Debt collectors have been suing consumers for years with very little proof that the consumer owes any money. You have probably heard some of these names: Persolve, LLC, Asset Acceptance, CACH, FFIC, Midland Funding, Cavalry, etc…. In two recent cases…
Posts Categorized In: FDCPA
California Debt Blog: Beware of Upstate New York Debt Collectors
I was doing some checking on a debt collector that left a voice mail for one of my clients. In the voice mail, the debt collector threatened to turn this matter over to the DA for a bench warrant. (That…
California Debt Blog: 5 MORE MISTAKES YOU MUST AVOID WITH YOUR CREDIT
I previously gave you 5 mistakes to avoid with your credit. So as people are ramping up their holiday shopping, I thought I would share with you 5 more mistakes to avoid with your credit. The difference between good credit…
California Debt Blog: The Consumer Protection Financial Bureau Wants to Hear From You
This comes to you from the Consumer Protection Financial Bureau: We want to hear about your debt collection experience—weigh in now. Since we began taking debt collection complaints a few months ago, companies have responded to more than 5,000 debt…
California Debt Blog: Debt Collectors Using Facebook, Twitter
KSL-5 out of Utah is reporting on debt collectors using social media to track down debtors. This shouldn’t come as a huge surprise to anyone. Debt collectors will use whatever technology they can to try to get as much information…
California Debt Blog: Beware of FS Mediation Group
I wrote before about Regional Arbitation Services. You can read it here and here. I sued them twice and have two defaults against them. I will soon be turning those into judgments. In the meantime, I received a call from…
California Debt Blog: Debt collection industry ripped – again
In the “not so surprising” news category, a new report rips the debt collection industry. This report, however, goes a step further. The report suggests that states are not doing enough to help struggling consumers. The report from the NCLC,…
California Debt Blog: 4 More Concerns about Short Term (Payday) Loans
Last week’s post received such a response that I thought I would share more concerns about payday loans. These short term loans look like a good solution for some people, but for over 90% of the population, they are a…
California Debt Blog: 4 Concerns about Short Term (Payday) Loans
I just helped a woman with a payday loan. The interest rate was 180%. Her payments were going to total over $9,000 in this loan from California Check Cashing, LLC. Her $2500 loan was going to cost her $10,000 when…
California Debt Blog: Debt Collector Fined for Text Messages, Envelope
This is a new one for me. When I read this story, I thought maybe I was reading The Onion. But, I went back and looked and it was from ABC. Here is the opening paragraph: “A debt collector is…