Misinformatoin regarding fdcpa laws

Shhhhhhh....Maybe Pasqualoan would like to read your thread!

Didn't have time to read all 6 pages on this post yet ...

but ALL financial institutions, whether they are collectors bound by the fdcpa or a creditor which is not, must follow the Grahamm-Leach-Bliley Privacy Act. Which, in part, prohibits any disclosure of a debtor's financial information or other non-public information to any non-affiliated third parties.

To come on a public forum such as this, and post a debtor's name and the fact that they owe you money, is a blatant disregard for the GLBPA. Whoever's name you posted should sue you for violating their privacy.

Amen DebtCruncher I think I'll highlight and copy this thread and email it to Tim Atkins over at Cashnet500. Jeff probably won't have a job tomorrow

Tomorrow there shoud be a mass emailing to GFS with this clowns comments!

Better yet,cc them to every employee!

One last comment... the argument seems to be that these places only have to follow the laws of the state in which they are licensed.

An analogy, if you will, on a totally different topic:

Illinois allows its citizens to own guns, but you cannot carry them around with you; we have no right-to-carry laws. Indiana, our next door neighbor, has right-to-carry laws, meaning its citzens are allowed to own guns and carry concealed weapons on them. Now, if a person who lives in Indiana has a gun in their pocket, and they drive across the border to Illinois where that is illegal, and a cop pulls them over and finds they are illegally carrying a concealed weapon... do you think the argument that they were operating under Indiana law will hold up in an Illinois court? NO, because when you are in our state, you need to follow our rules.

Debtcruncher, can you explain to us what judicial hierarchy is?

I doubt Jeff will get the analogy Debtcruncher.

From the American National Book of Collector Translations--

"Judicial Hierarchy: 1) jargon; words used to simulate intelligence. 2) gobbldygook. 3) words that convey the authors understanding of a matter, when really they do not understand the matter at all. 4) finis; words used when a collector does not have a real answer.

Wow, that's almost a Bushism!!! Is he the decider??? And I guess 5000 Americans weren't such dumbasses, slimeball, because they SHUT YOU DOWN!!!!!!!!!!!!! Hurts, doesn't it??? Hey, Cash Today 4U is hiring!!

Wow.

Ok - "Jeff" - I'm going to break this down easy for you to understand, ok:

I get a driver's license in my home state of Illinois. When I drive to Florida, I have to follow the Florida laws in the state, even though I am licensed in Illinois. See - I can do a service in the state, but only if I follow the state laws.

There....was that easy for you to understand?

What a bonehead analogy.

Those are criminal laws. We are talking civil laws. Did the gun-owner sign a contract with the other state saying they had a right to govern all laws? I don't think so.

You are comparing apples to oranges.

STILL TO THIS MINUTE, nobody has explained or cited a law saying that we have to be licensed in a state to do business in that state.

I am based out of Philly. Do I have to be licensed in your state to collect a debt? No.

You crossed over to criminal when you attempted to extort money from a consumer with the threat of arrest.

From 815 ILCS 122/




Does this suffice, or should I quote more?

Jeff, you might want to read this story of Mr. Mitchell who also was a collector who thought he was above the law, now he has a criminal record, what did he do? Oh yea, he threatened to have people arrested if they didn't pay him money. He used to be a collector just like you, but for the next five years he will just have to settle for reporting to his PO.

(http://www.westerncapitalfinancial.c...extortion.html)

What the f*ck is that nonsense, Debt Cruncher.

Thanks, Debtcruncher, for the definition of judicial hierarchy. That's exactly what I thought it meant!