Category Archives: Debt Collection

LAW FIRM SUED FOR FILING FRIVOLOUS LAWSUITS

Palm Beach Gardens firm accused of filing lawsuits just to collect legal fees.
Since starting their own collection agency, LaBovick & LaBovick has filed more than 1,200 suits in Broward court — almost all of which seek less than $50 in damages
By Jane Musgrave, The Palm Beach Post
A Palm Beach Gardens law firm stepped into the […]

Fighting Abusive Debt Collectors

Monica Johnson was being harassed and threatened by debt collectors until she fought back and sued. As Susan Koeppen reports, this is one of many similar cases.
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DEBT COLLECTORS PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES

DEBT COLLECTORS WILL PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES
SOURCE: CreditAndCollectionNews.com

A nationwide debt collector has agreed to pay a civil fine of more than $1 million to settle Federal Trade Commission charges that it violated federal law by inaccurately reporting credit information and pressing consumers to pay debts they often did not owe.
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U.S. Senate Votes Against Mortgage Modification Cramdown

April 30, 2009 by senatus Senators have defeated an amendment offered by Senator Dick Durbin (D-IL) to the Helping Families Save Their Homes Act (S. 896) by a vote of 45 to 51. It was subject to a 60-vote threshold. This is the so-called “cramdown” amendment which would allow bankruptcy judges to modify mortgage […]

Why File Chapter 13? Does Filing Bankruptcy Stop The Harassment?

First and foremost in most people’s minds is they want peace of mind.  Yes, the filing of a bankruptcy case will stop the creditors’ harassment.  If creditors continue harassing the debtor after his or her bankruptcy case is filed, the creditor can be sued in bankruptcy court for money damages.  Most good people need to […]