admin Posted April 1, 2013 Report Share Posted April 1, 2013 Also talks about steps to litigation. http://www.directrecovery.com/process/ Link to comment Share on other sites More sharing options...
shellieh98 Posted April 1, 2013 Report Share Posted April 1, 2013 yep it pretty much sums it up lol. They need a seperate one for Defendants who have access to creditinfocenter.com. or add "Attorney gives up, and advises client to sell the loan to someone else" 1 Link to comment Share on other sites More sharing options...
qbert Posted April 1, 2013 Report Share Posted April 1, 2013 am i no longer a 'least sophisticated consumer' now that i read their strategy? Link to comment Share on other sites More sharing options...
admin Posted April 1, 2013 Author Report Share Posted April 1, 2013 am i no longer a 'least sophisticated consumer' now that i read their strategy?It's up to them to prove that. Link to comment Share on other sites More sharing options...
WhoCares1000 Posted April 1, 2013 Report Share Posted April 1, 2013 This is so high level that is does not preclude anyone reading it from being a "least sophisticated consumer". What happens, if say, the court decide in favor of the defendant or it the company is required to dismiss the case for example. Link to comment Share on other sites More sharing options...
Coltfan1972 Posted April 1, 2013 Report Share Posted April 1, 2013 That's a lot of steps but they left one off. - Debtor they take for an idiot sues and we close our file but not before doing so much damage is done and the debtor drags the client into litigation under vicarious liability. and - We pay the debtor a settlement to keep their mouth shut. Link to comment Share on other sites More sharing options...
Flyingifr Posted April 2, 2013 Report Share Posted April 2, 2013 You don't ever lose "Least Sophisticated Consumer" status no matter how sophisticated you are. They left out the following steps: * Receive VOD demand from debtor, continue collection efforts, we get sued.* Debtor notifies us that telephone calls are inconvenient, we continue calling, we get sued.* Debtor disputes the debt, we don't update our Trade Line in the Credit Bureau, we get sued. and a host of others ending in "we get sued" 1 Link to comment Share on other sites More sharing options...
Jimmy E Posted April 2, 2013 Report Share Posted April 2, 2013 GR8 info! Link to comment Share on other sites More sharing options...
Rivertime Posted April 2, 2013 Report Share Posted April 2, 2013 "Attorneys initiate bank levies/ garnishment orders/ liens/ etc. to satisfy the judgment" Not to CIC members... Link to comment Share on other sites More sharing options...
Flyerfan Posted April 2, 2013 Report Share Posted April 2, 2013 That's a lot of steps but they left one off. - Debtor they take for an idiot sues and we close our file but not before doing so much damage is done and the debtor drags the client into litigation under vicarious liability. and - We pay the debtor a settlement to keep their mouth shut. Don't you have a video you should be working on? Haha Link to comment Share on other sites More sharing options...
JohnDoe692 Posted April 2, 2013 Report Share Posted April 2, 2013 I looked up a DC who had one of these lists, and a few of the "client reassuring" steps were kind of comical. Now I'm gonna have to go back and dig it up for this thread! ;o) Link to comment Share on other sites More sharing options...
Coltfan1972 Posted April 2, 2013 Report Share Posted April 2, 2013 Don't you have a video you should be working on? HahaBelieve me we're working on it. I'll give you a sneak preview before the premier. Your own showing and then you can release a review for others. Turns out there is just a lot of editing due to most of it being of no interest, but I have not forgotten you, I promise. 1 Link to comment Share on other sites More sharing options...
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