Consumer News
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 [...]
Illegal Wage Garnishment on Payday Loans Punished by the FTC
Aside from a smoky pool hall with its visible collection of baseball bats, payday loans are the next worst form of consumer lending. But, payday loans promise easy credit in a pinch. Friendly websites, fast talking, and a faux concern for a person’s financial well being makes even the Pied Piper blush. Even celebrities are [...]
New CFPB Seeks Hot Tips on Financial Lawbreakers
The new Consumer Financial Protection Bureau (CFPB) recently announced a program to catch persons and businesses violating financial regulatory laws. It particularly seeks tips from company employees and insiders who know of an employer’s financial services violations. The CFPB hopes that if it can learn of direct evidence from those in the know, it can [...]
Capital One Flouts Bankruptcy Laws
Capital One, a major issuer of credit card debt, is fully subject to the bankruptcy laws. Despite its sophistication as a major lender, it routinely flouts the Bankruptcy Code according to sources. Courts and bankruptcy administrators had begun investigations of Capital One to determine if its unlawful conduct is intentional and to what extent it [...]
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...]