Seems like the pennies on the dollar settlement once promised by JK Harris have come full circle:
http://www.loansafe.org/jk-harris-in-liquidation
JK Harris and Co., at one point a nationwide firm offering to settle people’s tax debts for pennies on the dollar, came to a humble end in a Charleston courtroom Tuesday.
Dogged by consumer complaints and large legal settlements, deeply in debt and unable to find a way out, the Goose Creek-based company’s proposed bankruptcy restructuring was converted to a liquidation. A trustee has been assigned to scrounge up what assets she can find to repay creditors.
Many creditors, including consumers who are collectively owed millions from settlements of claims that the company misled them, will get nothing.
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