Back in 2009 one of the first debt settlement companies to colossally meltdown was a lawyer run company, Allegro Law. This case involved not only Keith Nelms, Esq. but dragged in groups like Americorp and people like Tim McCallan. A couple of days ago the Trustee in the Allegro Law bankruptcy case had finally cleared all the necessary hurdles and ... Read More »
Americorp Does Not Show Up for Trial. Allegro Law Litigation and Bankruptcy Nearing Completion, Maybe.
It seems like a lifetime ago that I first wrote about the Allegro Law debacle. After Hess Kennedy, Allegro was the next big debt settlement firm to implode. We first wrote about Allegro Law in 2009 and since that time, Allegro Law went out of business, consumers lost money, Keith Nelms lost his law license and went bankrupt, and nobody ... Read More »
Please see updates on July 15, 2013 and July 23, 2013 to this article at bottom. Recently tips and information has been trickling in regarding an old debt relief industry name I had not heard for awhile, Andris Pukke. Pukke was nailed by the FTC for his operation of Ameridebt and even did some jail time for it. You can ... Read More »
Tim McCallan, of AmeriCorp fame has eneted into a stipulated final judgment and order for permanent injunction with the FTC over the FTC action against McCallan and his company IMM Interactive. A tipster (send in your tips here) just sent in this final order to share with you. The court order covers IMM Interactive, Intermark Communications, COPEAC, Intermark Media, Timothy ... Read More »
A tipster (send in your tips here) sent me a message that troubled AmeriCorp company owner Tim McCallan and Tom Roland have embarked on a new endeavor outside of debt relief. This time it’s medical imaging. The new company, Radiology Images Made Simple, Inc is registered at 135 Crossways Park Drive, #203, Woodbury, NY 11797. Coincidently that happens to be ... Read More »
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 attorney model debt relief firm ... Read More »
Not a great month for Tim McCallan of AmeriCorp fame. It looks like his case the bankruptcy trustee filed back in February 2011, trying to claw back money from McCallan’s involvement with AmeriCorp and Allegro Law is still ongoing. The latest event, a notice of appeal by McCallan and AmeriCorp. That suit is about allegations of fraudulent transfers, preference and ... Read More »
Clear Blue Debt Solutions and Synergy Debt Group Look Like a Scam. They Are Not Making Friends in Canada.
I received information from a tipster (send in your tips here) in Canada that wanted to share new information about these companies. The tipster (send in your tips here) said: “I was amazed at how frequently I was lied to when I spoke with employees from these companies. I can’t remember anyone lying to me that much in one conversation ... Read More »
Is Clear Blue Debt Solutions and Synergy Debt Group in Canada Really Run by Tim McCallan and Americorp?
A tipster (send in your tips here) sent me in some information that showed members of AmeriCorp and Intermark Media. You can click on the images below for a bigger view. Pictured (l-r), Back row: Americorp, Ed D’Rozario, Intermark, Joe Hogya, Intermark, Wil Schmidt, Americorp, Ryan Gallagher. Second row; Intermark, Joanna Thalassinos, Intermark, Stefanie Favicchio, Americorp, Maria Napolitano, Americorp, Kathryn ... Read More »
You might have seen the commercials on television for QuiBds.com hyping iPads for $23.74 or Apple MacBook laptop for $24.15 so I thought I’d take a look at the company to see if it’s something you should be careful of. QuiBids is located in Oklahoma and search of corporate records located two companies names QuiBids, all having different registered agents. ... Read More »
A tipster (send in your tips here) has written in and said: Thought you might like to know Vortex/Americorp has now changed their name to Synthis Inc. seems since Missiouri has banned them and the Attorney General has sent letters to consumers to file for a refund that it would be to costly to them to refund all these clients, ... Read More »
In my previous article Tim McCallan And His Nine Lives in the Debt Relief World I covered the role of Tim McCallan in Intermark Communications, which later changed their name to IMM Interactive, but still located at 135 Crossways Park Drive, Woodbury, New York 11797. The FTC took aim at a different product, other than debt relief but it moved ... Read More »
In June, 2010 Chase bank filed an adversarial proceeding against now disbarred attorney Keith “Andy” Nelms in his bankruptcy filing that he filed when his debt settlement law firm, Allegro Law, went bust. The complaint filed by Chase seems to make it pretty clear they are not fans of debt settlement. Chase makes an interesting argument when it says the ... Read More »
Debt Settlement Programs Fail to Reduce Debt in Most Cases, Negatively Affects Credit Ratings, and Leads to Increased Lawsuits and Collection Activities by Creditors
In an announcement by the Attorney General of Alabama, Troy King, he disclosed the results of his investigation into debt settlement practices that resulted in the permanent shutdown of a large attorney run debt settlement company in Alabama but serviced by Tim McCallan’s company, Americorp in New York.. Some of the discoveries as part of his investigation found: It is ... Read More »
Timothy T. McCallan may be the smartest person in the underworld of debt relief industry. Under his direct and indirect manipulation the debt management and debt relief world has changed invisibly over many years. I would argue that Tim McCallan may be the biggest fish to have never been caught in any regulator crackdown. The McCallan story really centers around ... Read More »