Recent Posts in Credit Report Abuse/Fair Credit Reporting Act Category
Posted on Jun 11, 2013 By Melissa Flores, Esq.
In this business, we deal with a great deal of debt buyer cases where the original creditor is no longer involved at all. In fact, most times when debt buyers purchase old debts, the original creditor ...
Continue reading "The 7-Year Issue: Debt Collectors, Original Delinquency Dates, and Your Credit Report" »
Posted on Jan 31, 2013 By Jesse Langel, Esq.
New York-based debt buyer, North Star Capital Acquisitions, failed to convince a federal court that its practice of sending consumers, with its initial complaint, a "Stipulation for Entry of ...
Continue reading "Class Action Accused North Star Capital Acquisition of Abusing Legal Process with Deceptive Stipulations Sent with Initial Complaints" »
Posted on Jan 31, 2013 By Jesse Langel, Esq.
In Purnell v. Arrow Financial Services, LLC (6 th Cir. 2008), Illinois-based debt buyer, Arrow Financial Services, was sued for continuing to furnish a disputed collection account to the credit ...
Continue reading "Debtor Sues Arrow Financial Services, LLC for Furnishing Negative Marks to Credit Bureaus without First Validating a Disputed Debt" »
Posted on Jan 27, 2013 By Jesse Langel, Esq.
The Fair Credit Reporting Act (FCRA) governs the circumstances under which Credit Reporting Agencies ("CRAs") may release credit reports, [1] as well as the circumstances under which users ...
Continue reading "When can Debt Collectors Use my Credit Reports without my Express Permission?" »
Posted on Dec 30, 2012 By Jesse Langel, Esq.
We know that a debt collector's communication of false information to the credit bureaus is a violation of the Fair Debt Collection Practices Act § 1692e(8). But your monetary recovery is ...
Continue reading "Debt Collector Placing False Information on your Credit Report? Punitive Damages May be Available under the Fair Credit Reporting Act." »
Posted on Nov 14, 2012 By Jesse Langel
In a recent audio blog post on insideARM.com titled Do Consumers Really "Trick" Debt Collectors Into FDCPA Violations, two attorneys argued that some questions are designed to ...
Continue reading "Are they "Trick Questions" or Valid Inquires? Debt Collectors Beware!" »
Posted on Jun 25, 2012 By Jesse Langel, Esq.
Generally speaking, as a consumer debtor, you have a claim against any debt collector that knowingly communicates false information to the credit bureaus. But a debt collector has the additional ...
Continue reading "What constitutes a "dispute" sufficient to invoke your right to compel a creditor to notify the credit bureaus that a debt is indeed disputed?" »
Posted on May 6, 2012 By Sheril Stanford
Ohio newspaper The Columbus Dispatch has just published, in a four-day series, the results of its year-long investigation of complaints against the three major credit-reporting agencies in the US ...
Continue reading "Study finds more than half of all who complained to FTC of credit reporting errors were unable to persuade credit agencies to correct the mistakes" »
Posted on Apr 9, 2012 By Jesse Langel, Esq.
After a contentious trial [1] , a jury awarded a consumer $100,000 in actual damages and $623,000 in punitive damages for Midland Credit's "willful noncompliance" of its duties under ...
Continue reading "$723,000 jury verdict sticks against Midland Credit Management, Inc." »