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FTC Sues Perpetrators of Phantom Collection Scheme

Account Recovery

First, they allegedly misrepresented themselves as attorneys or members of a law firm. Second, the FTC claims they violated the Fair Debt Collection Practices Act by failing to disclose that they were acting as debt collectors and by making threats arrest, property liens, and wage garnishment that they could not legally enforce.

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Analysis of a Scam Email – “The Webster Law Firm” and Speedy Cash

Debt Free Colorado

That said, let me walk you through all the elements of this particular email that tip it off as a scam: From: Sherrill Green <SherrillGreen@outlook.com> Wait, the prestigious “Webster Law Firm” doesn’t have it’s own domain and you’re using a generic outlook.com account? Attorney at Law?

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What is a Judgment?

Credit Corp

Common methods include wage garnishment , property attachments and property liens. State laws determine how much money and what types of property a judgment creditor can collect from you. These laws vary. This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid.

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Eleventh Circuit Holds Garnishment Proceeding Not Subject to FDCPA Venue Clause

Consumer Financial Services Law

The Eleventh Circuit recently joined the First and Eighth Circuits in concluding that the FDCPA’s venue provision does not apply to post-judgment garnishment proceedings. Post judgment, the law firm filed a garnishment proceeding against the consumer’s bank seeking to collect on the judgment. 1692i(a)(2). Ray, CITE. “[A]s

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How To Remove Portfolio Recovery From Your Credit Report

Better Credit Blog

Portfolio Recovery will buy old debt for pennies on the dollar. By purchasing old debt, Portfolio Recovery becomes the debt collector, gambling that it can collect on the debt and make a profit. When you hear from Portfolio Recovery (or any other debt collector), let the agency know that you know your rights.

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8th Cir. Holds FDCPA Plaintiff Lacked Article III Standing In Garnishment Communication Case

Collection Industry News

Rodenburg Law Firm is available at: Link to Opinion. In Minnesota, a creditor may issue a garnishment summons to any third party “at any time after entry of a money judgment in [a] civil action.” The Eighth Circuit found that Creditor’s mailing of the garnishment summons on Debtor caused him no tangible injury.

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What Is a Judgment?

Credit Corp

This is known as wage garnishment. These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Nonwage garnishment. If you’re retired, unemployed, or self-employed, your bank account may be garnished instead. These laws vary.