Hays Finanical Consultants Atlanta Georgia

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.

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.



Mobile Billboards of America

Mr. Hays was appointed Receiver on September 21, 2004 for four companies that raised over $60 million from the sale of investments in mobile billboards and $18 million from the sale of payphone investments, primarily from elderly investors. Hays serves as Accountants & Financial Consultants to the Receiver.

The Receiver made an initial 5% distribution to all allowed claims in February 2009.

The Court approved the motion to close the case and the Receiver issued final distribution checks on or about April 28, 2010.  The case was officially closed in June 2010.

Maxxis Group

Maxxis Group, Inc. and related affiliates were involved in the network sales and marketing of nutritional products and communications services. Mr. Hays serves as the Trustee and Hays serves as the Accountants to the Trustee.

The case was closed in April 2013.