Receiver, Daniel Stermer. Funds were withdrawn from bank account and forwared to creditors for several months, then suddenly funds were still being withdrawn from my bank account, but creditors were not being paid. Cannot get any response from Receiver, Stermer, other …
A reader asked the following question, “The receiver in the Hess Kennedy case paid their attorneys over $68,000 and paid himself over $38,000. How come Daniel Stermer is still earning $38k per month?” They provided a link to this file. I took a look at the file and here is a summary of what I …
Ed Charry of Hess Kennedy fame has moved on to a number of new enterprises. One is allegedly called Fidelity Land Trust that the Palm Beach Post reported on here. According to that story about how real estate owners are trying to create a crafty solution to alter their financial obligations tied to their residences …
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 …
“Dear Steve, Not much to say except I got caught up in the Hess Kennedy crap. I have 2 legals & another coming up soon. BUT I have a man at the Binghamton AG’s field office that will help me. He did not like AG Cuomo. My question is this….. what was the date that …