A great round table was held recently on December 4 at the FTC over the unfair practices by debt collectors. One part of the conference talked strictly about debt collecting on old debt or debt which is past the statute of limitations, also called time-barred debt. If a debt is out of statute of limitations [...]
Entries Tagged as 'Legal Stuff'
Florida State Attorney General Files Suit Against Debt Settlement Firms
October 20th, 2009 · 13 Comments · Credit Cards, Debt Settlement, Legal Stuff
Florida State Attorney General Bill McCollum recently filed two lawsuits against Texas-based Credit Solutions of America, Inc. (CSA) and Clearwater-based ADA of Tampa Bay, Inc., which does business as American Debt Arbitration. The lawsuit against ADA also names the company’s principal Glenn P. Stewart, as well as Arizona-based entities Nationwide Asset Services, Inc., Service Star, LLC, and Universal Debt Reduction, LLC.
Tags: American Debt Arbitration·consumers·Credit Solutions of America·debt negotiation·Debt Settlement·Florida·lawsuit·State Attorney General
Documentation and Organization Are Keys To Credit Repair Success
September 24th, 2009 · 5 Comments · Credit Repair, Debt Settlement, Identity Theft, Legal Stuff, Mortgages
Ever tried to return an item but didn’t have a receipt? Tried to prove you made a payment on a bill when your credit card company said otherwise? Tried to get a mortgage? Gone through an IRS audit? How about repairing your credit? The tip to success in all these situations is having good documentation [...]
Tags: agreements·certified mail return receipt requested·credit bureau·Credit Repair·CRRR·Debt Settlement·dispute letters·documentation·Mortgage·organization·progress·receipts·success
FICO.com suing “Big 3″ Credit Bureaus for Trademark Infringement
August 6th, 2009 · No Comments · Credit Bureaus and Scores, Legal Stuff
In what looks to be a battle of Goliaths, Fair Issac’s FICO.com brought suit against Experian, TransUnion, Equifax and VantageScore for trademark infringement, anti-trust unfair competition, passing-off claims and false advertising. Recently, United States District Court in Minneapolis dismissed the antitrust and false advertising claims asserted by FICO against Experian, Trans Union, Equifax and VantageScore. [...]
Tags: anti-trust·Equifa·Expxerian·Fair Isaac·FICO·lawsuit·press release·trademark infringement·transunion·unfair comepetition
