Square Two Financial Corporation, the parent company of bad debt buyer CACH LCC, has filed Chapter 11 bankruptcy.  From the looks of it, this was a “prepackaged” bankruptcy, with Resurgent Holdings LLC waiting in the wings to buy up the assets of the company.  If you are being sued by CACH LLC, your case is […]

I’ve been trying to understand the dynamic behind what appears to be a lot more lawsuits against consumers over bad debts, especially old credit card accounts, especially old credit card accounts that have been assigned to one or more debt buying company.  Today I dusted off a law review article from 2012 that I put […]