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Debt Collection

Northern Asset Management and Eastern Asset Management, Debt Collection Companies, Sued by NY AG

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Attorney General Andrew M. Cuomo announced a lawsuit against several Western New York debt collection companies that violated the law by harassing consumers through repeated threatening and obscene phone calls as well as making illegal calls to the consumers’ employers and families. Attorney General Cuomo’s lawsuit claims Frank Santiago, of South Creek Road in Hamburg, who is the owner and ... Read More »

    Debt Collection Harassment Victim Awarded $1.5m in Punitive Damages

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    Allen Jones, a Lewisville Texas resident, owed just under $200 in debt. His debt was passed on to the collection agency Advanced Call Center Technologies, LLC. While trying to collect a payment towards his debt several employees called his phone and left multiple vulgar and offensive messages threatening him to make payments. Most of the messages were too obscene to ... Read More »

      A Day In the Life of A Debt Collector

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      An Account From a Real-Life Collector I arrive at work with a long list of people to call, knowing that if all goes well, I may call 125 people today. Today, I’ll hear stories of businesses gone sour, failed marriages and terrible illnesses. I’ll hear outright lies: “The check’s in the mail,” or “The stamp fell off.” And I’ll hear ... Read More »

        How to Make the Debt Collector Do What You Want

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        When you are in debt, sometimes you may feel that you are a “sitting duck” waiting for the debt collector to call. What you may not realize, however, is that there are laws which protect debtors from collection practices that you may find troublesome or harassing. The federal Fair Debt Collections Practices Act (hereafter referred to as “FDCPA”) and other ... Read More »

          Former Marine Becomes Debt Collector and Says Being Mr. Mean Works Better Than Being Nice

          In this video we see a former debt collector talk about how being mean and rude earns him more money than being nice. The piece also contains a number of egregious recordings of debt collectors breaking the law with threats and statements. For those in debt, this may be hard to watch. “To ruin your day to collect the money. ... Read More »

            New York City Residents of Color, Poor and In Debt Likely to be Targeted for Collection Abuse.

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            Debt buying companies – a fast-growing segment of the debt collection industry – engage in systematic debt collection abuses that particularly target low-income New Yorkers and people of color, according to a report issued today by The Legal Aid Society, MFY Legal Services, Inc., NEDAP, and Urban Justice Center. The report finds that debt buyers in New York City routinely ... Read More »

              Boy in China Kills Self to Avoid Debt Collector and Getting Legs Sawn Off

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              Wow. It looks like being in debt in the U.S. is a lot better than in China. Nobody is getting their legs sawn off here. Here is a story from China. The parents of an 18-year-old boy who committed suicide are suing for 760,000 yuan ($111,340) the man they say drove him to it. Father Liao Liubin and mother Dan ... Read More »

                Debt Collectors Using Facebook to Gather Debtor Addresses

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                Several debt collectors at ANZ Bank in Australia are alleged to have created a fake Facebook accounts to friend people that were in collection in an attempt to gather addresses, phone numbers and emails of people in collections. If it is happening in Australia there is no reason why we should not expect it to be happening in the U.S. ... Read More »

                  Consumer Attorney Jason Rapa Speaks Out About the Importance of Validating Debt When Sued

                  Today I’, talking with consumer attorney Jason Rapa from Pennsylvania. We talk about both debt validation and debt collector behavior. Today, bad debt buyers are unable to cough up proof a debt is valid and actually legally collectable but depending on where you live, the inability to validate the debt can’t be relied on alone to prevent you from being ... Read More »

                    New York Attorney General Sues Attorney for Renting Out His Name to Company

                    Attorney General Andrew M. Cuomo today announced his office has sued a Western New York lawyer who sold debt collectors the use of his name, which the debt collectors then used to intimidate consumers by threatening bogus legal action. The action is the latest in Attorney General Cuomo’s ongoing probe into unlawful debt collection practices. Cuomo’s office sued Williamsville-based attorney ... Read More »

                      Debt Collection Company National Enterprise Systems Pays Up in Ohio for Consumer Violations Including Settlement Issues

                      Ohio Attorney General Richard Cordray has secured $207,500 in consumer restitution and a comparable amount in payment to the state’s Consumer Protection Enforcement Fund in a settlement with Solon-based National Enterprise Systems, Inc. (NES). In July, Cordray sued the collection agency for harassing consumers when attempting to collect on debt. As a result of the agreed consent judgment filed in ... Read More »

                        Owe the State of Iowa? Your Debt May Increase by 25%

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                        The State of Iowa is looking for a way to balance their budget by collecting on hundreds of millions of dollars owed to the state for unpaid taxes, court charges, and anything else they can think of. The legislation says that when a debt becomes 120 days delinquent it will be sent to an outside collection agency that can add ... Read More »

                          Am I Safe Coming Back Into the U.S. With My Old Debt? – Sam

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                          “Dear Steve, I have 18500$ of (credit card + voluntary repossessed auto loan + medical loans) debt. I left the US last year due visa issues and family emergency and since then there’s no news from anyone about my debts except some emails. Even the emails have stopped now a days. I constantly monitor my credit report to find that ... Read More »

                            Debt Collector Credigy Receivables Has to Pay Woman $26,000.

                            This case comes out of North Carolina and fell against a collection company called Credigy Receivables. What makes this a story worth reading is the extent at which Credigy Receivables really screwed up on properly collecting on the debt of a woman named Blanche Whittington. It might take a few minutes to get through all of this but by the ... Read More »

                              Credit Bureau Collection Services Pays More Than $1 Million to FTC for Violations of FDCPA and FCRA

                              A nationwide debt collector has agreed to pay a civil fine of more than $1 million to settle Federal Trade Commission charges that it violated federal law by inaccurately reporting credit information and pressing consumers to pay debts they often did not owe. According to the FTC’s complaint, the company and two of its officers illegally tried to collect invalid ... Read More »

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