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 […]

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 […]