Posts Tagged ‘collection’

How To Keep Debt Collectors Out Of Your Pockets | New York Consumer Litigation

If I am posting less than you would like, it is because I am busy working for my clients. Here are the links I haven’t had the time to comment on from the last week or two:

What’s Worse Than Inflation? Deflation. | Consumerist
The Wall of Debt (Financial Voyeurism) | StopBuyingCrap.com
Terrific Online Saving Sites | Terri’s [...]

Close on the heels of the Star Tribune article on Minnesota’s debt-friendly collection laws, the editorial staff urges reform of Minnesota’s unforgiving debt-collection laws.
I agree. As I was quoted in the article by Kara McGuire and Randy Furst: “Once you’re in danger of losing money, I think the court should be on top of it. [...]

Pete Barry was on the Morning Show with Mike and Juliet this morning. His advice on making sure you are not dealing with a rogue debt collector: make sure you get an address and phone number, at least.
But in the end, it can be hard to know whether the collector on the phone is legitimate. [...]

Chicago joins California and Minnesota in the news, as its civil courts try to deal with moving more than 119,000 debt collection lawsuits through the system.

“Two defendants have agreed to settle Federal Trade Commission charges for allegedly victimizing Spanish-speaking consumers nationwide by posing as debt collectors seeking money the consumers did not owe.” Defendants in Debt Collection Scheme Aimed At Hispanics Agree to Settle FTC Charges [FTC News]

Along with its great article on Pete Barry vs. the debt collection industry, the City Pages dug up a couple of vintage postcards used by debt collectors of yore to shame debtors into paying up.
Check ‘em out:

The Avenger: Expanded Content [City Pages: The Blotter]

Speaking of screwing consumers, California consumer lawyer Jonathan Stein has an instructive story on what happens when corporations and debt collectors try to bully consumers into paying debts—even debts they do not owe.
His client sold a car that was later involved in an auto accident. Because the buyer did not register the title or obtain [...]

You know who I’ll bet is really happy about the stimulus checks coming next month? Debt collectors. Tax refund is (usually) happy season for debt collectors, and this year they get two bites at the apple.