Elizabeth Warren

Portfolio Recovery Slapped With $83 Million Verdict

Portfolio Recovery Was Found Liable For Malicious Prosecution And For Violating The Fair Debt Collection Practices Act   A jury in Missouri recently awarded $251,000 in damages to Maria Guadalupe Mejia Alcantara, who was wrongfully sued by a debt collector, Portfolio Recovery. The jury also awarded her an additional $82.99 million in punitive damages assessed […]

FDCPA

This is Huge! 6th US District COA Rules Foreclosures Fall Under FDCPA

Says Foreclosure Mills Must Comply With FDCPA Using common sense and basic rules of statutory construction, the 6th Circuit Court of Appeals ruled that foreclosures were indeed about the collection of money and therefore fall under the Federal Debt Collections Practices Act (FDCPA) especially if the loan is a Fannie Mae or Freddie Mac loan. In […]

debt collectors

Prosecutors Sell their Soul To Debt Collectors

Prosecutors As, “What is thy bidding my Master?” To Debt Collectors   Jessica Silver-Greenberg, NY Times The letters are sent by the thousands to people across the country who have written bad checks, threatening them with jail if they do not pay up. They bear the seal and signature of the local district attorney’s office. […]

Wells Fargo Whistleblower

I Don’t Hang Up On Bill Collectors, They Hang Up On Me!

With Bill Collectors, It’s All About Having The Psychological Edge Are pesky bill collectors bothering you? Are they bothering you at all hours of the day? Do bill collectors call you on your cell phone while you’re coaching your kid’s soccer game? Do annoying bill collectors bother you will you and the wife are having marital relations? Are […]

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