Rubber Duck' Reports:
In a fairly recent 2008 memorandum decision in the Supreme Court of New York State, the modus operandi, and therefore inherent personification of the entity, Creditor Interchange, its ownership, management and counselor's is made public for all to see.
Although the defendant was ultimately awarded dismissal, the plaintiff's reference to the use of misleading oral promises, as well of employing dark legal practice' in the phrasing of written contracts by Creditor Interchange is eloquently described within the context of the decision, and could be construed as a warning to others deliberating on whether to enter into any business agreements with the parent company, Credint Holdings, LLC, Creditor Interchange, LLC, its ownership, management, counselor's and others, directly or indirectly involved with its affiliated businesses and/or ad hoc associations.
The text of the above referenced proceeding is posted on the internet at: http://www.nycourts. Gov/courts/comdiv/PDFs/8th JD DOIs/Gouchie MD. Pdf
The plaintiff in the proceeding, Mr. Kenneth Gouchie, may or may not be petitioned for advice regarding Creditor Interchange and his original complaint. It's possible that he may be contacted at:
Kenneth P. Gouchie
1800 Highland Ave
Fall River, MA 02720
(508) 567-3395
It is of additional interest that the planned acquisition of Creditor Interchange by Debt Resolve, Inc. (AMEX: DRV), terminated by the buyer, was due to Creditors Interchange's breach of its representations and warranties under the purchase agreement related to its financial condition as well as the existence of a material adverse change in the financial condition of Creditors Interchange. Debt Resolve Co-Chairman and CEO, James D. Burchetta said: "We are extremely disappointed we had to terminate our efforts to acquire Creditors Interchange. Unfortunately, the deterioration of the financial condition of Creditors Interchange left us no choice.
Additional references:
1) Chairman, providing guidance for Creditor Interchange is: Mr. Bryan Daniels, of Prairie Capital:
300 S. Wacker Drive #1050
Chicago IL 60606
(312) 360-1133
[email protected]
www.prairie-capital.com
2) March 12 Gary Holter Named as President & CEO of Creditors Interchange.
BACKGROUND
Gary Holter has been President and Chief Executive Officer of Creditors Interchange, Inc. Since March 13. Mr. Holter has been Chief Financial Officer of Creditors Interchange, Inc. Since 2003. Mr. Holter is responsible for all aspects of the Creditors Interchange's operations. He has over twenty-five years of operational management experience through various executive level positions in a broad range of industries.
3) Joseph Jerge acts as Senior Vice President of Collections at corporate headquarters.
4} Thomas Wilcox acts as Director of Marketing at corporate headquarters.
5) Creditors Interchange Corporate Office:
80 Holtz Drive,
Cheektowaga, New York 14225
Phone: 716-614-7500
Fax: 716-614-7546
www.Creditorsinterchange.com
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