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

Laura Hess Allegedly At It Again. It Never Ends. Attorneys Sucked Into Mortgage Relief Scheme.

The Office of the Florida Attorney General filed suit against Joseph Bilotti Jr, Laura Hess, Ralph Consiglio, Gary Robillard, Rahim West, Timothy Healy, Stayhome, William Berger & Associates, Home Defense Law Firm, Home Defense Team, Nationwide Foreclosure Defense, Southeast Billing, Zohar Billings, and Tax Rescue Firm. The lawsuit begins with a reintroduction to Laura Hess … 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

Can You Believe Hess Kennedy Debt Settlement Mess Still in the Works?

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, … Read more

Court Provides Background on Edward Cherry Activities in Matter Involving Chase Bank

On April 17, 2012 a Delaware court issued an opinion on the case involving Edward Cherry and Chase Bank. This matter also named the following defendants; Laura Hess, Edward T. Kennedy, Eric Silversen, Home Plate Consultants, Self made LLC, The Consumer Law Center of Delray Beach, The Consumer Law Center of Boca Raton BACKGROUND Defendant … Read more

The Critical Flaw in The Attorney Model for Debt Settlement

It seems in the face of proposed regulation over the debt settlement industry many debt settlement companies are running for the hills and trying to convert their business into one of the many attorney models out there in order to continue their advance fee approach. The companies who are running for the attorney model cover … Read more

Lawyers Lose Licenses Over Debt Relief. Dangerous Waters For All.

This has been a growing story over 2008 but I think it is a good example of the perils that consumers face when trying to get out of debt. We already have been ingrained to not trust credit counselors by the flurry of activity as the IRS targeted credit counselors a few years ago. But … Read more