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Original publisher: Washington: U.S. G.P.O., 2005. LC Number: KF31 .H654 2005a OCLC Number: (OCoLC)60334358 Subject: Finance, Personal -- United ...Show synopsisOriginal publisher: Washington: U.S. G.P.O., 2005. LC Number: KF31 .H654 2005a OCLC Number: (OCoLC)60334358 Subject: Finance, Personal -- United States. Excerpt: ...11 44 owned and controlled by Mr. Pukke. DebtWorks was incorporated on July 21, 1999, purchased certain assets of AmeriDebt on Sep-tember 1, 1999, and signed its first contract with AmeriDebt to pro-45 vide DMP processing on the same day. AmeriDebt simply moved its DMP enrollment employees to a building next door while the DMP processing function ( DebtWorks ) remained in AmeriDebt's 46 original office space. AmeriDebt also opened ' ' branch ' ' DMP en-rollment locations in New York and Florida. AmeriDebt was ini-tially DebtWorks ' sole client, but that was soon to change as AmeriDebt officers, directors, and employees fanned out to form multiple CCAs, each of which subsequently contracted with DebtWorks for DMP processing services. Most or all of the 11 non-profit DebtWorks CCAs were organized by insiders of AmeriDebt or by friends of Mr. Pukke, including: ( 1 ) Edward Catsos, the managing director of AmeriDebt's Florida office 47 and who also organized DebtServe; ( 2 ) Edward's brother, James Catsos, who had served as AmeriDebt's secretary and formed 48 Debticated with Mr. Pukke's brother, Eriks; ( 3 ) Andrew Smith, who served as interim president for AmeriDebt and formed Fairstream; ( 4 ) William Sargent, an AmeriDebt counseling man-44 Articles of Incorporation of DebtWorks, Inc., Bates DWS 001538 - 1541. 45 Id.; Asset Purchase Agreement between AmeriDebt and DebtWorks, dated 9 / 1 / 99, Bates DWS 001526 - 1535; Fulfillment Agreement between AmeriDebt and DebtWorks, dated 9 / 1 / 99. AmeriDebt asserts that a ' ' disinterested board ' ' at AmeriDebt chose DebtWorks to be AmeriDebt's DMP processor after reviewing several bids from other entities. Subcommittee interview of AmeriDebt representative ( 2 / 27 / 04 ). 46 Subcommittee interview of AmeriDebt representative ( 2 / 27 / 04 ). 47 Id. 48 Id...Hide synopsis
Profiteering in a Non-Profit Industry: Abusive Practices in Credit Counseling – Trade paperback
(2010)
by United States Congress Senate Committee (Creator)
Profiteering in a Non-Profit Industry: Abusive Practices in Credit Counseling: Hearing Before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, United States Senate, One Hundred Eighth Congress, Second Session... – Hardcover
(2004)
by United States
Government Printing Office
ISBN: 016073536X
ISBN-13: 9780160735363
Profiteering in a Non-Profit Industry: Abusive Practices in Credit Counseling: Hearing Before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, United States Senate, One Hundred Eighth Congress, Second Session... (Government Printing Office) – Hardcover (2004)
by
United States
Cover may not depict edition offered for sale
Hardcover, Government Printing Office 2004
English
345 pages
Title: Profiteering in a Non-Profit Industry: Abusive Practices in Credit Counseling. Hearing, March 24, 2005 Author:United States ISBN-13:9780160735363 ISBN:016073536X
