A California debt collector has settled a lawsuit brought by a Pittsburgh, PA attorney for violation of debt collection laws. The settlement: $2.5 million. According to the Associated Press: “The company sent out letters as recently as last winter purporting…
Posts Tagged With: debt collector
California Debt Blog: Holiday Gift to Yourself: Settle Your Debt
It is that time of year – the holiday season. You want to go out and buy presents. You want to spend your money. And trust me – most businesses want you to as well to get the economy going….
California Debt Blog: North Carolina Protects Consumers
Effective October 1, 2009, North Carolina consumers have additional protection from debt collectors. Debt collectors in North Carolina are required to produce documents showing that they are the ones who are owed the money. Why is this important? Most credit…
California Debt Blog: Arrow Financial Services Loses A Default
I recently was sent a copy of a denial of default judgment out of Louisiana. Download In that case, Arrow Financial Services asked the court for a default judgment. The court rejected it. Why? For the simple reason that Arrow…
California Debt Blog: Bankruptcies Higher In Wage Garnishment States
The Associated Press recently studied trends in bankruptcy filings. One thing stood out to them: in states where debt collectors can garnish wages, bankruptcies are sharply higher. Five states, North Carolina, Pennsylvania, South Carolina, Florida and Texas, prohibit or sharply…