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Monthly Archives

Archive for 'debt buyers'

Forget the Facts! Robo-Sign it!

By Craig Kimmel on April 30th, 2013 | No Comments

Posted in: Debt Collectors, Debt Scams
Tags: affidavits, debt buyers, mass-production, Midland Funding, robo-signing

Judgments against unsuspecting consumers for defaulted loans are being churned out by debt collectors like Midland Funding, using robo-signed affidavits of debt as substitutes for properly investigated, properly documented debt. Robo-signing is the mass-production of “sworn” affidavits used to prove outstanding...

W. Va. Woman Fights to Collect $10 Million from Debt Collectors

By Craig Kimmel on April 26th, 2012 | No Comments

Posted in: Debt Collection Methods, Debt Harassment
Tags: debt buyers, debt collection harassment, harassment, Reliant Financial Associates, RFA

West Virginia consumer Diana Mey is trying to collect money from a collection agency after winning the largest judgment ever against an abusive debt collection company — more than $10 million. “I’m a mom, and I’m a housewife, and I’m an accidental...

Bank of America Sold Card Debts to Collectors Despite Faulty Records

By Craig Kimmel on March 30th, 2012 | No Comments

Posted in: Credit Card Debt, Debt Collectors
Tags: bank of america, BOA, Credit Card Debt, debt buyers, inaccurate, records

In a series of 2009 and 2010 transactions, Bank of America sold credit card receivables to an outfit called CACH LLC, based in Denver. Co. Each month CACH bought debts with a face value of as much as $65 million for 1.8...

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