The company Universal Debt Management LLC, is owned by the same group of employees and shareholders as Debt Relief USA that is in the process of filing for bankruptcy. You can go to www.drusabankruptcy.com for more information. On this site, you will find transfers to Insiders to both Matt Oliver and Valerie Leath.
In fact, Glen Hines, who helped form this corporation, was in charge of the debt settlement department. Ironically, he could not settle the client's debt at Debt Relief USA. Now he has the audacity to form a new company. Shame on you! Former Debt Relief USA clients should call Glen to help finish settling the debt he just left them hanging with that they already paid for!
Matt Oliver, also a former shareholder and employee of Debt Relief USA is now listed as a shareholder of this Universal Debt Management. His position was a debt consultant at Debt Relief USA.
Oliver, Matthew C.
ADP Direct Deposit 07/04/2008 Direct Depos Payroll for Period of 06.16.08 to 06.29.08 1,997.97
Check 07/07/2008 64138 Special Sales Bonus - worked night 7-3-08 - approved KReilly 75.00
Check 07/10/2008 64153 Distribution of Profits - JUN 2008 1,400.00
ADP Direct Deposit 07/18/2008 Direct Depos Payroll for Period of 06.30.08 to 07.13.08 1,492.23
Check 07/31/2008 64228 Partial Distribution of Profits - July 2008 600.00
ADP Direct Deposit 08/01/2008 Direct Depos Payroll for Period of 07.14.08 to 07.27.08 1,301.82
Check 08/14/2008 64286 Partial Distribution of Profits #2 JULY 2008 600.00
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Debt Relief USA, Inc.
Schedule 3.c
Transfers to Insiders
Employee Payment to: Type Date Num Memo Amount
ADP Direct Deposit 08/15/2008 Direct Depos Payroll for Period of 07.28.08 to 08.10.08 1,301.82
Check 08/25/2008 64303 Special Sales Bonus wk. ending 8/22/08 (15 sales) 75.00
ADP Direct Deposit 08/29/2008 Direct Depos Payroll for Period of 08.11.08 to 08.24.08 1,491.97
ADP Direct Deposit 09/12/2008 Direct Depos Payroll for Period of 08.25.08 to 09.07.08 563.65
Check 09/22/2008 64410 Special Sales Bonus W/E 9/19/08 15+ Sales per KER 100.00
ADP Direct Deposit 09/26/2008 Direct Depos Payroll for Period of 09.08.08 to 09.21.08 1,139.47
ADP Direct Deposit 10/10/2008 Direct Depos Payroll for Period of 09.22.08 to 10.05.08 901.13
ADP Direct Deposit 10/24/2008 Direct Depos Payroll for Period of 10.06.08 to 10.19.08 471.30
Check 10/28/2008 64582 Special Sales Bonus: 5 or 5+ Sales 10/28/08 per KER 75.00
Check 11/06/2008 64631 Special Sales Bonus: 5 or 5+ Sales-11/05/08 per KER 75.00
ADP Direct Deposit 11/07/2008 Direct Depos Payroll for Period of 10.20.08 to 11.02.08 503.94
ADP Direct Deposit 11/21/2008 Direct Depos Payroll for Period of 11.03.08 to 11.16.08 1,331.69
Check 11/24/2008 64707 Special THANKSGIVING Bonus - per KER 30.00
ADP Direct Deposit 12/05/2008 Direct Depos Payroll for Period of 11.17.08 to 11.30.08 209.46
Check 12/11/2008 64818 Special CHRISTMAS Bonus per Kelly, Jim , and Al 75.00
ADP Direct Deposit 12/19/2008 Direct Depos Payroll for Period of 12.01.08 to 12.14.08 140.72
Check 12/23/2008 64889 Special Sales Bonus to Balance Pay at Year End 500.00
ADP Direct Deposit 01/02/2009 Direct Depos Payroll for Period of 12.15.08 to 12.28.08 15.86
ADP Direct Deposit 01/16/2009 Direct Depos Payroll for Period of 12.29.08 to 01.11.09 923.50
Valerie Leath, also a former employee and shareholder, of Debt Relief USA, was the Vice President.
Leath, Valerie S
ADP Direct Deposit 07/04/2008 Direct Depos Payroll for Period of 06.16.08 to 06.29.08 1,693.98
Check 07/10/2008 64151 Distribution of Profits - JUN 2008 2,100.00
ADP Direct Deposit 07/18/2008 Direct Depos Payroll for Period of 06.30.08 to 07.13.08 1,693.99
Check 07/31/2008 64226 Partial Distribution of Profits - July 2008 900.00
ADP Direct Deposit 08/01/2008 Direct Depos Payroll for Period of 07.14.08 to 07.27.08 1,693.99
Check 08/14/2008 64284 Partial Distribution of Profits #2 JULY 2008 900.00
ADP Direct Deposit 08/15/2008 Direct Depos Payroll for Period of 07.28.08 to 08.10.08 1,693.98
ADP Direct Deposit 08/29/2008 Direct Depos Payroll for Period of 08.11.08 to 08.24.08 1,828.97
ADP Direct Deposit 09/12/2008 Direct Depos Payroll for Period of 08.25.08 to 09.07.08 1,693.98
ADP Direct Deposit 09/26/2008 Direct Depos Payroll for Period of 09.08.08 to 09.21.08 1,693.99
ADP Direct Deposit 10/10/2008 Direct Depos Payroll for Period of 09.22.08 to 10.05.08 1,693.99
ADP Direct Deposit 10/24/2008 Direct Depos Payroll for Period of 10.06.08 to 10.19.08 1,693.98
ADP Direct Deposit 11/07/2008 Direct Depos Payroll for Period of 10.20.08 to 11.02.08 1,524.49
ADP Direct Deposit 11/21/2008 Direct Depos Payroll for Period of 11.03.08 to 11.16.08 1,693.99
Check 11/24/2008 64727 Special THANKSGIVING Bonus - per KER 30.00
ADP Direct Deposit 12/05/2008 Direct Depos Payroll for Period of 11.17.08 to 11.30.08 1,691.69
Check 12/11/2008 64838 Special CHRISTMAS Bonus per Kelly, Jim , and Al 75.00
ADP Direct Deposit 12/19/2008 Direct Depos Payroll for Period of 12.01.08 to 12.14.08 1,688.25
ADP Direct Deposit 01/02/2009 Direct Depos Payroll for Period of 12.15.08 to 12.28.08 1,702.60
ADP Direct Deposit 01/16/2009 Direct Depos Payroll for Period of 12.29.08 to 01.11.09 1,702.59
ADP Direct Deposit 01/30/2009 Direct Depos Payroll for Period of 01.12.09 to 01.25.09 1,837.58
ADP Direct Deposit 02/13/2009 Direct Depos Payroll for Period of 01.26.09 to 02.08.09 1,702.60
ADP Direct Deposit 02/27/2009 Direct Depos Payroll for Period of 02.09.09 to 02.22.09 1,702.59
ADP Direct Deposit 03/13/2009 Direct Depos Payroll for Period of 02.23.09 to 03.08.09 1,702.60
ADP Direct Deposit 03/27/2009 Direct Depos Payroll for Period of 03.09.09 to 03.22.09 1,723.10
ADP Direct Deposit 04/10/2009 Direct Depos Payroll for Period of 03.23.09 to 04.05.09 1,723.09
ADP Direct Deposit 04/24/2009 Direct Depos Payroll for Period of 04.06.09 to 04.19.09 1,723.10
ADP Direct Deposit 05/08/2009 Direct Depos Payroll for Period of 04.20.09 to 05.03.09 1,758.08
Check 05/22/2009 65297 FINAL PAY - 3 weeks Vacation 2,643.98
If you really want to know these peoples true track record and how they do debt settlement, just look up Debt Relief USA and you can see for yourself.