Consumer attorney Craig Thor Kimmel spoke with Eyewitness News via Skype about consumers’ rights under the Fair Debt Collection Practices Act: PA Home Page posted the video on their website here: Know Your Rights with Debt Collectors – video has been...
Read MoreAccording to a report last month from the Federal Reserve Bank of New York, student debt is now at $870 billion, topping the total owed by Americans on credit cards ($693 billion) and even cars ($730 billion). Right now, 27 percent of...
Read MoreAnne Sessions of Lane County, Oregon is suing Wells Fargo after one of its debt collectors reported to police that that the 85-year-old was threatening suicide, a claim she maintains was false, The Oregonian reports. After hitting financial trouble, Sessions says she...
Read MoreIn what is sure to be considered a major victory for consumers everywhere, the FTC this week ordered Asset Acceptance to pay $2.5 Million in fines. Asset is one of the largest debt collectors / debt buyers in the country. The fines...
Read MoreHackensack law firm Forster, Garbus & Garbus has agreed to pay $35,000 to settle claims that it filed hundreds of debt collection suits against consumers without individual attorney review. The firm allegedly violated the federal Fair Debt Collection Practices Act,...
Read MoreCollection Calls are always a nuisance, but they are even more annoying when they involve a debt that is too old to be collected through a lawsuit. These old debts are the ones where the statute of limitations has long since...
Read MoreIt may be time to score one for the little guys. The largest purchaser of consumer debts in the United States, Encore Capital Group, is under investigation by regulatory authorities in North Carolina. A recent securities filing by the San...
Read MoreDebt collectors have been known to use various techniques to secure payment, some of which violated the Fair Debt Collection practices act (FDPCA). This can include pestering debtors, their friends, relatives and co-workers with calls at inappropriate times and places....
Read MoreA NJ man recently received phone calls from someone claiming to be a debt collector. As it turns out, he paid his loan back months ago but the phony collection calls still tried to scam him out of hundreds of...
Read MoreGraduation season is upon us. On campuses around the country the sights of robes and graduation caps, the sounds of “Pomp and Circumstance,” and the photos of loved ones celebrating the day fill the senses of graduates, friends, and families...
Read MoreAny type of debt harassment is a pain. But what about debts that have literally risen from the dead? Zombie debt is a debt that is old and often forgotten, or is a settled debt being brought back by a...
Read MoreDebt Collectors can be nasty and have earned their reputation for not being easy to deal with. It is easier it seems to avoid them altogether, hoping that the problem will go away on its own. Unfortunately, collection agencies have a...
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