Corporate Turnaround review.
General business debt and turnaround consulting
Twenty-eight years of workouts, and three state regulators plus an appellate judgment affirmed against it.
Our verdict
Corporate Turnaround has negotiated commercial debt since 1998, longer than anyone else on this list and longer than the merchant cash advance industry has existed in its present form. We initially scored that longevity as the headline. Then we read the regulatory file, and the score came down.
Oregon is the serious one. In 2008 the Director of the state’s Division of Finance and Corporate Securities found that the company had operated as an unregistered debt consolidating agency from 2002 to 2007, collecting at least $138,404.40 from at least fifteen Oregon clients, and cited fees of 35 percent of amounts saved plus $75 per creditor and $10 per check. The order assessed a $150,000 civil penalty with $140,000 suspended on full refunds. It was entered by consent and the company neither admitted nor denied the findings, which is the standard shape of these resolutions and is not the same as an admission. The Director’s findings are still findings.
It is not the only one. The North Carolina Attorney General brought a consumer-protection action in Wake County in 2006. North Dakota’s Attorney General resolved a matter by assurance of voluntary compliance in 2009. And in 2005 the Indiana Court of Appeals affirmed a judgment against the company on every issue, in a decision reported at 840 N.E.2d 843. Add a $49,725 bankruptcy judgment the same year, and a 2025 Massachusetts small-claims default entered after the company failed to appear.
Set against a specialist landscape, the practice itself is also a poor fit. This is a general workout shop where advances are one line on a menu, and a funder holding a UCC-1 and a confession of judgment moves faster than a program-length vendor negotiation. There is no attorney model, which caps the legal factor at 6.0. Twenty-eight years is a real credential. It is not the only thing in the file.
What we like
- Twenty-eight years negotiating commercial debt, the longest tenure on this list
- Genuinely broad coverage: vendors, leases, bank loans, business cards
- Oregon penalty was largely suspended on the condition that clients were refunded
What gave us pause
- Oregon regulator found unregistered operation 2002–2007 and assessed a $150,000 civil penalty
- Enforcement matters from the North Carolina and North Dakota attorneys general as well
- Indiana Court of Appeals affirmed a judgment against the company on every issue (840 N.E.2d 843)
- A 2025 Massachusetts default judgment entered after the company failed to appear
- No attorney model, capping legal capability at 6.0; MCA is one service line, not the practice
Who it’s for
- Mixed commercial debt where the pressure is vendors and leases rather than a funder
- Owners who read the regulatory file first and are satisfied it is history
Who should look elsewhere
- Stacked MCAs with daily debits
- Confessions of judgment or active funder litigation
- Anyone who treats a state regulator’s findings as disqualifying, which is a defensible position
How Corporate Turnaround stacks up against our #1 pick
Local guides where readers use this review
In their own words
What customers wrote about Corporate Turnaround
What satisfied customers wrote
“Very thankful for finding Corporate Turnaround. Adam and his team were great to work with. Always there to ease your mind and answer any question that may arise. Thank you CT”
★★★★★ Tracey L · 03/22/2024 · BBB
“I'm incredibly thankful for discovering Corporate Turnaround. Their assistance has been invaluable, consistently providing prompt responses to my inquiries. Their exceptional customer service played a pivotal role in successfully turning around our business.”
★★★★★ Stacy M · 12/24/2023 · BBB
“They helped us through a very difficult period during Covid. I tried to work it out, but the creditors were aggressive and making threats. Corporate Turnaround helped lower the stress and explained to me to not believe anything that sounds to crazy to be true. Jared and his team are great! Extremely knowledgeable and professional, and responsive to our concerns. Thanks again!”
★★★★★ Shay W. · 11/14/2023 · BBB
What complaints and critics wrote
“I hired this company to settle a debt for me which they were not able to I was able to get it done myself I reached out to them nicely to let them and asked politely to return my money because we were not to far in my agreement was to pay $500 on the 1st and 15th of every month and we only did 2 pays and thats it they dont return your phones or emails and is refusing to release my money back to me they are a total scam I dont recommend them”
not shown (BBB complaint) · 12/28/2023 · BBB complaint · Service or Repair Issues
The company repliedThe client executed a contract for our services on November 13, 2023. They submitted 1 creditor to be restructured who was owed Approximately $10,000. We contacted the creditor on November 14, 2023 to begin negotiations on a settlement. We were engaged in regular communication with the creditor throughout the month before the client contact us on December 7, 2023 claiming that they no longer needed our services because they hired an attorney to continue the work that we had started. In that email they requested that we refund their money after taking fees that we were [name withheld] as per the terms of the contract. A refund in the amount $693.79 was issued in December via check # [name withheld].
“CT collected money for over a year totaling over 45k and kept most of it for services rendered. I still got my bank accounts frozen from their lack of negotiations! When I told them I no longer wanted their services they sent me a bill for over 333k!!! Yes 333k!! I'd like my money back that they took or they can keep it for their time and back away from their 333k owed claim.”
not shown (BBB complaint) · 12/16/2023 · BBB complaint · Product Issues
The company repliedThe client first contacted us on June 29, 2022 because they were experiencing financial difficulties. Specifically, they were behind on payments to [name withheld] [name withheld] [name withheld] [name withheld] companies totaling approximately $700,000 in debt which required payments equaling $109,000 monthly. Two of the creditors had already liened his processors at the time we were in discussions regarding him retaining our company. On July 29, 2022, after numerous discussions regarding the clients' situation and the services we provide, [name withheld] executed a contract with our company. The contract required monthly payments of $7,000, 94% less than what he was supposed to be paying to service the debt. For the next 16 months we diligently worked on the clients behalf to address the company's debt issues. During that time we resolved $477,000 worth of debt, not only reducing the amount owed by $219,401 but getting the payments spread out over 5 years and protecting the company's precious cash flow. At no time did the client express any dissatisfaction with the service provided or the results achieved. The client ceased funding the restructuring on July 24,2023. Despite the lack of funds coming in we continued to communicate with the creditors towards resolution. Finally, after 4 months without the client resuming funding, we were forced to close the account. Their claim that their bank account was frozen due to our lack of negotiations is completely without merit. The creditor that froze the clients' bank account, [name withheld] Group, was actively involved in negotiations with our team regularly for 9 months prior to taking this action. The clients limited budget would not support the aggressive demands made by the creditor. Had the client resumed funding we would have eventually resolved the debt owed to [name withheld] as we have done for other clients dozens of times in the past. The clients claim that we collected money for over a year and kept most of it is also misleading. We submitted nearly $34,000 to creditors as per the terms of the agreement we negotiated. Any fees that we retained were done so according to the terms of the contract. The client only complained about our services after we retained a collection agency to help us recover fees that we are contractually owed which was the last thing we wanted to do. We would have much preferred to keep representing the client to resolve their remaining debt as successfully as we had previously done. Should the client be willing to resume the restructuring we will cease our collection efforts and resume working on their behalf.
“I hired this company to help me with a creditor! This company and I set a monthly payment amount to give to the creditor and this company proceeded to process both payment and not one of those payments went to the creditor. I have tried for 3 weeks to get my money returned back to me and cancel the account and this company has blocked me and refuses to return my money to me so I can give to the creditor. The creditor even attempted to try and contact them about the money as well as my bank and this company has refused to respond! I want our money and please beware of these scammers!!!! They took $250 on 1/10/25 and another payment of $550 on 1/31/25 and when you call them a lady refuses to send you to a supervisor they are scammers that we are going to sue!!”
not shown (BBB complaint) · 02/20/2025 · BBB complaint · Product Issues
The company repliedI am in communication with the client regarding their concerns
Quotes are reproduced exactly as written, including original spelling and punctuation, and are trimmed only with an ellipsis where marked. Where the BBB has redacted an employee’s name we show [name withheld]. Reviewers are identified only by the display name their platform shows. We pick quotes to represent the range on each profile, not to make a case, and we publish the overall rating and review count beside them so you can judge how typical any one of them is. Retrieved August 24, 2026.
The court record
Lawsuits involving Corporate Turnaround
23 matters on file, grouped by who did the suing, because those are not the same fact. We confirmed every one against a court record.
Lawsuits involving Corporate Turnaround (21)
Each entry is tagged by who brought it. A funder suing a settlement firm and a client suing one are close to opposite facts, so read the tag before the caption.
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Client sued River Valley Technologies, Inc. v. Commercial Credit Counseling Services, Inc. Judgment against
DispositionJUDGMENT FOR PLAINTIFF — $49,725.00 entered 2005-04-07 (Judge Basil H. Lorch III), after trial 2004-12-06
A debtor-in-possession that had been a client sued to avoid transfers as constructively fraudulent under 11 U.S.C. section 548(a)(1)(B), having made seventeen weekly payments of $2,925 totalling $49,725 under a 33-1/3 percent contingency workout contract; the court entered judgment for the debtor in the full amount, finding that the company negotiated no settlements of and no reductions in the debtor's debts over those seventeen weeks.
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Client sued Norris et al. v. Commercial Credit Counseling Services, Inc. d/b/a Corporate Turnaround Dismissed
DispositionDismissed for improper venue 2010-03-31 on the contractual forum-selection clause; the merits were never reached
Four small-business clients — Kelley Norris d/b/a Dream to Dance, Mauricio de las Fuentes d/b/a Texas-Mexico Express, Jean Jowers d/b/a B&R Food Service, and Jannetta Penn d/b/a West Texas Recycling — brought a putative class action under the Class Action Fairness Act asserting claims under the Texas Uniform Fraudulent Transfer Act, the Texas Deceptive Trade Practices Act, and the Texas Debt Management Services Act; the court dismissed for improper venue because the client contracts, titled 'Debt Reconciliation & Security Agreement' and 'Debt Restructuring & Security Agreement', designate New Jersey law and venue in the Superior Court in Bergen County, New Jersey.
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Client sued Wilson, Phyllis A. v. Commercial Credit Counseling Services, Inc. Judgment against
DispositionDEFAULT JUDGMENT FOR PLAINTIFF, $6,148.84, entered 2025-05-01; the company failed to appear at the payment hearing; judgment of dismissal by agreement 2025-09-03
An individual client obtained a default judgment of $6,148.84 against the company in Massachusetts small claims court after the company did not appear; the matter was later resolved and dismissed by agreement.
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Client sued DFM Enterprises Inc. v. Commercial Credit Counseling Services Inc. See disposition
DispositionAgreed dismissal signed 2004-05-27
A client business sued the company in a matter the clerk classified under the case type 'Deceptive Trade Practices'; the parties filed an agreed dismissal roughly six months later.
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Client sued Koczab, Robert et al. v. Commercial Credit Counseling Services Inc. See disposition
DispositionDefault entered against the company and then set aside; the company answered and filed a counterclaim 2004-08-10; final disposition not verified
Client plaintiffs sued the company in Michigan state court; a default was entered and subsequently set aside, after which the company answered and asserted a counterclaim.
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Client sued Phillips Construction Services Inc. & Mitchell H. Phillips v. Commercial Credit Counseling Services Inc. Dismissed
DispositionDismissed for improper venue by order dated 2010-05-19
A client construction business and its principal sued the company in Georgia state court; the case was dismissed on venue grounds roughly three and a half years later, without a merits ruling.
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Client sued Padley v. Corporate Turnaround f/k/a Commercial Credit Couns[eling] Status not verified
DispositionTerminated 2007-03-29; disposition not verified
A bankruptcy adversary proceeding was brought against the company under a caption identifying Corporate Turnaround as formerly known as Commercial Credit Counseling.
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Client sued Charles v. Corporate Turnaround Status not verified
DispositionTerminated 2011-12-22; disposition not verified
A bankruptcy adversary proceeding was brought against Corporate Turnaround and ran for approximately fourteen months.
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Client sued Peters v. Corporate Turnaround Open
DispositionOPEN — no termination date; most recent docket entry dated 2025-09-16
A bankruptcy adversary proceeding was brought against Corporate Turnaround in Colorado and remains pending.
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Regulator In the Matter of Commercial Credit Counseling Services, Inc. d/b/a Corporate Turnaround See disposition
DispositionAGENCY ORDER ENTERED BY CONSENT — Order to Cease and Desist, Order Assessing Civil Penalty, and Consent to Entry of Order; the company consented WITHOUT ADMITTING OR DENYING the findings
The Director of the Oregon Division of Finance and Corporate Securities FOUND that the company operated as an unregistered debt consolidating agency in Oregon from 2002 to 2007, collecting at least $138,404.40 from at least fifteen Oregon clients, and cited violations of ORS 697.612, 697.652, 697.692 and 697.707, including fees of 35 percent of amounts saved, $75 per creditor, $10 per check and a 1.5 percent monthly 'stretching fee' against an Oregon cap of a $25 set-up fee plus 15 percent of amounts received; the Director assessed a $150,000 civil penalty with $140,000 suspended on condition of 100 percent fee refunds to the affected Oregon clients, and barred the company from Oregon licensure until 2011-03-31. The order was signed for the company by Chief Operating Officer Daniel Hines.
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Regulator State of North Carolina v. Commercial Credit Counseling Services, Inc. d/b/a Corporate Turnaround See disposition
DispositionStatus not verified — no disposition, and the underlying complaint was never retrieved
The North Carolina Attorney General brought a consumer-protection enforcement action against the company; the case is listed among state debt-relief enforcement actions in Attachment 1 to the multistate Attorneys General comment filed with the FTC.
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Regulator State of North Dakota ex rel. Wayne Stenehjem, Attorney General v. Commercial Credit Counseling Services, Inc. / Corporate Turnaround Assurance
DispositionResolved by Assurance of Voluntary Compliance — Order of Approval entered 2009-07-21 (Judicial Officer Gail Hagerty); case closed
The North Dakota Attorney General resolved a matter concerning the company by an assurance of voluntary compliance approved by the court the day after filing, rather than by litigated judgment.
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Funder sued National Funding, Inc. v. Commercial Credit Counseling Services, Inc., d/b/a Corporate Turnaround, and Bruce Putterman Remanded
DispositionNinth Circuit memorandum filed 2020-06-10 AFFIRMED IN PART, VACATED IN PART, and REMANDED; district court case terminated 2020-11-25
A small-business lender alleged intentional interference with its loan agreements and two counts under California's Unfair Competition Law, one premised on an allegation that the individual co-defendant engaged in the unlicensed practice of law; the Ninth Circuit affirmed dismissal of the unlicensed-practice claim but held the district court abused its discretion in denying leave to amend the interference claim and the derivative UCL claim, and remanded.
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Funder sued Funding Metrics, LLC v. Commercial Credit Counseling Services, Inc. Terminated
DispositionFederal docket terminated 2019-02-26; disposition NOT verified — the seven-week life is consistent with a remand to Nassau County but this was not confirmed
A merchant cash advance funder sued the company in New York state court in 2018; the case was removed to federal court in January 2019 and the federal docket closed seven weeks later.
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Other Commercial Credit Counseling Services, Inc. v. W.W. Grainger, Inc., Lose Bros., Inc., and XSE Group, Inc. Judgment against
DispositionJUDGMENT AGAINST THE COMPANY — affirmed on every issue (Robb, J.; Kirsch, C.J., and May, J., concurring)
Trade creditors of the company's clients challenged security interests the company had taken in client assets; the Indiana Court of Appeals AFFIRMED trial court rulings that voided those purported security interests for lack of attachment and want of value, that voided transfers of client funds to the company as fraudulent to creditors under Indiana's Uniform Fraudulent Transfer Act, and that held the company in contempt of a continuing garnishment order. The opinion records that of $9,426.51 received from one client, $22.60 reached creditors. The Commercial Law League of America appeared as amicus; the Lose Bros. portion of the appeal was dismissed on settlement.
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Other Brown Shoe Company Inc. v. Commercial Credit Counseling Services, Inc. d/b/a Corporate Turnaround, and Schuhz and Company, LLC d/b/a Westies Fashion Footwear Status not verified
DispositionTerminated 2008-09-12; specific disposition not verified
A trade creditor sought to represent a putative class of creditors of Texas debtors who had granted the company blanket security agreements, asserting claims under the Texas Uniform Fraudulent Transfer Act and the Texas Declaratory Judgments Act and alleging that the company files UCC-1 financing statements claiming priority over its own clients' creditors.
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Other McAllen Venture, No. One, LP v. Commercial Credit Counseling Services, Inc. d/b/a Corporate Turnaround Status not verified
DispositionTerminated 2010-12-14; disposition not verified
A creditor/landlord plaintiff sued the company in the same federal division as the Brown Shoe creditor class action, roughly one year later; the docket ran for over two years before terminating.
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Other Corporate Turnaround v. Lloyd's of London Status not verified
DispositionTerminated 2009-07-29; disposition not verified
The company brought a diversity insurance coverage action (nature of suit 110, Insurance) against Lloyd's of London, filed two weeks before it signed the Oregon consent order and while the Texas creditor class action was pending.
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Other Commercial Credit Counseling Services, Inc. v. American Office Furniture d/b/a American Office Interiors See disposition
DispositionDecided against the company — the court held it could not maintain a commercial small claim
The company sued as plaintiff for $1,200 on a commercial small claim over office cubicles; Judge Hirsh held that the commercial small claims remedy requires a claimant whose principal office is in New York, and noted on checking Department of State records that the company was NOT authorized to do business in New York. The opinion also records a default judgment the company had obtained in Bergen County, New Jersey Superior Court on 2005-05-12 for $1,275.
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Other Commercial Credit Counseling Services Inc. v. Global Organics Inc. See disposition
DispositionForeign judgment domesticated in the amount of $6,785.93; writ of garnishment issued 2006-09-01
The company domesticated an out-of-state judgment of $6,785.93 in Washington state and obtained a writ of garnishment.
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Other Commercial Credit Counseling Svcs Inc. and Corporate Turnaround v. Morning Air and Tony Calderon Status not verified
DispositionForeign judgment proceeding; disposition not verified
The company brought a foreign judgment proceeding against a business and an individual; the corporation and the trade name Corporate Turnaround are listed as two separate plaintiffs in the caption.
View the record ↗
Claims we could not verify, and therefore do not state as fact: “Itria Ventures LLC v. Commercial Credit Counseling Services, Inc. dba Corporate Turnaround — New York County Supreme Court” (beaconclient.com/settlementlawsuits (competitor lead list)); “Fora Financial Advance, LLC v. Commercial Credit Counseling Services, Inc. — Nassau County Supreme Court” (beaconclient.com lead list); “Last Chance Funding Inc. v. Commercial Credit Counseling Services, Inc. — Orange County Supreme Court, NY” (beaconclient.com lead list); “Indiana issued a cease-and-desist order against Corporate Turnaround” (a 2010-01-26 post on nybankruptcy.net); “Roughly two dozen bankruptcy trustee clawback adversary proceedings against 'Commercial Credit Counseling Services', 2003-2008” (CourtListener RECAP party-field search); “LS Interiors Group Inc v. Commercial Credit Counseling Services Inc — Palm Beach County FL, 15th Judicial Circuit, complaint filed 2025-10-01, summons issued 2025-10-14, currently open (Judge Jaimie R. Goodman)” (Palm Beach County clerk portal, via research agent); “A Virginia General District Court 'Warrant in Debt', No. GV06007837-00, filed 2006-03-22 against 'COMMERCIAL CREDIT COUNSELING SERVICES INC., PARAMUS, NJ 07652', removed to Circuit Court” (Virginia court records, via research agent); “New Jersey Department of Labor matter filed 2019-08-23 alleging the company retaliated against an employee for filing a workers' compensation claim under N.J.S.A. 34:15-39.1” (search-engine snippet); “South Coast Holdings, LLC v. Commercial Credit Counseling Services, LLC — Bankr. D. Or., 23-06042, 2023-10-13 to 2023-12-04” (CourtListener RECAP); “Commercial Credit Counseling, Inc. v. KING — Bankr. N.D. Ala., 05-70011” (CourtListener RECAP); “An FTC enforcement action against Corporate Turnaround or Commercial Credit Counseling Services” (general searching); “Trademark registrations owned by the company (Justia owner ID 1299581)” (trademarks.justia.com reference); “Any TCPA action, or any class action beyond Norris and Brown Shoe, against this company” (n/a — this is a searched negative); “Itria Ventures LLC v. Commercial Credit Counseling Services, Inc. dba Corporate Turnaround — New York County Supreme Court” (beaconclient.com/settlementlawsuits, whose link carries courtType=New%20York%20County%20Supreme%20Court and docketId=6kSfKRgb3OQcF/jq9xiv_PLUS_g==); “Last Chance Funding Inc. v. Commercial Credit Counseling Services Inc. dba Corporate Turnaround — Orange County Supreme Court, NY” (beaconclient.com/settlementlawsuits, courtType=Orange%20County%20Supreme%20Court, docketId=6imsW2YZPKcp9FLMHpPUVw==); “Fora Financial Advance, LLC v. Commercial Credit Counseling Services, Inc. — Nassau County Supreme Court” (beaconclient.com/settlementlawsuits). Each appears online with no court, caption, or docket behind it. We list them so you know we looked.
Part of this list was compiled by Beacon Client Solutions, which is itself a debt-resolution firm and a competitor of most companies it names. We reproduce its entries because the captions are real and checkable, we verified what we could, and we label the rest rather than dropping them. Read the selection with its source in mind, ours included.
Court records are public and they change. A filed complaint contains allegations, not findings, and a case appearing here is not a conclusion that the company did anything wrong. Where a case ended, we say how it ended. Where we could not confirm a docket, we say that too. One limit worth knowing: free docket sources show only what someone has already paid to fetch, so a case we describe as open may have been resolved since the date shown against it. Treat every date here as the last time the record was refreshed, not as today. Last verified August 24, 2026.