br />Earlier this month, we posted on the New York Times article regarding agencies that collect on dead people’s debt.
Well, it appears that US Senator Charles Schumer from New York has read the article as well (or maybe he heard about it here?) and has called for a Federal Investigation into collecting on dead people. [...]
While the IRS has stopped working with private collectors, many local District Attorney’s offices have not. A company called American Corrective Counseling Services provides for-profit services to local District Attorney’s offices, including Los Angeles County. The company sends out letters on District Attorney’s letterhead threatening prosecution and jail time for writing bad checks, [...]
Continue reading about DA’s Partner With Private Company to Collect on Bad Checks
Attorney General McGraw Settles with Brady and Caruso; Consumers Receive $290,000 in Cancelled Debt.
Press Release
March 13, 2009
West Virginia Attorney General Darrell McGraw today announced that his office has entered into a settlement agreement with Brady and Caruso which will provide $9287.87 in refunds and $282,953.84 in debt cancellation for approximately 174 West Virginia consumers. Brady and Caruso, LLC, doing business as Brady, Caruso, and Associates, LLC, is a [...]
In a very disturbing case, the 7th Circuit has ruled in favor of debt buyers by upholding a lower court decision that MCM Capital Group did not violate the Fair Debt Collections Practices Act (FDCPA). In Wahl vs. Midland Credit Management, the court decided that by referencing the total amount of debt purchased as [...]
Continue reading about 7th Circuit Rules in Favor of Debt Buyers
The IRS announced today that it will end its controversial, three year private collection experiment. The IRS had used three companies over the last three years to collect on back taxes that would otherwise be ignored by the government agency. IRS Commissioner Doug Shulman announced that the IRS would hire 1,000 new employees [...]
