Consumer Success Stories Against Debt Collectors
California Couple Receives $500,000 Verdict
March 20, 2009 - A San Jose jury returned a verdict totaling $500, 000 against Credigy Services Corporation for unfair collection tactics against a California couple.
The claim indicated that Credigy continued to harass the couple by calling their home over 90 times, even after they submitted numerous letters asking to cease and desist, repeating false threats that they were going to take their home and paychecks.
Bear Sterns & EMC Mortgage Pays $28 Million To Settle Charges of FDCPA Violations
September 9, 2008 - The Bear Stearns Companies recently agreed to pay $28 million it settle FTC charges that they engaged in unlawful and abusive collection practices.
The companies allegedly misrepresented the amounts the borrowers owed, charged unauthorized fees, and engaged in illegal collection practices.
Fairbanks Capital Refunds $40 Million to Consumers over alleged FDCPA Violations
August 2, 2007 - Fairbanks capital will refund more than $40 million to consumers as a part of a settlement of federal charges that it failed to post consumers' mortgage payments promptly and imposed late fees illegally.
* Cases are provided as examples as reported in the news and are not necessarily handled by Kahn & Associates, L.L.C. or intended to create any expectation of future results.