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Debt Collection

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 »

                        Yep, It’s Official Mann Bracken Out of Business. Ordered to Cease All Debt Collection Activity.

                        Recently people have been leaving comments that the national debt collection company Mann Bracken is not cashing their checks. Well it appears clear now that Mann Bracken has been put out of business and they have lost their debt collection license from the State of Maryland. On January 1, 2010 Scott Kramer, Esq. of Mann Bracken sent a letter to ... Read More »

                          Goodbye Mann Bracken. A Debt Collection Company Worth Going Bankrupt.

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                          Boy, you talk about another corporate convoluted mess unraveling, this one is a doozy. To get the background you need to read Facts Reveled in National Arbitration Forum Lawsuit Should Make You Want to Puke. In that piece you can learn more about the convoluted corporate games that were played to basically corrupt the credit card arbitration process into a ... Read More »

                            Redline Recovery Services Pretends to Work With Woman’s Lawyer

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                            Redline Recovery Services LLC, 11675 Rainwater Drive, Suite 350, Alpharetta, GA 30009 seems to be at it again. They are quickly falling into the rogue collector bucket if they keep up the behavior alleged in the lawsuits below. Well now a Florida woman has claimed that she had retained a lawyer to represent her with her debt and a Mr. ... Read More »

                              Green Tree Servicing Debt Collector Sued For Killing Man From Stress and Intimidation

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                              Dianne McLeod recalls her husband, Stanley, getting so visibly upset when the debt collectors called that she had to take the phone away from him. She believes constant harassing phone calls and other tactics eventually killed him. “I think they were a major contributor to his death because of the stress and what I saw it doing to him,” she ... Read More »

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