Category: Encore Capital Group
Human Rights Watch Issues Report on the Debt Buying Industry
Human Rights Watch just issued a detailed study on the Debt Buying Industry titled US: Courts Rubber Stamp Corporate Suits Against Poor. They found the industry to be abusing court system. Imagine that, go figure. All kidding aside, the more publicity to this problem, the better, and Human Rights Watch deserves some credit for […]
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 […]
Encore Capital to Set Aside 4,500 Flawed Collection Judgments in New York.
New York Attorney General Eric Schneiderman, announced a settlement with one of the largest bad debt buyers in the country, Encore Capital Group. Encore agreed to set aside 4,500 judgments that were procured with faulty dcoumentation. Apparently there were even falsified credit card statements presented to get some of these judgments. In Indiana Encore’s main […]
