tag:blogger.com,1999:blog-3669412675139526125.post6784632483826234193..comments2024-03-12T21:13:06.850-05:00Comments on Legal Schnauzer: Tape Recordings Nail Debt Collectors in Flagrant Violations of Federal Law (Part 2)legalschnauzerhttp://www.blogger.com/profile/09619089628125964154noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3669412675139526125.post-18060671688822243232012-09-24T17:23:27.803-05:002012-09-24T17:23:27.803-05:00Mr. Schnauzer:
I see why lawyers love you.
You&...Mr. Schnauzer:<br /><br />I see why lawyers love you. <br /><br />You're using their own tactics against them.<br /><br />It's making them raving mad when they think the general public should be submissive to their unlawful edicts.jeffrey spruillnoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-63941639504280767702012-09-24T16:23:48.712-05:002012-09-24T16:23:48.712-05:00". . . Since "The Event," he'd ...". . . Since "The Event," he'd gone to Birmingham, Alabama, to spot-check AmSouth Bank's home equity loan portfolio and meet -- which meant drink with -- its risk-management staff. He'd gone to Charlotte, North Carolina, where he snorted six lines of coke in an absurd skyscraper with a guy who issued lines of credit to payday lenders ....<br /><br />. . One: This is How It Works ....<br /><br />. . Borrowing money is a way of life and death. To buy a home or start a small business, to build a dam or fight a war: it all requires finance. It is doled out by banks and their casino called Wall Street. In alleyways from The Bronx to Beijing there are loan sharks as well, offering fast cash and then collecting with baseball bats and foreclosures. That the World Bank and the International Monetary Fund do this as well will be explored later ....<br /><br />. . But the postmodern twist is for the same banks which left to return with loan shark affiliates. It's one thing to sell cups of water for one hundred dollars in a desert. But when the seller is the one who slashed and burned the land, creating the need, it is something else. In the New Testament, Jesus whipped the money changers. The Koran, going further, prohibits the lending of money at interest. But today's new religion is stock-price and it's measured in quarters. In the absence of law there is only the jungle ....<br /><br />. . If it's a regulated business, where then are the regulators? One of them's the same cabal which sets the rates: the Federal Reserve. The Fed has jurisdiction over all bank holding companies, including Citigroup, Morgan Chase and Wells Fargo. Each owns a subprime lender. Bank of America, among other things, underwrites the predatory loans ....<br /><br />http://www.innercitypress.org/predatorylending1.html<br /><br />PREDATORY LENDING<br /><br />Toxic Credit in the Global Inner CityAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-16455978953316872642012-09-24T14:45:56.561-05:002012-09-24T14:45:56.561-05:00If you consider that the debt collection industry ...If you consider that the debt collection industry in this country has alot in common with public sewer sytems then Roger's choice of words are on target.David in S. Alabamanoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-54093877205416371112012-09-24T12:27:55.407-05:002012-09-24T12:27:55.407-05:00Spasmoda--
In terms of size, NCO should be scary ...Spasmoda--<br /><br />In terms of size, NCO should be scary to people. It's a big outfit and is owned by JPMorgan Chase, the biggest outfit of all. <br /><br />But I think you are right. Name recognition is the key, and most folks don't recognize the name NCO.legalschnauzerhttps://www.blogger.com/profile/09619089628125964154noreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-73211185109320190902012-09-24T12:25:47.025-05:002012-09-24T12:25:47.025-05:00I had never thought of it before, but this scam ma...I had never thought of it before, but this scam makes sense, from the collector's viewpoint.<br /><br />Tell them you represent someone like AMEX, MasterCard, Discover, etc., and see if that scares 'em. Saying you represent NCO isn't going to scare anybody.Spasmodanoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-91127611225640654472012-09-24T12:22:54.370-05:002012-09-24T12:22:54.370-05:00Anon at 12:07--
You are right. I have violated th...Anon at 12:07--<br /><br />You are right. I have violated the "breakfast rule" a few times lately. Will strive to do better.legalschnauzerhttps://www.blogger.com/profile/09619089628125964154noreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-3312891855962004532012-09-24T12:07:31.308-05:002012-09-24T12:07:31.308-05:00Schnauzer:
You are developing a troubling habit o...Schnauzer:<br /><br />You are developing a troubling habit of writing about feces and bowel movements and other issues best left in the bathroom. Enough, please!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-72818917670708667172012-09-24T12:06:18.631-05:002012-09-24T12:06:18.631-05:00Anon at 10:53--
No, I didn't admit to owing t...Anon at 10:53--<br /><br />No, I didn't admit to owing the specific debt in question. That's because there was nothing to admit to. I never was given written verification of the alleged debt, even when I requested it. That's an FDCPA violation and also meant I couldn't admit to something about which I had no information.<br /><br />FWIW, it's irrelevant in an FDCPA case whether an alleged debtor actually owes the debt or whether he admits owing the debt. The law is designed to govern collector behavior, and they are required to follow the law, whether the debt is owed or not. <br /><br />In my case, again FWIW, discovery showed that the collector had no information showing that I owed the debt or even had an AMEX card.legalschnauzerhttps://www.blogger.com/profile/09619089628125964154noreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-38139782070875691942012-09-24T11:50:43.852-05:002012-09-24T11:50:43.852-05:00I feel my bowels loosening just from reading this....I feel my bowels loosening just from reading this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-5048427120087920212012-09-24T10:53:09.133-05:002012-09-24T10:53:09.133-05:00Schnauzer--
I thought you admitted to owing this ...Schnauzer--<br /><br />I thought you admitted to owing this debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3669412675139526125.post-84916940419495530602012-09-24T10:51:59.123-05:002012-09-24T10:51:59.123-05:00Thanks for this report. I wonder if there ever has...Thanks for this report. I wonder if there ever has been a debt collection call that didn't include a lie of some sort.Anonymousnoreply@blogger.com