Video: FTC investigates CLOSED Mann Bracken (bk?) and Fred Hanna
This is hilarious. The FTC finally decides to investigate Mann Bracken—after they CLOSED!
This is the fallout of MN AG Swanson’s putting an end to the NAF arbitration services.
MN AG Swanson rocks: no more consumer debt arbitration!—FDRS update
According to the video at http://www.wsbtv.com/video/22124217/index.htmlhttp:/www.wsbtv.com/video/22124217/index.html the FTC is also looking at Fred J. Hanna & Associates, another notorious debt collection law firm.
Here’s an article about the FTC requesting information from the major debt buyers:
FTC Orders Buyers of Consumer Debt to Submit Information for Study of Debt Purchasing Industry
In the WSBTV video they interview consumer lawyers who probably will NOT get paid as it is likely that Mann Bracken will file for bankruptcy so they don’t have to pay the judgments against them.
And the difference between YOU filing for bankruptcy and a corporation or law firm going bankrupt is that YOU have to be poor while the owners and officers of these bankrupt companies can be millionaires.
The only upside for the people who were sued by Mann Bracken or lost in arbitration is that they may be able to avoid judgments or have them vacated.
Nothing will change in the industry.
The CREDITORS will simply hire lawyer scum with a different name and even if judgments are vacated, they can sue again UNLESS the statute of limitations expired OR the debtor can get a judgment against the creditor due to their attorney misconduct.
While the original creditors are EXEMPT from the federal FDCPA and NOT liable for their debt collectors’ actions, they CAN be held accountable for STATE law violations. Chase settled for their collection attorney’s violations under state law. (The complaint is at the CreditFactors legal knowledgebase).
You have NO private right of action for violations of FEDERAL privacy laws.
Banks are violating privacy laws when they sell charged off accounts INCLUDING your personal information to debt buyers. ANY CRIMINAL can purchase ALL your identifying information and I’ve previously posted about the CRIMINAL conduct of debt buyers.
I’ve been dealing with Cohen & Slamowitz, another infamous debt collection law firm and it’s incredible how they operate. While they were ordered to submit data about default judgments due to false affidavits of service to the court so they could be vacated, Cohen and Slamowitz couldn’t care less that they again used a server who falsified the affidavit of service.
They just don’t care.
I do have the recorded calls and faxes and my client is trying to get the case dismissed with prejudice and he will submit his complaint to the NY AG Cuomo.
During our efforts to find a NY attorney for him we found the Mark Cella (FDRS) of NY, a hustler claiming to be an attorney.
I sure couldn’t find an attorney listing for Jerry Lee “Esq.” (Lee & Associates) and his website SCREAMS fraud. He targets people sued by major debt buyers and collection lawyers. And I don’t have the time and money to pursue every fraudster like the thugs at FDRS.
It’s so frustrating to see so much OBVIOUS fraud and people just fall for these scams, grasping at straws.
Posted by Christine on 01/06/2010 at 11:05 AM
Legal • Credit - Collection - Economic News • (0) Comments • Permalink
