Category: debt buyers
CFPB LEVIES MILLIONS OF DOLLARS IN FINES ON #1 AND #2 DEBT BUYERS
In what might be a foretaste of things to come, the Consumer Financial Protection Bureau (CFPB) once again reminded bad guys that there is a new sheriff in town by levying fines totaling mtens of millions of dollars against the #1 and #2 bad debt buying debt collectors. The number one collector, Encore Capital Group […]
The Affidavit From Hell
I’ve been spending a lot of time working on issues regarding assigned debts. When bottom feeder collection agencies sue on these accounts, they rely on affidavits from employees who are allegedly knowledgeable about the status of the accounts. Here is an affidavit that was filed in court by the law firm of Bowman Heintz Bocia […]