Debt Collectors Pay Price A debt collector recently charged a borrower $2.95 in interest on a judgement, even though no post-judgement interest had been awarded. A district court decided that this violated the Fair Debt Collection Practices Act, meaning that the debt collector had to pay the borrower $1,000.00, plus legal fees. This might seem […]
Read MoreDebt Collector Lied to Courts A New York Federal Court found that a certain debt collector has been lying to courts on a grand scale. The procedure is a little complicated, but an explanation will highlight some of the issues debt collection defendants frequently face. In this particular case, the debt collector essentially manipulated Courts […]
Read MoreFiling Error Prevents Bank From Collecting Debt Recently, a trial court decided that Citibank could not recover a credit card debt, because its attorney forgot to attach an affidavit to a court filing. The affidavit should have provided the amount of debt the defendant was alleged to have owed. Without an affidavit stating the amount […]
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