Why Do Debt Buyers Have Trouble Proving Their Cases?

By: Robert J. Nahoum   The Problem: There is an industry out there of companies who buy up portfolios of old consumer debts like credit cards and medical bills for pennies on the dollar.  These debt buyers then try to collect those debts from consumers using tactics that often violate federal debt collection laws.  Too often, debt buyers sue consumers in […]

Have You Been Sued on a Time Barred Debt?

By: Robert J. Nahoum Among the worst debt collector tricks is suing on time-barred debts. I find this trick particularly dirty because it requires not only the debt buyer, but the collection agency and their attorneys to collude and contribute to this clear consumer protection violation. These days, consumer debt buying is a thriving $100 billion a year industry. Debt buyers […]