Consumer Abusers Face Consequences
Junk lawsuits, aggressive collection practices lead to fines, penalties
If you’re a consumer who has fallen into debt with a creditor, you may be looking for answers.
Unfortunately, what you often get from debt collectors is harassment and intimidation.
A final step can be as egregious as a collection lawsuit or the repossession of your car.
However, in a number of cases, the collectors filing suit don’t have proper standing or adequate documentation to justify the claims.
These suits, then, are one more way collectors attempt to get borrowers to pay — often for debts or amounts that aren’t even owed.
A pair of recent stories highlights two cases where creditors or collectors are being held accountable for their aggressive (and sometimes illegal) actions.
Citibank, Discover use Law Firm Accused of Filing Junk Suits
From NewsBreak:
The CFPB announced it is bringing an action against the law firm of Forster & Garbus for illegal debt collection practices, including the filing of junk lawsuits designed to intimidate consumers into paying claims.
“Forster & Garbus bombarded…
