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Tag Archives: bad check

CFPB Stops Bad Check Debt Collector From Frightening Consumers

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Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against a nationwide debt collection operation and its chief executive officer for using deceptive threats of criminal prosecution and jail time in order to intimidate consumers into paying debts for bounced checks. The company also misled consumers into believing that they must enroll in a costly financial education program ... Read More »

    Beware of Cash This Check Scam Which Can Leaves You Broke

    This isn’t necessarily a new scam, but it has found renewed legs in these difficult times. Here is how it works. Out of the blue you will get a check that looks official like a cashiers check, money order, certified check, etc. The person sending it to you will either send you the check with a job offer like a ... Read More »

      I Have More Questions About Langhorne Debt Solutions. – LeAnna

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      Le “Dear Steve, I was looking up background on Langhorne Debt Solutions and saw Lacy’s question. I have a big debt with online payday loans and have contracted with Langhorne Debt Solutions. They seem legit. Bankruptcy is not an option for me. They instructed me to close my account and reopen a new one, which I did. How will this ... Read More »

        Bouncing a Check Can Put You Behind Bars For Years in Dubai

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        A recent New York Times article on the perils faced by debtors in Dubai, United Arab Emirates. More needs to be written about the impossible situation in Dubai when it comes to resolving debts faced by even your average person. I certainly have answered my share of debtor questions from people worried about their Dubai debts. Even in a modern ... Read More »

          American Corrective Counseling Services (ACCS) and the Bounced Checks

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          In an effort to help state governments deal with bounced and bad checks, some states have outsourced the dealings with the checks to for-profit debt collectors like American Corrective Counseling Services in California. ACCS has relationships with about 150 county District Attorney (DA) offices. In return for the referral of cases to ACCS, the local DA offices get a cut ... Read More »

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