The bankruptcy trustee in the Chapter 11 bankruptcy cases involving Safe Trust Financial, P & E Solutions and Vertexsoft Corporation requested an emergency motion on May 19, 2011 to seize the companies and convert the bankruptcy filings to a terminal Chapter 7 case. Unfortunately this almost guarantees the clients of those debt relief companies, as creditors’, will receive little in ... Read More »
“Dear Steve, I paid Safetrust Financial for 2 years to settle my debts. They settled just one account and have filed for bankruptcy. Whom could I contact to get my money back? What are my chances of getting my debts settled? Thanks, Stan” The Answer Dear Stan, Safe Trust Financial filed for a Chapter 11 reorganization of their debt and ... Read More »
“Dear Steve, What is the relationship between ESP and Life Guard Financial. My wife was duped out of approximately 10K by Lifeguard. Any chances of getting any money back? What are the chances of getting an attorney or the Fla. Atty. General invoved to get any money back, or is it a lost cause? Ron” The Answer Dear Ron, Probably ... Read More »
On February 7th Safe Trust Financial, Vertexsoft Corporation and P & E Solutions all filed for Chapter 11 bankruptcy protection. What follows is a review of the documents filed in that case to date. As of the date of this article, the case is ongoing and clients have been receiving notices from the bankruptcy court. Read More »
FBL Associates and Evan Kagan, Esq. The Battle Continues. Majority of Surveys Say Clients Feel Misled.
One of the allegations in the ongoing battle between debt relief providers Frank Linder, Esq. of FBL Associates and Evan Kagan, Esq. is the allegation that customer data was stolen from FBL Associates and utilized by the offices of Kagan to persuade clients to leave FBL and join Kagan.. For a number of months I’ve been hearing rumors that the ... Read More »
Expert Settlement Professional (ESP) Debt Settlement Product from P&E Solutions, Appears There is a Big Problem
Here is a tip that I received about ESP debt settlement software. The tip was sent to me at firstname.lastname@example.org. If you have a industry tip, send it in. I just wanted to give you a nugget of insight on the ESP product. You are definitely on to something. This group is swaying companies right and left to join in ... Read More »