Do not know much about them, but the Fund of Funds model will be an interesting case study during the next 3-5 years especially as deals go bad and investors look to these sponsors and the level of due diligence they did will be very interesting to see how they handle the lawsuits, as its not an if but a when, regarding a lawsuit.

In fact, that can land you on the losing side of a lawsuit.

Do not mix money and expenses, or it won't protect you from lawsuits as intended.

@Issa Santos- I found 8 lawsuits they've been in, but I don't know of the details. 

If they have no assets or if you don't have verifiable proof a lawsuit is worthless.

Properties with no mortgage tend to be lawsuit targets. 

Try mediation first, lawsuits can get expensive and only the lawyers win.2.

None of the lawsuits had a material affect on the business.

I'm SURE you mis-spoke and meant to say, he's a close friend that I am trying to help but it was not my intention to "fix his credit".Debt Relief and Credit Repair Scams"The FTC has brought scores of law enforcement actions against these bogus credit-related services, and the agency has partnered with the states to bring hundreds of additional lawsuits"SOME CASEShttps://www.ftc.gov/news-events/topics/consumer-finance/debt...Financial Education Services (August 5, 2024 )Panda Benefit Services, LLC., FTC v.

Given these circumstances, I believe there may be grounds for a class action lawsuit against these companies, and their owners.