In May 2009, Cary Flitter and consumer attorney Andrew Ogilvie present to consumer protection attorneys at the Fair Credit Reporting Conference in Chicago,IL.
According to a recent survey, debt collectors have been getting more aggressive and persistent with their collection calls. These can lead to violations of a consumer protection statute, the Fair Debt Collection Practices Act. From creditcards.com:
Employers these days look at a whole host of consumer information about you before they offer you a job. Consumer reporting agencies regularly furnish prospective employers with applicants' credit histories, civil judgments, and criminal records. If any of this information is inaccurate (and it often is) - it can cost you the job.
According to a recent research study, the Cash-for-Clunkers program resulted in high rates of repossessions for new car buyers. From USA Today: "Higher credit risk buyers who used the government's cash-for-clunkers program last year to buy a new car had higher repossession and late payment rates than those who didn't use the program.."
Auto repossessions are at an all-time high in this bad economy. Repossessions are a 50-state epidemic - take for instance, the poor Califormia mom whose son was repossessed with her car!
Mann Bracken, LLC, the once-dominant collections law firm, appears to be going under as a result of its ties to the collections conglomerate Axiant (which filed for bankruptcy in November) and the disgraced National Arbitration Forum. In December, the Consumers Law team scored a big win for PA consumers in a class a