Report: #1337449

Complaint Review: Ascentium Capital

  • Submitted: Thu, November 10, 2016
  • Updated: Thu, November 10, 2016
  • Reported By: Lisa — Mount Dora Florida USA
  • Ascentium Capital
    23970 Highway 59 North
    Longwood, Texas
    USA

Ascentium Capital Llc, Howard M. Schwartz Vice President of Business Development for Ascentium Capital Contempt of Court, Violation of Income With holding Order for Alimony and Child Support Longwood Texas

*Author of original report: This matter has been resolved

*Author of original report: UPDATE:

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Howard M. Schwartz of Land O' Lakes FL has been the Vice President of Business Development at Ascentium Capital since 2012, I have an Income Deduction Order from the Lake County Court in Fl to garnish Schwartz's wages for Alimony and child support. Schwartz is currently $365,000 in arrears for back alimony and $95,00.00 in arrears for back child support. When the order to garnish his wages went into effect his income at Ascenitum dramatically decreased from almost $200,000 a year to less than $24,000 a year reducing payments to one fifth of the court ordered amount. I am now within days of being evicted from my home and our daughter will be forced to leave college at the end of the semester as I will be unable to pay her tuition. Tuition which her father is supposed to contribute 50% of the costs and has so far contributed zero.

 

It is my belief that someone at Ascentium Capital knows how Howard Schwartz is circumventing the IDO. Business at Ascentium Capital has only increased over the last four years according to their own press releases and there is no logical reason for Schwartz's income to have decreased so drastically right after the court order went into effect. Schwartz continues to live a lavish life style in a 5 bedroom 3 bathroom home while traveling often and is able to make payments on multiple luxury vehicles all while  claiming he is only keeping two hundred dollars a month from his earnings. 

 

If you have recently signed a lease for equipment with Howard Schwartz either as an Ascentium employee or another business name he may be using and/or as an independent lease broker please leave an anonymous tip in the rebuttal section and let us know what business name he is doing business under and where he booked your lease, whether at Ascentium Capital or another funding source.

 

If you are an employee at Ascentium Capital and have inside information about how Schwartz is booking leases for Ascentium or another company outside the garnishment order or if he is working as an independent lease broker or under another business name PLEASE blow the whistle by leaving a tip in the rebuttal section. 

 

 
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This report was posted on Ripoff Report on 11/10/2016 09:03 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ascentium-capital/longwood-texas-77339/ascentium-capital-llc-howard-m-schwartz-vice-president-of-business-development-for-asc-1337449. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
2Author
0Consumer
0Employee/Owner

#1 Author of original report

This matter has been resolved

AUTHOR: - ()

Howard Schwartz is making every effort possible to resolve this matter. I believe Ascentium Capital is in full compliance with ALL Child Support Enforcement laws in the state of Florida. I would like to delete the original post now that all financial disclosures have been made by Howard Schwartz and I believe he is making every effort at this time to pay his outsatanding financial obligations. He has also made sure that my daughter and I will a have home indefinitely and her college tuition will be paid. 

 

 

 

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#2 Author of original report

UPDATE:

AUTHOR: - ()

As stated in my first post I was days from becoming homeless and I am currently living out of my car. I had hoped to post a positive update to this report, but Howard's only contribution was to pay for a weeks stay in a rundown motel and then tell me to try a homeless shelter. He abrubtly ceased all communication and I was asked to leave the motel. My daughter will be out of school on Spring break in two weeks and will be forced to live in my car with me.

I believe Schwartz is being paid commissions outside the income deduction order by Ascentium. In 2015 he was operating under the name H.A.S.K. Group INC. A company he opened under his Mother and wife's name. In 2015 Ascentium paid Schwartz over $18,000.00 in commissions that should have been garnished from his wages for his support obligation. I believe he has incorporated under another name in a different state. Even if Ascentium believes this is legal, they have a moral and ethical obligation to report the situation to the state of Florida Child Support Enforcement Office and my attorney. They are well aware of the outstanding arrears owed by him for child support and alimony. As soon as I have access to my files again I will upload supporting documentation. Hopefully my next update will have a positive resolution to this ongoing crisis.

Lisa

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