FDCPA Court Permits Consumer to Admit Into Evidence a Settlement Payment to End a Time-Barred Collection Suit Against Stock & Grimes

Hamid v. Stock & Grimes, LLP stands for very important propositions in FDCPA law and explores the... Read More... FDCPA Court Permits Consumer to Admit Into Evidence a Settlement Payment to End a Time-Barred Collection Suit Against Stock & Grimes

Asset Acceptance Calls a Consumer a Fat Motherfucker While Trying to Collect Debt NJ Plaintiff Says

Collecting on behalf of the junk debt buyer, World Financial Network, Asset Acceptance called and wrote the consumer seeking repayment of an alleged debt.  The court found as undisputed that Asset Acceptance recorded a voicemail for the consumer calling her... Read More... Asset Acceptance Calls a Consumer a Fat Motherfucker While Trying to Collect Debt NJ Plaintiff Says

In Introducing EDCAA, the Senate’s Funnyman Al Franken Sees No Humor in Debt Collection Abuses

EDCAA will forbid a debt collector from seeking “a warrant for the arrest of a debtor or any other similar request that a debt collector knows or should know would lead to the issuance of an arrest warrant…”  However... Read More... In Introducing EDCAA, the Senate’s Funnyman Al Franken Sees No Humor in Debt Collection Abuses

Junk Debt Buyer LVNV Funding LLC Busted to the Tune of $12.5 Million Dollars to Resolve Alleged Violations

$12.5 million dollars is the value of LVNV Funding and Resurgent Capital’s concessions to end the Licensing Board’s right to engage in administrative hearings in which evidence could be made public.  In a July 2012 Licensing Board Press Release, it was noted that LVNV Funding and Resurgent Capital “cooperated” with the Licensing Board and that they denied any liability and wrongdoing... Read More... Junk Debt Buyer LVNV Funding LLC Busted to the Tune of $12.5 Million Dollars to Resolve Alleged Violations

Federal Appeals Court Upholds Finding that Midland Funding Violated the FDCPA

The FDCPA states that debt collectors must act fairly when attempting to collect consumer debts.  A provision in the FDCPA has been interpreted to mean that neither debt collectors like Midland Funding nor their collection attorneys like Pressler & Pressler can... Read More... Federal Appeals Court Upholds Finding that Midland Funding Violated the FDCPA

Consumer Wins Spectacular Victory Against Debt Collector Stock & Grimes

Stock & Grimes filed a debt collection lawsuit 3 years after the consumer defaulted but before Pennsylvania’s 4 year statute of limitations expired. The consumer defended claiming that Delaware’s 3 year statute of limitations should apply because Discover Bank experienced the harm of the consumer’s default in Delaware where it can be found and located... Read More... Consumer Wins Spectacular Victory Against Debt Collector Stock & Grimes

Removing Inaccurate Information from Your Credit Reports

Www.AnnualCreditReport.com is the only aggregated resource currently authorized by the Federal Trade Commission to provide your truly-free credit reports from Experian, Equifax, and TransUnion.  You are entitled to free credit reports per year from each of the credit reporting agencies, and you may request additional free credit reports if you are dealing with identity theft issues, recent unemployment, and for other reasons. Although you do not have to request all three credit reports at once (e.g., you can stagger your requests over a year), it is best to start off with all three to determine a baseline.  After determining any inaccuracies, you can then stagger future requests over a year.  One strategy is to... Read More... Removing Inaccurate Information from Your Credit Reports