Posted on October 31st, 2011 by Christine
It’s about time! LVNV usually reports INCORRECTLY on the credit reports and they refuse to document accounts after disputes. Every time my clients submit disputes, Resurgent passes the accounts on to another collector, they have to dispute again and the accounts are returned to Resurgent. Resurgent then writes that they just received the account and [...]
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Filed under: Debt Buyer, Regulators
Posted on October 30th, 2011 by Christine
This is of interest to me because Acarta LLC is currently suing me in Arizona and they are NOT licensed and have obtained numerous judgments against others in Arizona. Debt Buyer Cavalry Responds to State Action; Vows to Defend Accounts receivable management firm Cavalry said late Friday that it is defending an action brought by [...]
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Filed under: Debt Buyer, litigation, Regulators
Posted on October 7th, 2011 by Christine
It’s incredible to see so many collectors hiring FELONS. Apparently it is more profitable to hire felons than to run criminal background checks for new employees. Obviously, felons make GREAT collectors! In fact, criminals are so good at collecting, Allied Interstate decided to hire a felon KNOWING about her crimes! In one instance, a debt [...]
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Filed under: collection, Regulators
Posted on September 20th, 2011 by Christine
The collection industry is thrilled by Obama’s latest gift to them. The Inside ARM article: Obama Proposal Loosens Restrictions on Cell Phone Calls for Debt Collection Buried in President Obama’s deficit reduction plan unveiled Monday was a provision that would allow cell phone calls for the purpose of debt collection. But the brief proposal seemed [...]
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Filed under: collection, Regulators, TCPA
Posted on July 27th, 2010 by Christine
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
Posted on June 4th, 2010 by Christine
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
Posted on May 24th, 2010 by Christine
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
Posted on April 22nd, 2010 by Christine
A very interesting summary of litigation and regulatory actions against Credit Collections Defense Network (CCDN) and attorney Robert Lock is in the Chicago Chronicle (article below). WV AG McGraw complaint and exhibits: WV AG McGraw sues CCDN (FDRS credit repair and litigation) I didn’t know that Capital One sued CCDN and others in 2008 and [...]
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Filed under: Debt Settlement, litigation, Regulators, Scam