Hays Finanical Consultants Atlanta Georgia

Milton Hall Surgical Associates, LLC

Mr. Hays was appointed as Receiver to manage a medical practice with 12 entities and 150 employees while the business was being marketed for sale. The business was sold in May, 2024.

OGUSA Assignee, Inc. / Omnico Group USA, Inc.

Omnico Group USA, Inc. f/k/a Matra Systems, Inc.  (the “Assignor”) assigned all of its assets to OGUSA Assignee, Inc. (“Assignee”) to be administered for the benefit of the creditors of Assignor  The assets were assigned to the Assignee on June 24, 2022 pursuant to an Assignment for Benefit of Creditors (“ABC”) under Georgia law.

S. Gregory Hays serves as the President of the Assignee and is in the process of liquidating the remaining assets that were assigned by the Assignor. An ABC is a statutory out of court liquidation process. The assets of the company are assigned to a third party fiduciary that is responsible for liquidating the assets, recovering funds, and making a distribution to creditors. All assets are assigned through a Deed of Assignment (“Deed”), which is filed in county property records which transfers the assets from the Assignor to the Assignee. In connection with the Deed, the Assignor signed an affidavit stating under oath that the Deed transferred all assets and property to the Assignee.

The Assignee was appointed on June 27, 2022 and is moving quickly to liquidate assets and gain a detailed understanding of the assets and claims. It is early in the process and the Assignee is  uncertain what funds will be available after payment of administrative expenses to make payment to unsecured creditors.

American Underwriting Services LLC

American Underwriting Services LLC (“AUS”) filed a Voluntary Petition seeking relief under Chapter 11 of the Bankruptcy Code on May 18, 2018.  On June 27, 2018, S. Gregory Hays was appointed as the Chapter 11 Trustee for AUS.

The Trustee has determined that it is no longer feasible for AUS to conduct business operations and the Trustee is accordingly closing the AUS Office and terminating its remaining employees.  The Trustee has also filed a Motion to Convert the AUS Bankruptcy Case to a Chapter 7 Liquidation Case and the Bankruptcy Court has scheduled a hearing for Tuesday, July 31, 2018 to consider this Motion.

AUS is ceasing all business operations effective immediately and will no longer service any policies, bind any coverages or accept any new policies or amendments thereto.  The remaining employees of AUS will be terminated as of July 31, 2018 and no one will be available to address any policy issues after that date.  To the extent that your firm needs to make alternate arrangements to service your insurance needs, you should do so immediately.

 You will receive a notice and claim form after the case is converted.

MLGNL Assignee / Mori Luggage & Gifts

MLG Northlake, Inc. f/k/a Mori Luggage & Gifts, Inc. (“MLG” or the “Assignor“) sold the majority of its assets on February 1, 2018. The proceeds from the sale were used to pay down a portion of its secured debt and all of its remaining assets were assigned to MLGNL Assignee, Inc. (“Assignee“) to be administered for the benefit of the creditors of MLG. The assets were assigned to the Assignee on April 10, 2018 pursuant to an Assignment for Benefit of Creditors (“ABC“) under Georgia law. S. Gregory Hays serves as the President of the Assignee and is in the process of liquidating the remaining assets that were assigned by the Assignor.

Laptop & Desktop Repair, LLC

Hays was appointed as Receiver for this operating business in Reno, Nevada on September 26, 2016.


Jova/Daniels/Busby Inc., one of  Atlanta’s oldest architectural firms, founded in 1966, filed Ch. 7 bankruptcy on January 14, 2013 and Mr. Hays was appointed as the Chapter 7 trustee. The Trustee is in process of investigating the case and determining the status of client engagements.

Alpha Protective Services

Alpha Protective Services, Inc. (“APSI”) filed a Chapter 11 bankruptcy petition on April 12, 2012 and
continued operations during the Chapter 11 with the consent of its primary lender. APSI was allowed to
use the Lender’s cash collateral under strict guidelines to fund business operations including
payroll. After APSI defaulted under the terms of those agreements, the Lender withdrew its consent
and refused to consent to payroll being funded from the cash collateral and Neil Gordon was appointed
as the Chapter 11 trustee( the “Trustee”) on December 18, 2012.
On December 14, 2012, the Bankruptcy Court began the first day of hearings on whether APSI would be
permitted to continue using the lender’s cash collateral for payroll and other purposes. That hearing
concluded after a full day of evidence and legal arguments on December 20, 2012, and the Court
converted the Chapter 11 bankruptcy case to Chapter 7 and Neil Gordon continued to serve as the
Chapter 7 trustee. A copy of the appointment is included under the Docket Tab at
www.haysconsulting.net/Alpha . The Court also denied APSI the use of any of the lender’s cash
collateral to make payroll or for any other purpose. The result is that APSI was immediately closed and
all employees terminated.
The Trustee’s role is to liquidate all assets, pursue claims from litigation, and t maximize the
distribution to creditors including former employees Since the closure of APSI, the Trustee and his
advisors located and liquidated the assets of the company and is pursuing certain litigation claims. The
Report of Sale and Orders approving settlements are available for review at the Docket Tab.
In addition, the 401(k) plan that was available for certain employees was terminated, and funds were
distributed to participants who provided the plan distribution instructions. The final audit for the 401(k)
plan (covering 2013) will occur this spring.
As of March 1, 2014, a lawsuit filed by the U.S. Department of Labor (“DOL”) is pending against APSI and
the Trustee is working on issues regarding payroll with DOL. The Trustee anticipates filing various
lawsuits to recover funds for the Bankruptcy Estate. After the disposition of these lawsuits, the Trustee
is hopeful that he will be able make a distribution to creditors. At this time, the Trustee cannot predict
when or how much the distribution to creditors will be.
The Trustee will provide further updates on this web site as issues are resolved and the case progresses
in the bankruptcy court.


Watch Brokers

International Estate Brokers d/b/a Watch Brokers operated a consignment and retail sales and repair business for luxury watches and related items.  Based in Atlanta, GA the company principally operated its business via the Internet and attracted a national and international clientele.

On September 19, 2012, the Honorable Judge Cynthia Wright of the Superior Court of Fulton County appointed Christopher J. Tierney as the Receiver in response to a Complaint filed by the State of Georgia ex rel. John D. Sours, Administrator of the Fair Business Practices Act.

People who feel that they may have a claim against International Estate Brokers d/b/a Watch Brokers should send an email to the Receiver at watchbrokersreceiver@haysconsulting.net with their complete contact information (name, address, phone number and email address) to assist the Receiver with future communications.


Lighthouse Financial Partners


Litigation Release No. 22392 / June 12, 2012

SEC v. Benjamin Daniel DeHaan and Lighthouse Financial Partners, LLC, Civil Action No. 1:12-cv-01996-TWT (U.S. District Court for the Northern District of Georgia)

Court Issues Preliminary Injunction against Atlanta Investment Advisor and His Company

On June 11, 2012, the Honorable Thomas W. Thrash of the United States District Court for the Northern District of Georgia issued an order of preliminary injunction against violations of Sections 206(1) and 206(2) of the Investment Advisers Act of 1940 in U.S. Securities and Exchange Commission’s case against Benjamin Daniel DeHaan and Lighthouse Financial Partners, LLC. The order also allows for expedited discovery, asset freezes, prevents the destruction or concealment of documents and requires an accounting. Lighthouse, an investment advisor located in Atlanta and registered with the State of Georgia, has been owned and operated by DeHaan since 2007.

The Commission filed its case against DeHaan and Lighthouse on Saturday, June 9, 2012. The Commission’s complaint alleged that from approximately January 2011 through early May 2012, DeHaan moved approximately $1.2 million in funds belonging to his clients from their accounts at a custodial broker-dealer into a bank account in Lighthouse’s name that he controlled, thus gaining custody and control of these client assets. DeHaan and Lighthouse told the clients that these funds would be used to open new accounts at another broker-dealer. Once in this account, at least some of these funds were moved to a personal account belong to DeHaan and to accounts used by Lighthouse for business expenses. At least $600,000 in client funds remains unaccounted for. DeHaan was also alleged to have provided false documents to the Commission’s staff and to an examiner for the State of Georgia.

DeHaan and Lighthouse consented to the entry of the order providing for a preliminary injunction and other relief without admitting or denying the allegations in the Commission’s complaint. The Commission may seek additional relief, such as a permanent injunction, disgorgement of any ill-gotten gains with prejudgment interest and civil penalties, at a later time.

For further information, see Litigation Release No. 22390 (June 11, 2012).

Small Loans Inc./The Money Tree, Inc.

Initial distribution checks pursuant to the confirmed Plan of Distribution will be mailed on July 3, 2013. If you have an IRA account, the funds were sent to the IRA Custodian and you should contact First Trust Company of Onaga.

Founded in 1987, The Money Tree, Inc. (“The Money Tree” or the “Company”) operated 46 consumer finance branch offices in Georgia, Florida, Alabama and Louisiana.   Based in Bainbridge, Georgia, the Company originated and serviced direct consumer loans, consumer sales finance contracts and motor vehicle installment sales contracts.  The Money Tree also sold retail merchandise (principally furniture, appliances and electronics) at certain branch office locations and operated two used automobile dealerships in Georgia operated separately under the “Best Buy Auto” brand name.

On December 16, 2011, each of the Debtors listed below filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). The cases were assigned the case numbers listed below (collectively, the “Bankruptcy Cases”) and are jointly administered under case no. 11-12254. The Bankruptcy Cases are pending before the Honorable William R. Sawyer in the United States Bankruptcy Court for the Middle District of Alabama.

Small Loans, Inc. 11-12254
The Money Tree Inc. 11-12255
The Money Tree of Louisiana, Inc. 11-12256
The Money Tree of Florida Inc. 11-12257
The Money Tree of Georgia Inc. 11-12258

Please see Documents section for additional information and a current status report.

On October 23, 2012, the Trustee filed his Third Status Report. Click here to review.

Email the Trustee at ghays@haysconsulting.net.