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Archive for October, 2013

Class Action Suit Filed Against NJ Law Firm Debt Collector Pressler & Pressler

A deceptive-practices lawsuit against Pressler & Pressler, New Jersey’s largest collections firm, is moving forward as a class action. U.S. District Judge Katharine Hayden in Newark certified a class of individuals who allege misrepresentations in a form letter they received from the debt-collecting firm. The form letter in question offered to settle and said once…

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Class Action Suit Filed Against Victoria’s Secret Debt Collector For Violations of the Fair Debt Collection Practices Act

Lawsuit alleges Allied Interstate charged hidden fees after settlement offers have been accepted Third party debt collector Allied Interstate of Columbus, Ohio, allegedly failed to inform credit-card holders who defaulted on payments and then accepted settlement offers, that interest on the debt would continue to accrue, according to the suit, Luna v. Allied Interstate filed…

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Turning the Tables on Debt Collectors

Are you being contacted by phone and mail about a debt that you owe but haven’t paid or can’t pay? Maybe you are being called about somebody else’s debt? Does it seem like your phone won’t stop ringing or that you are threatened that calls will continue until you have cash to pay? Do you…

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FDCPA Applies to Text Messages and Phone Calls

The Fair Debt Collection Practices Act (FDCPA) has a number of complex stipulations that prohibit debt collectors from utilizing practices deemed as harassing. Although some laws within the act can be pretty straightforward, other policies are more complex. For years, reputable debt agencies have understood that certain phone calling activities are illegal. For example, calling…

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Chase To Pay $389 Million Over Illegal Charges For Credit-Monitoring Services

JPMorgan Chase has agreed to pay out nearly a billion dollars to close investigations related to the 2012 “London Whale” trading fiasco, and now is told it must pay out $309 million in refunds and $80 million in penalties over illegal credit card charges for ID and fraud-protection services customers never ordered. In order to…

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