A favorite ploy of old debt buyers is the production of notarized affidavits when they sue or attempt to validate your alleged account. Within the affidavit they claim to have knowledge of the account and to be in possession of the documents which prove their statements to be truthful. There is… Read full post »

Recently my company was profiled in the medium listed herein. In this period of econommic dislocation for numbers of Americans that are growing almost geometrically every day it is crucial to know your rights when confronted by collection agencies. You may be a college professor, former investment ba… Read full post »

On March 9, the U.S. Supreme Court in a majority opinion written by Justice Ruth Bader Ginsberg said that a suit brought by Discover "was triggered by Discover's garden variety, state-law debt collection claim against Vaden," and thus belonged in state court.  The decision came about from a suit… Read full post »

Maybe The Worst Collection Agency In The U.S.

Remember the name Unifund. If you ever receive mail from them or a phone call from them..watch out!

What I have learned is that Unifund is owned by the infamous Zises brothers who founded Integrated

Resources and royally screwed investors… Read full post »

I was waiting to hear back from the U.S. Comptroller Of The Currency before writing this blogpost. I filed a formal complaint against Citibank South Dakota and Sears in January and Febuary 2009. Gee those people at the Comptroller of the Currency really work fast don't they? Four months to answer… Read full post »

To appreciate the frustration of dealing with bureaucratic stupidity and incompetence you need to first read parts 1 and 2 to really appreciate how big business and specifically large financial institutions succeed in compromising consumers day in and day out. You will recall that this saga began on… Read full post »

On July 7 I received the following comment from an apparently disgruntled reader and an employee of Fredericks, Goldstein & Zoe which I have now approved for posting. Here is the precise quote in CAPS as the author sent it:

"THIS COMPANY, YOU GUYS COMPLAIN ABOUT HAS DONE SO MUCH TO… Read full post »

Debt validation if not the most powerful weapon a consumer has against disreputable, unethical debt collection agencies and debt collection attorneys is right up there in the top 3. The Fair Debt Collection Practices Act is very specific about what the definition of "creditor" is. The creditor is the… Read full post »