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Sub: #1 New Mexico AG Sues Collector
Replied on 08-31-2007, 03:45 PM
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As cajun probably knows, this is from the ARMS site. Hey dodgy collectors, no excuses, pay your fines and judgments LOL. Seems to be a growing trend among state AGs.



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Sub: #2
Replied on 09-01-2007, 06:34 AM
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Am i reading this right? So CA's must tell a debtor that their debt is outta SOL??? If so, that's interesting...
Ang

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Sub: #3
Replied on 09-01-2007, 06:38 AM
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I think the main thing they are getting slammed on is the licensing issue.

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Sub: #4
Replied on 09-01-2007, 07:16 AM
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I can't believe my eyes! Is this the same Merchant's Credit Guide that is on Budd Hibbs site?

Oh I know that Budd would love to see this one! From what I remember reading Merchant's is a bottom feeder and it is fact that they go after expired SOL accounts.

I got a letter from them and told them point blank the account you are referencing is 20 years old. Send a validation letter and never got anything back, not even the green card! I have my letter and receipt.

In they're letters they have a coupon at the bottom where you can pick your payment. Yeah, right! They cannot validate any of these accounts if they're that old.

I can't believe that someone has finally stepped up to the plate and have gone after them. Hats off the New Mexico AG!

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Sub: #5
Replied on 09-03-2007, 01:32 PM
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I've never heard of any collection agency being sued because a debt was out of the SoL. What I think they may mean by that is that the collector/company made misleading tsatements that the debt was still within the SoL and therefore they still had the right to persue legal measures.

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Sub: #6
Replied on 09-03-2007, 03:59 PM
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Ahh ok thnx FYI! Now that makes MORE sense to me!
Hope all's welll with u, ltns!
Ang

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