Feds Investigating Banks for Debt Collection Abuse
The Office of the Comptroller of the Currency will investigate banks for filing hundreds of thousands of abusive debt collection lawsuits. In many cases, debt buyers use shoddy records or flimsy affidavits in support of these lawsuits. According to the Washington Post, a probe of JPMorgan Chase that started in 2011 will be expanded to […]
Debt Collection Companies and Negotiating Debts
Many of my clients get debt collection calls and and debt demand letters, and many of these calls and letters come from just a few debt collection agencies. All of the big banks contract out their default and delinquent accounts to a relatively small number of large debt collectors. If you are sued on a […]