If you believe that most professional debt collectors are honest, hardworking, salt of the earth type people, this story may change your mind. Lamont Cooper, age 38 and from New York, owned a business called Legal Action Recovery, which was…
Posts Categorized In: Legal Process
California Debt Blog: Pressure to Pay Others’ Debts a Growing Problem
A new problem with debt collectors has been emerging in recent years – debt collectors who pursue the wrong people in order to collect a debt owed by someone else. Some collectors even know that they are pursuing the wrong…
California Debt Blog: Debtors Fighting Back Against Collectors in Court
Recently, I wrote about the flood of lawsuits from creditors seeking payment on debts, often with little or no proof that the debt is even owed. The other side of the coin, highlighted by this article, shows that debtors are…
California Debt Blog: Courts Overwhelmed by Number of Automated Debt Collection Lawsuits
Since the recession began, increasing numbers of Americans are becoming unable to pay their debts. As a result, debt collection lawsuits are now overwhelming the court system. As the New York Times reported, many debt collection law firms are now…
California Debt Blog: Hotels are Frequent Targets of Credit Card Hackers
A recently released study found that a whopping 38 percent of all credit card hacking cases in 2009 involved the hotel industry. Hackers are believed to steal credit card information from hotels because many of them lack sufficient data security….
California Debt Blog: Debt Collectors’ Claims Beginning to Cause Doubt Among New York Judges
According to this New York Times article, during the current recession, debt collectors in New York have begun to file suits against debtors in record numbers – and often, this occurs without sufficient evidence that the collectors have the right…
California Debt Blog: FAQ: What is a debt collector forbidden from doing?
Question: I think my debt collector is harassing me. What is the debt collector legally forbidden from doing to collect the debt? Answer: The Federal Trade Commission publishes a guide for consumers that details exactly what debt collectors can and…
California Debt Blog: Supreme Court Ruling Helps Protect Consumers from Debt Collectors
On April 21 the U.S. Supreme Court issued a ruling in favor of debtors who are subject to abuses at the hands of debt collectors. In Jerman v. Carlisle, the Court ruled that if a debt collector makes an incorrect…
California Debt Blog: FAQ: Credit Checks by Prospective Employers
Can a Potential Employer Run a Credit Check on Me? In California, yes. A bill went through the California Legislature last year that would have prohibited employers from running credit checks on perspective employees, but it was vetoed by Governor…
California Debt Blog: Recent Study Shows Chapter 13 Bankruptcy Does Little to Save Homes
Under federal law, there are several types of bankruptcies available to debtors. A Chapter 7 is the most common form of bankruptcy, and involves a process of liquidation. In a Chapter 13 bankruptcy, a debtor does a reorganization and proposes…