| #1
04-22-2011, 12:51 PM
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 Collection Agency owner speaks out against FDCPA suits
According to Joel Lackey, Owner of an Atlanta based collection agency National Credit Systems inc, it can cost a collection agency $4,000 to settle an FDCPA lawsuit even though they did nothing wrong and the charges against them were completely unreasonable or fabricated. He further states that a roll of the dice to take a case to court to prove the Collection Agencie's innocence could cost upwards of $30,000, if they prevail of course. If they lose then the cost to the collection agency can multiply. Source: www fdcpawitness com  |
| #2
04-22-2011, 12:53 PM
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Thought this was interesting and might give more incentive to file law suits against these bastards for their violations and to use this as a leverage point to get something removed.
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| #3
05-24-2011, 06:30 PM
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I always wondered about that!
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