Before announcing its acquisition today of Asset Acceptance, Encore Capital Group (aka “Midland Funding”, “Midland Credit Management” and “MCM”) boasted that it has one out of every nine collection “accounts”. In the $200 million purchase of Asset Acceptance, Encore is adding millions more in receivables to its portfolio, claimed from financially distressed consumers. Encore Capital,…
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On February 20th, the Federal Trade Commission (FTC) announced victory, at least temporarily, in halting unauthorized credit card transactions involving thousands of consumers. The scammers charged credit cards for non-existent goods and services totaling more than $25 million, targeting financially vulnerable consumers who had at some point prior to the transaction, applied for a pay…
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Consumer Attorney Craig Thor Kimmel, Founding Partner of CreditLaw.com, visited Good Day Philadelphia to discuss how consumers can battle harassing collection calls. Under the Fair Debt Collection Practices Act, consumers can get the collection calls to stop and possibly receive damages of up to $1,000.
Getting harassed by a debt collector can be frustrating, annoying and even scary. Fox 43 Morning News spoke with Pennsylvania consumer attorney Craig Thor Kimmel about your rights. (Video has been removed – Admin)
Do you have debt? How do you stop collection calls? Craig Thor Kimmel explains debt collection practices (FDCPA) and other laws people should know. Click Here to Watch the Interview: Debt Collection by Ebru Today
Consumer attorney Craig Thor Kimmel spoke with Eyewitness News via Skype about consumers’ rights under the Fair Debt Collection Practices Act: PA Home Page posted the video on their website here: Know Your Rights with Debt Collectors – video has been taken down, link removed.
Hackensack law firm Forster, Garbus & Garbus has agreed to pay $35,000 to settle claims that it filed hundreds of debt collection suits against consumers without individual attorney review. The firm allegedly violated the federal Fair Debt Collection Practices Act, 15 U.S.C. 1692e(3), by giving a false impression that an attorney was involved in the…
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Graduation season is upon us. On campuses around the country the sights of robes and graduation caps, the sounds of “Pomp and Circumstance,” and the photos of loved ones celebrating the day fill the senses of graduates, friends, and families as one chapter comes to an end and they embark on a new one. Unfortunately,…
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The Federal Trade Commission (FTC) alleges that debt collection agency, West Asset Management, violated the Fair Debt Collections Practices Act (FDCPA) on multiple occasions, leading to thousands of consumer complaints. Century Negotiations President Amy Michalo-Rojas urged clients, and the general public, to stay informed about these types of cases so they can recognize when a…
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These debt collectors view their violations of the FDCPA as a business decision instead of a lawful requirement that may must abide by.