Posts Tagged ‘ACA’
A sympathetic feature on a debt collector—and the ACA oath
The Twin Cities Daily Planet recently did a feature article on Sharon Hemmeke and Michelle Wallace of Phoenix Management Systems, Inc., a collection agency near Loring Park in Minneapolis. The article is a sharp departure from the recent reporting on debt collectors, which tends to be negative.
Wallace says collecting debts “can be very rewarding. Sometimes [...]
Pete Barry makes dirty debt collectors pay
The CityPages just did a feature on my colleague and friend, Pete Barry. Choice quote:
“Why did you call my client a lowlife piece of shit?” Barry asked.
He was in California, deposing a debt collector who wore a Sean John T-shirt and a look of disdain.
“In my opinion, why was he a lowlife piece of shit?” [...]
Debt buyers upset that they might actually have to tell consumers their debt has been sold
The Massachussetts House of Representatives is considering a bill that would require debt buyers to notify consumers when the debt buyer purchases the consumer’s debt. The bill would require the notice to contain
the dollar amount of the debt;
the original creditor;
the date on which the debt purchaser bought the debt; and
the interest rate and penalty charges [...]
