A New Jersey man hired the Law Office of Dimitrios Kolovos, LLC to file a lawsuit against the debt collector National Credit Adjusters L.L.C. of Hutchinson, Kansas. The Complaint alleged that the Defendant violated the Fair Debt Collection Practices Act (FDCPA). The FDCPA is powerful consumer rights statutes regulating the conduct of consumer debt collectors. The Consumer filed his lawsuit in the United States District Court for the District of New Jersey located in Camden, New Jersey and demanded that judgment be entered against the Defendant for his statutory damages, actual damages, attorney’s fees, and the costs of his action.
The Complaint alleged that National Credit Adjusters (a junk debt buyer of old, defaulted payday loans) unlawfully charged usurious interest in violation of New Jersey law for payday loans. Further, the payday lenders from whom National Credit Adjusters allegedly bought the payday loans were not licensed to lend to New Jersey consumers. Shockingly, one of the payday loans allegedly charged a 1261% interest rate the Complaint stated. Also, Defendant pretended a debt collection lawsuit had been filed against the Plaintiff when its debt collection law firm, Marshall & Quentzel, L.L.C. deceptively used langue to suggest there had been. National Credit Adjusters also threatened the Plaintiff’s job and his future job prospects through its agent, Marshall & Quentzel.
“Consumers harassed, abused, or deceived by payday lenders and their debt collectors must ask themselves if the payday loans were originally legal in the first place,” said Joseph A. Mullaney, III, attorney for the Plaintiff. “If the state in which you borrow the payday money,” he continued, “requires licensing, the payday loans may not be legal and may not have to be repaid.” Even if they are legal, a determination only an experienced Consumer Rights Attorney should make, the loans must be collected fairly and without deception. “Pretending a lawsuit has been filed when it has not may violate the FDCPA,” he said. “A debt collector who threatens a person’s job or future career when collecting a consumer loan may now owe the consumer compensation through the FDCPA,” he finished.
If you believe National Credit Adjusters or Marshall & Quentzel is harassing, abusing, or deceiving you, a consumer may want to consider sending a cease and desist letter to National Credit Adjusters or Marshall & Quentzel. Their contact information is:
National Credit Adjusters, L.L.C.
327 West 4th Street
Hutchinson, KS 67504
Marshall & Quentzel, LLC
64 North Summit Street, Suite 209
Tenafly, NJ 07670
You should send any communication by certified/return receipt requested mail.