Recent Articles
Keith Hagan featured on RTV6 expose about Dead Debt Collectors
Journalist Kara Kenney and RTV6 reported today on the nationwide class action filed by Hagan and White, LLP and it’s colleagues, against Asta Funding, LLC, the parent company of Palisades XVI and Palisades Collections, who, together, rank among the largest holders of consumer debts in the nation. Working with the Consumer Law Office of Steve […]
Coalition of State Attorneys General Call for Pink Energy’s Lenders to Suspend Payment Obligations
I am quite frankly amazed that the attorneys general in the 9 most afflicted states have gotten together and presented a common front, not just against Pink Energy – but against the lenders, practically demanding them to suspend payments. From my point of view, it’s the right thing to do – I’ve just never seen […]
Prisoner’s Dilemma and Debt Negotiation
I love having a partner (Keith Hagan) who an expert in game theory. We have business clients (multiple) who are just mired in debt to multiple creditors, any one of which can shut them down to the point where they can’t pay any of them. My partner uses the Prisoner’s Dilemma scenario to keep the […]
Indiana Law Firm Hofer Hagan LLP is beginning work on Pink Energy / PowerHome Solar cases
We are in the early stage of working up a number of Pink Energy solar panel installation cases. The deeper I get into it, the more that I see that it is a major project involving a lot of challenges. I can see why a lot of lawyers want nothing to do with these cases. […]
Hyundai is jumping the shark over its response to the auto theft scandal
Hyundai has been under intensive heat after youtube posts showed how easy it is to steal certain Hyundai models. After a shocking delay, Hyundai announced a solution – an antitheft kit that can be purchased from and installed by dealers – for about $750.00. As this article points out, an owner might be able to […]
The Fall of Pink Energy (also known as Power Home Solar): Don’t let the lenders pull one over on you.
Two years ago, Pink Energy, formerly known as Power Home Solar, was riding high. It was one of the leading companies in home solar installations and a two billion dollar valuation. This week, the company announced that it was shutting down operations and laying off the remainder of its 2,100 employees.The company had built up […]
Broadening our Horizons in Floorplan Defense – Kinetic Advantage, Carbucks, XL Funding, Backlot Cars
Keith Hagan and I have represented hundreds of clients, defending them in lawsuits brought By Nextgear Capital and Automotive Finance Corporation, but in recent months, we have worked cases involving other floorplan lenders as well, Kinetic Advantage, XL Funding, Backlot Cars, and fielded questions regarding Carbucks. If you have issues regarding any of these lenders, […]
The Wild West in 401(k) investment scams
One of the limitations in what investments you can put in 401(k) protected retirement savings plans is that the investment has to be a passive investment. That is: you can’t start a business and put it in your 401(k), or more specifically, the performance of the business can’t depend on your efforts. Lately I have seen […]
On Pareto Efficiency and Business Deals
When I did my undergraduate degree at Purdue University, my major was in Management, and we didn’t have minors as such, we had “concentrations”. One of my “concentrations” was economics, and one of the courses that I took was Public Policy Economics. It was the most surprisingly useful course I took as an undergraduate. In addition […]
A Marked Uptick in Collection Efforts by Nextgear Capital after Judgments
Though Nextgear Capital hasn’t been filing quite as many lawsuits since Covid hit, it looks like they have stepped up their efforts at collecting after judgment. Many people have called us and told us they have received numerous telephone calls from Nextgear’s in-house debt collectors. Because these are business collection accounts, and not consumer collection […]