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New Mexico AG Sues Collector

Date: Fri, 08/31/2007 - 15:45

Submitted by Law Student
on Fri, 08/31/2007 - 15:45

Posts: 1182 Credits: [Donate]

Total Replies: 5


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.



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!


lrhall41

Submitted by poconomoki on Sat, 09/01/2007 - 07:16

( Posts: 111 | Credits: )


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.


lrhall41

Submitted by FYI on Mon, 09/03/2007 - 13:32

( Posts: 1950 | Credits: )