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Update 10/5/06: The E-Z Pay Bankruptcy case is proceeding as a Chapter 7 in Jacksonville, FL.  Trustee Robert Altman is hard at work to locate and protect the assets of the E-Z Pay Estate.  He wrote the following Letter to the Medical Providers, and also the following Letter to the Patients

Update 9/20/06: An article on the E-Z Pay situation, "E-Z Pay troubles," was published in the ADA News by author Arlene Furlong. 

Update 8/29/06: We finally received the 2006 wire confirmations from Schwab showing that ADP did in fact pay E-Z Pay as we stated, the updated link is below.  Also, a hearing has been scheduled for September 5th at 3:00 PM PDT in the Bankruptcy Court in Nevada to determine whether E-Z Pay and Debbie Distler sent misinformation to the Doctors about who owed them money, etc. in violation of a prior Court Order. 

Bank Records of ADP Wire Transfers to E-Z Pay--Now including 2006 Schwab wires

Update 8/22/06: Good News--a Chapter 11 Bankruptcy Trustee was appointed today to take over E-Z Pay.  His name is Steve Turoff of The Renaissance Consulting Group, Inc.  http://www.thercgroup.com/  He appears to be well qualified to sort out the truth of what has transpired at E-Z Pay and to determine how best to proceed. 

Update 8/21/06: Due to the rumors we've heard circulating that doctors have been told by E-Z Pay that ADP did NOT purchase contracts from E-Z Pay, we've gotten clearance from our attorneys to post these purchase documents to help clear things up.  These were filed as a part of the Motion to Appoint Trustee on 8/18/06.  We were told that the Trustee will likely be appointed today, great news for both the Doctors and ADP as then someone will be able to figure out the truth of what has been going on. 

ADP Purchase Documents filed along with E. Gangloff Declaration in support of Motion to appoint Chapter 11 Trustee

Update 8/18/06: Good News--at the hearing on 8/18/06 in the United States Bankruptcy Court in Nevada to determine whether a Trustee should be appointed to take over E-Z Pay's affairs, Judge Zive granted the Motion, and a Trustee will be appointed very shortly.  This is important so that we can all find out what E-Z Pay has done with the millions of dollars paid to them by ADP, and hopefully get the company up and running again as well.  This Motion was supported by numerous doctors via their attorneys, as well as by ADP. 

Motion to appoint Chapter 11 Trustee    E. Gangloff Declaration in support of Motion to appoint Chapter 11 Trustee

ADP wrote an updated letter to the Doctors on 8/17/06--you can read it here:

 8/17/06 ADP E-Z Pay Doctor Letter 

If you are an E-Z Pay medical provider, please note that an Involuntary Bankruptcy Petition was filed on August 4th, 2006 in the Nevada Federal Bankruptcy Court against E-Z Pay by a number of doctor's offices.  It is important that your practice's name and address be added to this list if you are owed money by E-Z Pay so that the Court can include you in the proceedings.  If your full practice name and address DO NOT appear on the attached Involuntary Petition Exhibit A, please send an Email to DentistAttyForward@adpfund.com containing your practice name, the total amount owed to you by E-Z Pay, the past-due amount owed to you, and the ongoing monthly amount due to you; mailing address, phone number, and Email address and it will forward to Ms. Janet Chubb, the attorney representing some of the Dentists in the Bankruptcy proceeding, including the Petitioning Creditors. 

Also, if you have been contemplating filing an action against E-Z Pay and/or ADP and Duvera Financial in your State's court, please advise your attorney that this bankruptcy has been filed, and that the appropriate venue for claims is now the United States Bankruptcy Court in and for the District of Nevada.  This will save you from incurring legal expenses twice for the same matter, as we understand that any actions filed in local courts will be removed to the Bankruptcy Court where they can all be consolidated into one proceeding. 

If you are an attorney representing an E-Z Pay medical provider and you wish to contact ADP's legal counsel, please do so at legal@adpfund.com

Also, if you have been provided with any information from a third party regarding ADP and E-Z Pay or information suggesting that you take action against ADP, we would appreciate your forwarding that info and any information you have on the source of the info to us at info@adpfund.com so that we can respond to their concerns. 

Please click here for more information on ADP and E-Z Pay.  Please be aware that ADP has purchased certain accounts receivable from E-Z Pay and ADP is not able to allow any changes to a patient’s account balance except the reductions from payments that they make to their accounts at Duvera Billing.  If you have any further questions for ADP, please contact us at servicing@adpfund.com, or if you do not have Email access call us at the following dedicated number, 702-987-5205. 

 


 

If you would like to reach E-Z Pay, the most recent contact info we have for them is http://www.ezpaydental.com, or 888-857-7140.

 

Sincerely,

 

 

The Management Team

Alternative Debt Portfolios, L.P.

 

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