Litigation of theft Arbitration/ cash n minutes help

I know, I thought that it was outrageous to be paying $325.00 more than the original loan amount with half of that being Travis Watson's fees. It just doesn't seem right that he claims to be a legitimate
? collection/mediator ? but there is no information anywhere with an address or phone number (except the one listed on here).

Can I be prosecuted if I show an attempt to pay back the debt, possibly at $50.00 at a time?

I am not sure the process or length of time that it takes a company to receive a judgement.

Thank you for your help and God Bless.

alexmg

I'm with Cajun on this one.

First of all you cannot be put in any criminal court as this is a civil debt. Second of all the account must be 100% legal to justify them bringing a court action and facing the scrutiny of a judge. Most of them are full of hot air with no meat to back it up.

Cajun's got it right again.

Ok, thank you so much for all of this information everyone.

I cannot find anything on the company online, but I did read a post from someone saying that they were arrested at work because of the legal action that he took against them (this person claimed to live in Texas). Who knows, this could be him writing the posts.

I am a very honest person and I intend to pay this amt. owed but nothing more, especially when they are charging $66.00 for a renewal fee on a $150.00 loan.

I do not understand how these types of places are legal in the United States. This is the land of freedom but when you get mixed up with these PDL companies, I feel like freedom is so far away.

alexmg

Well, the thing is pay day loans are legal in most states, internet pay day loans are legal in fewer states. But regardless the states they are legal in have laws protecting consumers against predatory lending which it seems like this company is in violation of those laws.

I wonder if cash n minutes is even a registered business...

I do not know if they are registered or not.
I honestly do not even know how to go about finding out if they are. I would be happy to find this information out if someone can tell me where to look.

I just wonder if Travis Watson is in the same office as this business or if he has a seperate office because everytime I call him or Rich Franklin answer, they do not have a receptionist.

alexmg

Has anyone actually been arrested?

No Texas01, nor can they be. Debts are civil matters, if they are sued for then they are handled in civil small claims court. There are no criminal aspects to owing money. If anyone threatens to have you arrested for anything (sometimes they'll try to throw in legal jargon like fraud, extortion, internet fraud, etc. to make it sound like you committed a crime, but you have not) the only thing illegal there is the threat they made against you, it violates the Fair Debt Collection Practices Act and is also a civil matter, meaning that you can sue them for $1000 in statutory damages, plus punitive damages, court costs, and attorney fees.

You can't be arrested for debts,and what exactly did then mean by 'arrested for the legal action he took against them'. I think this person was a CA just blowing more hot air.

I am not surprised. People are quickly learning their rights with these sites to help them. So CAs are starting to show up more and more either attacking posts, or worse, telling false stories to keep people in fear. Think about it. Most people wouldn't bother coming on a site like this, reading it and then posting what deadbeats we all are. Just wouldn't happen..UNLESS this person has something to do with collection work.

Guest, I'd say you just hit the metaphorical nail on the head.

Who else would have anything to gain from stirring trouble in a forum like this? A debt collector from a agency that violates the law and doesn't want people to know about their rights.

Remember, when it comes to shady debt collection agencies: Ignorance is their ally, education is their nemesis.

Thank you for this is helpful information. I know someone who has received calls from LTA company. Treatening them with being arrested because they had 2 NSFs to this Cashinmins payday loan comany. Which is really strange because after reading the thread from people it almost sounds like the same amount is always being asked for $562. He was giving a deadline to pay and called her parents to find her. I told my friend to contact her attorney.

I am being threaten with jail for fraud. When I questioned their address and name and told them the they were harrassing me, Rich Franklin told me that I "Need to shut my mouth!" They have continued to call me, my son,my daughter and my former employer to tell them I have committed fraud and am going to be arrested. They have told my former employer that they have been to my house but I won't answer the door which is an absolute lie. Does anyone have information, addresses, phone numbers, etc...

I received another call today from LTA.
The message said that I have 48 hours to call them back and that I have been legally notified and good look. If they were going to do something shouldn't of they already done it by now. Then one of them called and got me at work. He started to tell me that he needs a statement from me and I told him I have never received the information that they said that they were sending to me via email. So I told him I am not talking to him until they send it to me and hung up. Then he called me back and said well maybe I should read it to you as he proceeds to do so...I hung up on him again. What a JERK!
I received a voice mail from Rich Frankling on Friday that said I have great great news for you! Just call me back at 512-340-0493. UGH!

Is this in response to a validation request?

I recieved a call from this company also and they called my references telling them a warrant has been issued for my arrest. This is illegal but they are taking illegal actions to try to get money they loaned to me illegally. I just found out it is against South Carolina law for them to loan money over the internet to a resident of South Carolina and they know this so they are doing everything possible to get money but they won't get a dime from me! HAHAHA! And the name is just to scare you! You ain't scaring me punks!

As I said on your other thread, we do advocate paying back the principle on these loans. They did give you the money, and you did use the money.It is a moral choice

Just as Kashzan state, just pay back the principal and if they want to charge interest, tell them no. It was their duty to refuse the loan based on state laws, which they apparently either have no knowledge of or do not care about.

Back in September 2007 I get a phone call at work and it was a guy called Travis Watson stating that he had a warrant for my arrest because I owe for a loan. First of all he didn't even say where he was calling from or anything else but that. Of course, I got scared and asked what was it for and he said that it was for a loan of $150 and that now I owe over $550. I told him that I could give him the Full amount of the loan so he can close my file and refused. Well I had to wire him $100 in order for him not to send the paperwork to the authorities.Anyway I was scared and wired the $100 a month later I get another call at work from a Rich Franklin stating the same thing that I falied to send more money and he had issued a warrant. I ignored it and a day later he calls me again at work and I was already gone and he went and told a co-worker my personal business that I commited a fraud and that I was going to go to jail for that. I was so mad when my co-worker called my cell to tell me about this guy, so right away I called the FTC and they recommended me NOT to send anymore money because this company is a SCAM they are not real. I'm just getting tired of all the phone calls I get at work (at least 5 times) everyday. I had asked for paperwork and refused to send it to me, I also asked for name and address of the Co. and also refused to give me that info. I think we all have to get together somehow and have these guys arrested.

I have 3 different phone #'s for them which are:
(512)340-0890 , (512)340-0745 and (512)340-0493


So far I have sent them a total of $175 and they always want their payments through Money Gram.

JC--why dont you just slap them with a lawsuit?

So far, they have committed the following violations against you:

1--threatening action that cannot even be taken(arrest warrant)--FDCPA violation

2--failure to identify the company and state miranda--FDCPA violation

3--supplying personal information about you to a co-worker--FDCPA violation

4--impersonating an officer of the court--when they told you that they "issued a warrant for your arrest"...only a judge can do that....criminal violation as well as 1

Each violation of the FDCPA is worth $1000 in your pocket. You need to speak with an attorney regarding these people and inform them that you wish to file a lawsuit against them. Lawyers can usually track down someone through a phone number--at least well enough to serve papers on them. I would sue the hell out of them, and then file formal complaints with the FTC as well so they can face criminal charges too.

Has anyone been Arrested?

No, debts are civil matters, not criminal. You cannot be arrested or charged with any crime in regards to a debt. It is however a misdemeanor under the Fair Debt Collection Practices Act for them to threaten you with imprisonment or to say you have committed a crime.

Did anything ever happen to you since the Oct. 07 posting?

THE PHONE NUMBER TO THIS LEGAL PLACE? IS 1-512-340-0493, A MAN NAMED ALAN PARKER HAS CALLED MY WORK 2 TIMES ABOUT A $200.00 LOAN I RECIEVED AND CLAIMED I WAS ATTEMPTING(OR DID) ATTEMPT FRAUD ON THEM AND SO ON , HE HAD ME MAKE ARRANGEMENTS STARTING ON MAY 5TH, 2008 OR SAID THEY WOULD PURSUE LEGAL ACTIONS AND SO ON, IF ANYONE HAS A QUESTION FOR ME PLEASE ASK I WILL WRITE MORE AGAIN, HAVE TO GO, TAKE CARE ALL!
-K

Welcome to the forum KMurray1, this company is notorious for their illegal activities. The first violation of the Fair 1 is stating that you had committed fraud. If you could give me some further information I may be able to further assist you.

With this violation alone I would suggest filing complaints with the FTC and your state Attorney General's office.

I have gone through what you all have..I want to get these guys. After revewing allthe information that i found on numerous websites i found an email address to them. please see below the letter i wrote them. I still await there response.
ok, you want to collect a debt from me well heres how its going to go.

1) you will send me a letter on what i owe with your address

2) you want to correspond with me it will be through email and email only.

3) I have contacted my lawyer. I will make payment arrangments with you if the above guidelines are met.



Ok, Rich Franklin, Jake, or Allan parker Rj Stone whoever you want to call yourself. This is my notice to you. Frist of all I know the laws and you've broken them. If you would like I can attach the laws of collection for every state in order for you to follow the guidelines.

So, if you expect for me to pay the debt I would suggest that you play nice and stop the harrasement. My coworkers dont appreciate being called evil and if you think she was bad you haven't dealt with me yet.

I'm giving you 24 hours to respond to this email in regards to the "debt" I owe you. Please keep in mind that im trying to play nice follow my rules not yours.

Also for your information thanks to your unpleasent phone calls I felt that i had no choice but to report you and your unethical ways of collecting. Sorry to say yes i owe you and i will pay it but the sweet satisfaction of it all is im going to nail you to the wall also.

You know it's very easy to find more inforamtion about your collectiong habits when you piss alot of people off. Just this time you really pissed of a very educated women that doesn't deal with crap that you hand out.

So, I look forward to your response by email. Also, this exact letter is being send to the Attorney General of Texas and to my Attorney General but then again that wouldn't seem like much but then again I have 60 people writing letters that I was able to get in touch with and I'm sure there will be more that are emailing me details on how you dealt with them and I figure we all band together it will cause a stir. At least it will here in my state.

Rgards,


Anyone who may want to write a letter please feel free..I forward this to the att general in tx and ct..also found a lawyer in chicago that wants to get them..the thing is they like to be rude well guess what so do I. So if anyone needs help please contact me...i would love to harrass them as much as they harass us.

Dont get mad get even!

I had several pay day loans several years ago from online PDL stores. I got in over my head with debt from other sources and had to file bankruptcy. Anyway, my lawyer told me that the payday loan people could not attempt to collect on these loans as far as taking you to court for a bad check sort of thing because, the state of kY. only recognizes them as oridinary loans. Anyway, the debt was discharged and I have sworn off these vultures ever since. I always go back to this but I will go there again. The feds need to either regulate the living daylights out of PDLs or get rid of them altogether.

Except for about 2 states they are either illegal or heavily regulated to where they are almost illegal in the traditional sense of a PDL.

Can a debt collection company really have someone arrested?

NO

[font=Tahoma]WELL HE KEEPS CALLING MY WORK HE TRIED TO GET ME TO MAKE ARRANGEMENTS W/HIM AND TELLS MY CO-WORKERS THAT THE DA IS GOING TO ARREST ME AT WORK AND TO LET ME KNOW THAT I NEED TO CALL HIM!! THE LAST TIME HE CALLED HE LEFT A MESSAGE ASKING ME WHAT ADDRESS I WOULD LIKE TO BE SERVED AT OR HE WILL CHOOSE ONE(WHICH IS MY HOME OR WORK)...HE KEEPS THREATING ME I LIVE IN WASHINGTON STATE!! I AM SO TIRED OF THESE HARASSING THREATS...
THANKS EVERYONE FOR YOUR HELP[size=3][/size][[/font]font=Tahoma][/font]

[font=Tahoma]WELL HE KEEPS CALLING MY WORK HE TRIED TO GET ME TO MAKE ARRANGEMENTS W/HIM AND TELLS MY CO-WORKERS THAT THE DA IS GOING TO ARREST ME AT WORK AND TO LET ME KNOW THAT I NEED TO CALL HIM!! THE LAST TIME HE CALLED HE LEFT A MESSAGE ASKING ME WHAT ADDRESS I WOULD LIKE TO BE SERVED AT OR HE WILL CHOOSE ONE(WHICH IS MY HOME OR WORK)...HE KEEPS THREATING ME I LIVE IN WASHINGTON STATE!! I AM SO TIRED OF THESE HARASSING THREATS...
THANKS EVERYONE FOR YOUR HELP[size=3][/size][[/font]font=Tahoma][/font]

These are all violations of the fdcpa, they can't call your place of employment if you tell them it is inconvenient or that it is not allowed, they can't disclose information about your debt or the fact that you owe a debt to anyone except you, they can't threaten legal action unless they are able to do so and they intend to do so, they cannot say that you have committed a crime or that you have violated any laws (debts are civil matters, not criminal)

Washington is a two party state meaning that you must have the knowledge and consent of both parties to lawfully record a telephone conversation.

I would suggest trying to record the call and state "this call is being recorded, by continuing this call you are consenting to this recording. If they continue and they threaten you again you will have a record of their illegal threats. Or you could file suit and get testimonies from your co workers.

Reading all of this i now know this is not legit. My cousin actually received a phone call regarding my loan of $200.00 and giving her information on this matter. From my understanding when a collection agency calls regarding a matter that has to do with someone else they say "IT IS A PERSONAL MATTER." I didn't send payment because something did not seem right. My cousin received a phone call while she was in a meeting and he yelled at her and said "YOUR COUSIN WILL GO TO JAIL" and hung up on her. I did my research also I received a so called restitution letter at 11:27pm from them via e-mail. Hmmm. i called "INVESTIGATOR PARKER" back and told him I knew my privacy rights and I need an address or a customer service number, he refused, I also told him that a so called "LITIGATION COMPANY" would not have a person send money through MONEY GRAM, he responded all government officials use money gram. He refused to give me an address so I can send a money order and hung up on me...
HMMM: wierd is this a scam? and also thy are trying to get me to pay $2,500.00 on a $200.00 but would settle for $475.00. Am I wrong for thinking this is not legit or should I have sent them money?

Welcome to the community joy012.
Your gut instinct was right, as far as we can tell this company operates well outside of legal standards and all I have been able to ascertain is that they are located somewhere in Texas, no other location information.

I received a phone call today marked private from a Jake Johnson. I did not answer because I do not answer private callas. He left a message stating he has 2 addresses on me and to keep him from embarassing me at my work place he needed the correct home address to serve me court papers. What am I to do now?

These lenders are full of BS.

I hate seeing people stressed and scared, because I have been there. The bottom line is that a payday lender CANNOT have anyone arrested, period. They will try to intimidate and scare you into paying (illegally, of course), because that is just about the only recourse they have. They will threaten you with all kinds of supposed charges. They CANNOT charge you with a felony, or anything like that. There is nothing illegal about not repaying a loan, even though they will claim everything from fraud to bad checks to money laundering. It is all BS. You cannot go to jail. They cannot send someone to pick you up. Defaulted payday loans are not a criminal matter. The *most* they can possibly do is sue you and get a court judgment (which takes a lot of time and you would receive a notice directly from your local court first asking you to appear), and it is doubtful they will even do it as most payday lenders don't operate legally anyway. I'm in Texas and we have a lot of laws protecting the borrower. They cannot garnish your paychecks, and even with a judgment against you from a court, I don't think they can garnish you for unsecured debt. The judge would offer you a repayment plan if you show up when (and IF) you ever receive a court date. Again, doubtful that would even happen as these companies are obviously illegal.

You have to get rough with them, and stand your ground. Explain that you know the laws, and don't let them intimidate you. Once they figure out that you are onto them, they will eventually give up.

I would IMMEDIATELY contact your Attorney General's office and file a complaint, and next time the company calls you, tell them that you have done so.

How do you get them to stop calling your place of employment? I am going to get fired.

I have a similiar nightmare going on in my life right now. In june of 2008 I discovered internet loans. I didn't know when I filled a application out that it get sent out to many different companies. Well instead of getting information back that I could read and accept or deny, cashnminutes approved my loan and put it right thru to my account. Of course needing the funds I used it and am now struggling to pay it back. Now they call my refrences, my empolyer, and me constantly. A mr. Smith, I believe. I can barely understand what he is saying which I told him. I asked him to please send me something in writing. They never did. But now he claims he did and it was returned. The next phone calls were from a Travis Watson claiming he was sending police to my job to arrest me for bank fraud. This comes from the fact that I emailed them stating I did not have there $66.00 extension fee in my one account but I did have it in my other account. They did not try to use my other account untill the next week, when the funds were no longer available. So they say it's bank fraud. I was afraid they were going to have me arrested, so I called the police in my city. He said this was civil not criminal. He also called LTA in austin texas. Travis Watson was prepared for his phone call, saying he expected his call, he knew there would be trouble. He did not tell the police very much except that it's not right that people don't pay them back. I guess the officer stated that it was not right that they wanted $1350 to repay back my $150 dollar loan. I haven't heard from them yet but I'm sure I will. Now do I pay the $150 or the $560 they want. Or do I do nothing? Kind reguards Angelique

I would like to report a possible fraudulent law company called Legal processing associates or apparently now its called LTP. they called me from an austin texas area code at my place of employment and claimed he was a detective and did not identify himself and refused when i asked him. he told me right away that I got a loan (which i did get a payday loan from check n go) and I was going to be brought up on criminal charges if i did not call him back after work. so I did and he immdiatley told me that i had to pay 678.20 in fees and charges but would not tell me why. my loan was only for $170 he told me the other option was to be brought up on charges of fraudding a bank, bouncing checks, $900 in fees and some other rediculous felonies. when i refused to make a choice he started makeing threats to call me family and tell them i was going to jail. he told me if I did not pay him $100.00 that day before 9pm i would be getting a summons in the mail and would have to go to texas to go to court and face criminal charges. he gave me no choice so he gave me the information to send money via money gram and only money gram.thier number matches most on recently searched fruad sites and i feel I may be a victim, and i need help because i have already sent them some money and I dont want them calling my family and making treats.

TOOK OUT A LOAN WITH THIS COMPANY. HAD A PROBLEM WITH MY ACCOUNT AND TRIED TO REACH THEM TO MAKE ARRANGEMENTS TO SETTLE THE ACCOUNT. AS OPPOSED TO CONTACTING ME; THE CONTACTED ONE OF THE REFERENCES ON MY APPLICATION (OF WHICH THEY STATED THEY WOULD NOT CONTACT) TOLD HER THAT THERE WAS LITIGATION AGAINST ME, A POSSIBLE ARREST WARRANT AND FOR ME TO CONTACT A NUMBER BASED OUT OF AUSTIN TEXAS. THE PROBLEM WITH MNY ACCOUNT HAPPENED ON 8/29/08 AND THEY CONTACTED HER TODAY ON 9/09/08. THEY HAVE MY CELL PHONE NUMBER LISTED AND NEVER MADE ANY CONTACT WITH ME IN THAT MANNER EITHER. I AM TRYING TO FIND A WAY TO AVOID OTHER FINANCIAL ADDITIONS WITH THE COMPANY. I AM MORE THAN WILLING TO SETTLE WHAT I OWE, BUT DO NOT WANT TO PAY OUT A $1000.00 FOR A $150.00 LOAN. IF ANY ONE HAS ANY SUGGESTIONS PLEASE LET ME KNOW

Art Vandelay :lol:

i got the same call from a travis watson wanting 1350 for a 150 loan threatning felony charges i was scared until i found this forum thanks for all the advice im cotacting attorney generals office in the am this is faud and needs to be stopped

Hello I am going throug the same thing w/ Platinium B services, what are the laws for the Disctrict of Columbia. If I had that kind of money, I wouldn't had borrowed the money in the first place.

Hi Lady Tee,

Here are the laws for DC:

Platinum B is out of the West Indies, so it is safe to say they are not licensed :D

I took out a $300 loan with Little Loan Shop. I pay them more than $390. They are charging outraging interest. I didn't look at their interest until I got the loan. They want me to pay them $900, for $300. They call me at my job.

The same thing is going on with me right now....In sept I took out a payday loan for 150.00, Never did I get an email saying when my first payment would be taken out of my acct, well a month later I get a call from Mike Harris saying that I owe 1350.00. He wanted to know what I could pay right away. I dont have much money. He told me to wire him 50.00 that day, and to call him back with the money gram number and we'd set up a payment plan. Well I did pay another 195.00, but then turned it in to the cops. Everyone was telling me they are scamming me, so I went online and see all these reports....It is scary!! They now keep calling me, I don't answer the phone so we can record the messages. I did also contact the Minnesota Attorney General, and I am going to be filing a report on these people. It was so scary to hear that I was going to be arrested. WOW...some people!

my last husband also had an account with this company. He was never contacted by this company until an Investigator stokes contacted me following his death. Even though my husband has passed he is wanting me to pay this amount. My huband borrowed $150 and the amount of fees for the amount was crazy. Now, they are demanding $600 to pay this off. Has anyone found out if this Litigation and Theft company is actually a real business?