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Two owners of Bright Futures Financial Corp. — Vincent E. Lawrence and Douglas E. Lang — have a history of failed companies, debt and bankruptcy. Lawrence has been pursued by the IRS for delinquent taxes.
Debt, liens and bankruptcy: Lawrence has faced several foreclosure actions and a roughly $400,000 federal tax lien, which was released in 2013. He has filed for Chapter 7 bankruptcy, which was reopened after discharge, and for Chapter 13 bankruptcy.
Lang has also filed for Chapter 7 bankruptcy twice, in 2009 and 1995.
A Florida state court in 2009 ordered Lawrence and Lang to pay $345,000 to a company known as Gateway 135 LLC.
Bright Futures Financial Corp., which has an A+ rating from the Better Business Bureau, is not to be confused with Florida’s Bright Futures Scholarship Program, a lottery-funded program that provides scholarships to Florida high school graduates with high academic achievement.
What the company claims to provide: Help for borrowers in consolidating federal loans and determining eligibility for loan forgiveness, deferment or forbearance programs
Based: Largo, Florida
Management: Vincent Lawrence, president; Denise E. Lang, president; Justin Briggs, vice president; Douglas E. Lang, registered agent and officer; Joslyn Lawrence, officer. Denise Lang listed was listed as president in 2012 amendment through Florida’s Division of Corporations.
Sources: Florida business filings; Better Business Bureau