Friday, February 04, 2005
CREDITWRENCH, the FDCPA, and the law Part III
Take for example a collection agency who attempts to collect and isn't licensed when the state requires it. CREDITWRENCH CEO Bill Bauer is completely unaware of the fact that that is an FDCPA violation. If your state has it's own collection statutes, it is most likely a violation of the states law as well.
Additionally, since the courts have ruled that reporting a deliquency constitutes collection activity, and if this tradeline is showing up on all 3 bureau reports, you would have 3 additional causes of action. That's a total of up to 5 causes of action for violations that CREDITWRENCH CEO Bill Bauer admittedly isn't even aware of.
He is also unaware that most attorney's who specialize in FDCPA violations will provide an intial consultation free of charge.
Just more valid reasons why you should consult legal counsel rather than CREDITWRENCH.
