‘Ethics’ Archives
Bank Gets Sued For Bad Business
Credit card issuer Capital One Bank and four other companies were sued by West Virginia Attorney General Darrell McGraw for deceptive and unfair practices and bad business conduct. The complaint was filed this week in West Virginia's Circuit Court and it alleges that Capital One fooled consumers into repayment plans by sending out solicitations [...]
Beware Of Cash4Gold
We've all seen them - the flashy "Cash4Gold" commercials, at times they feature people on the street dancing, or at other times, M.C. Hammer promising fast cash in turn for your old, unused jewelry. Although human nature makes us want to unconditionally trust the dancing person or even with his track record, M.C. Hammer, it turns out that [...]
Personal Injury Lawyer In Philadelphia, A Manual To Client Satisfaction
We live in a world where risk is managed as much as possible. At least in the so called first world people, companies and governments try to control the risk of the activities we carry out, the food we eat and the products we buy. In fact, everything that is done on a commercial basis must be assessed by a risk assessment. This is a good thing; it [...]
New N.J. Debt Collection Act Is Closer To Reality Than Before
The first call came in late April. Megan Duffy, a 21-year-old college student, answered the phone at her parents' home in Belmar, N.J., and heard the voice of a debt collector. With just one credit card and a few hospital bills to pay off, she wasn't bothered. For Duffy and other New Jersey residents who feel bothered by debt collectors, [...]
Debt Collections From Business To Business
Debt collection is the collection of the delinquent debt amount from the debtor. Business to business debt collection is generally a dull process. It has to be worked on with ample effort since business relationships must not be burned. Federal law also restricts harassment and abusive practices in debt collection, imposing the Fair Debt [...]
FTC Looking For Public Comment On Debt Collection Processes For Workshop
The Federal Trade Commission (FTC) last week put out a announcement for public comment in advance of its two-day workshop on debt collection litigation and arbitration practices to be conducted in early August. The FTC will be hosting a workshop in Chicago " formally titled Protecting Consumers in Debt Collection Litigation and Arbitration: A [...]
NY Attorney General Settles With Three Collection Agencies For $245,000 Total
New York Attorney General Andrew Cuomo announced late Tuesday that his office has attained a deal with three Western New York debt collection agencies through which the businesses will pay a total of $245,000 in penalties and costs and agree to change some of their collection techniques. The three companies -- Creditors Interchange Receivable [...]
Buffo Collection Agency Owner Arrested By NY Attorney Genera Cuomo
At a press conference Tuesday in Buffalo, N.Y., New York Attorney General Andrew Cuomo declared that his office has shut down a debt collection operation in Western New York that included at least 9 collection agencies owned by Tobias Boyland. Cuomo stated that his office carried out search warrants on 4 of Boylands businesses and his residence [...]
New Regulations Seek To Limit Debt Collections
Debt collectors could be dealing with tougher rules on their ability to collect money if bills proposed by the governor and New York state Assembly ever get passed by the state Senate. Before the state Senate went into a eventual dead end, the state Assembly passed a series of laws steered at cutting down on debt collector abuses that include [...]
Ask Doctor Debt Intends To Enlighten The Public On Financial Literacy And Debt Collections
It is about time that someone stepped up in an endeavor to enlighten the public on legal debt collection practices and general financial literacy. With a innumerable amount of imitation debt collectors throughout the United States preying on innocent consumers, Ask Doctor Debt serves to cure this ever growing situation by giving consumers an [...]
