Archive for March, 2011
It’s one thing to read news and simply acknowledge the article as containing something of interest. It’s quite another experience to read an article, ponder it and think about the “story behind the story.” In this case, I am thinking about the article that I read reading West Asset Management. This is a fairly large [...]
I find that many debtor collectors, although properly trained, frequently fall into a large trap under the Fair Debt Collection Practices Act. The Location Information Exception to the rule against contacting third parties is a large and gaping hope in many collectors’ understanding of the statute. Lets review it: The General Rule against Contacting Third [...]
A Eugene, OR attorney recently surrendered his law license in connection with a settlement he entered into with the Oregon State Attorney General. Derric McGavic specialized in representing national debt collectors that buy defaulted consumer obligations in massive quantities on the secondary market, often for pennies on the dollar. McGavic allegedly misidentified or purposefully [...]
Despite what the media may say, there is no such thing as Debtor’s prison.