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Here’s a video about a lawsuit filed against MarkOne Financial for contacting a consumer’s “friends” on her Facebook page. Privacy is a thing of the past and of course it is NOT legal to contact third parties other than to get a debtor’s current address. Here’s an article on Rawstory.com:
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Filed under: collection
Linda Almonte recently posted her comment at my previous post about her lawsuit against Chase. This is NOT a collection suit, but she claims that was fired by Chase because she refused to assist with the sale of judgments with unconfirmed balances. Chase removed the case from TX state court to federal court. I suppose [...]
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Filed under: Almonte v Chase, collection, litigation
It is SO obvious that Bankrate.com is on the bankers’ payroll: How debt collectors get your money I can’t comprehend how the author Erin Peterson sleeps at night. This bankrate.com article was crafted to mislead readers to believe that their only options are to PAY collectors or to have their wages garnished and property levied. [...]
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Filed under: collection
They SHOULD have shut down LHR — one of the nastiest outfits. They ALMOST became the subject of another public regulatory complaint for a client: LHR refusal to validate ATTORNEY GENERAL CUOMO SETTLES WITH BUFFALO DEBT COLLECTION COMPANY THAT HARASSED AND INTIMIDATED CONSUMERS LHR violated state and federal debt collection laws; must reform practices, pay [...]
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Filed under: collection, Regulators
It’s good to see the AARP take a stand against abusive and unfair collection practices. The collection industry is “concerned.” A Powerful Group Aligns Against the ARM Industry Posted by Patrick Lunsford insideARM.com on June 22, 2010 Last week, we ran a press release under the headline “NY Statewide Coalition Urges Legislature to Curb ARM [...]
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Filed under: collection, litigation, Lobbying
It is sad to see the MN Star Tribune publish this vile “counterpoint” by Rozanne M. Andersen, CEO of the ACA International, the primary organization of debt collectors. Counterpoint: Avoid jail by paying off debts Last update: June 19, 2010 – 9:14 PM Over the past two Sundays, the Star Tribune has recounted horror stories [...]
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Filed under: collection, litigation
Cavalry is a notorious debt buyer infamous for disregarding the Fair Debt Collection Practices Act and Fair Credit Reporting Act. Attorney General McGraw Sues Four Unlicensed Collection Agencies; NY Companies Failed to Comply with Subponea CHARLESTON – Today, West Virginia Attorney General Darrell McGraw’s Consumer Protection Division filed two lawsuits against four collection agencies headquartered [...]
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Filed under: collection, litigation, Regulators
It may SEEM like Colorado consumers enjoy protection, but there is no mention of PROSECUTION in AG Suthers’ press release. No jail, no fine, no penalty, no restitution whatsoever. The harassed consumers got NOTHING? This type of enforcement is equivalent to a bank simply closing the account after a consumer fails to make payments and [...]
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Filed under: collection, Regulators
A client just received the NCO notice of deletion. He didn’t receive the final bill and he wanted to settle the account. I advised him NOT to pay because you get NO FICO scoring points for PAYING collections. So he sent his factual dispute to NCO and they responded by advising that they requested documentation [...]
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Filed under: collection, Credit Reporting
While mostly hearsay, there’s probably some truth to these stories: Man had sex change to escape debt collectors A man from the West Midlands, who was believed to have debts of up to £50,000, had a sex change in a desperate bid to avoid debt collectors. Published: 8:00AM GMT 20 Mar 2010 The man, who [...]
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Filed under: collection
