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Archive for April, 2011

Ohio Man Receives $16.4 Million Cable Bill, Woman Receives $286 Million Credit Card Bill

By K&S on April 21st, 2011 | No Comments

Posted in: Credit Card Debt, Debt Collectors
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Computers are used to keep track of everything from personnel records, to bank accounts, to loans and revolving credit. When computer glitches occur, they can create havoc in your life. Just ask Daniel DeVirgilio, an Ohio man who recently received a cable bill for $16.4 million. An engineer at Wright-Patterson Air Force Base, he did…

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Foreclosures and the FDCPA

By K&S on April 15th, 2011 | No Comments

Posted in: Fair Debt Collection Practices Act, FDCPA
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Foreclosures and falling home prices continue to plague Americans all over the country. According to a report by 60 Minutes, banks that want to foreclose on homes can’t find the original ownership documents. Where did they go? It turns out that corners were cut by lenders and their investors on Wall Street by not maintaining…

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