Consumer News
Consumer Complaints against Debt Collectors at All-Time High
The US Federal Trade Commission (FTC) recently published its annual report on the Fair Debt Collection Practices Act (FDCPA). In this report, the FTC alarmingly highlights a sharp increase in consumer complaints about debt collectors. In 2010, consumers lodged 140,036 complaints against debt collectors; these claims of abuse now account for 27 percent of all [...]
CACH LLC Buys Millions in Uncollectable Credit Card Debts
On the heels of robo signing and other consumer financial scandals, Bank of America recently sold the rights to collect defaulted credit card debts to a junk debt buyer, CACH LLC of Denver Colorado. Many of these credit card debts were sold for as little as 1.8 cents on the dollar. It was learned that [...]
Asset Acceptance Tries to Cheat Consumer Out of Her Attorney’s Fees
Asset Acceptance, LLC of Warren, MI is one of the largest junk debt buyers in the nation. Its stock is sold on a national exchange, and it has the backing of Wall Street. As a debt collector, Asset Acceptance is frequently accused of violating the Fair Debt Collection Practices Act (FDCPA) as well as state [...]
Caveat Emptor: Beware of the Balance Transfer Scam
As Americans struggle in this slow economy, debt collectors are finding creative ways of separating struggling debtors from their dollars. One way is the use of so-called “balance transfer programs.” Many debts are legally unenforceable due to the expiration of the statute of limitations. A legally unenforceable debt is less valuable to a debt collector [...]
Judge Finds West Asset Management’s Collection of “Death Debt” Unlawful
The 68 year-old Florida widow, Linda Long, won the right to pursue West Asset Management (West Asset) for damages in a civil suit. A Florida judge assigned to the case found in her favor after weighing facts that West Asset harassed the widow when it tried to collect a debt her deceased husband owed to [...]
More Consumer News
Fair Debt News
The FDCPA Provides Important Consumer Protections
When consumers get in over their heads financially, they may become the victims of harassing phone … [Read More...]
What Are My Rights Under the FDCPA?
If you use personal credit cards, owe money on a personal loan, have medical or student loan debt, … [Read More...]
Debt Collector Patenaude & Felix Allegedly Ruined Family’s Opportunity to Refinance Mortgage
A Harrisburg-area woman accused the debt collection law firm, Patenaude & Felix, A.P.C. of … [Read More...]
Recent Lawsuits
Discover Bank May Not Be Able to Sue PA Consumers Who Defaulted More than 3 Years Ago
Today, our client won a decisive FDCPA victory against Stock & Grimes, LLP and, indirectly, … [Read More...]
Midland Funding or Pressler & Pressler to Pay A Lot of Money
Our client came to us alleging that the junk debt collector Midland Funding, LLC and its debt … [Read More...]
N.J. Federal Court Enters Judgment Against Collectcorp
Consumer Litigation Group successfully obtained a judgment on behalf of its consumer client against … [Read More...]