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It’s April- Don’t be fooled by false threats from debt collectors!
Manage episode 349431069 series 3113142
Вміст надано Think Like A Lawyer Thursday. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Think Like A Lawyer Thursday або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
In this episode we discuss the false threats debt collectors often make to SCARE people into making payment on a debt when they don’t have the money- often at the expense of paying for rent, food, utilities and other necessary bills. We review a recent case where a debt collection company was falsely threatening people with lawsuits on past due consumer debt. Yorba Capital Management consented to being banned from the business of debt collection to settle an enforcement case filed by the Consumer Financial Protection Bureau. They also consented to a judgment against themselves for $860,000. Ironic that THEY were the ones that had legal action taken against THEM!
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