Thursday, March 03, 2005
CREDITWRENCH shot out of the saddle........again
One of my first posts on this blog dealt with one of the ridiculous and inaccurate "teachings" of CREDITWRENCH CEO Bill Bauer that in 23 states, original creditors are bound by the FDCPA.
Now Bill Bauer has decided to raise that number to 35 states.
Yesterday in a discussion with a credit professional, CREDITWRENCH Bill Bauer claimed that 35 states bind original creditors to the validation provision of the FDCPA. Of course that is totally false and misleading, and as usual, CREDITWRENCH Bill Bauer was unable to provide any substantive proof of his claim.
He was promptly, and rightly corrected by the collection professional. Someone in the very profession he claims to know more about the law than. Quite obviously, and has been pointed out many times on this blog, CREDITWRENCH CEO Bill Bauer knows little about collection law; most of what he states he makes up. That's why he's never able support his position with either statute or case law.
CREDITWRENCH claiming that 35 states bind original creditors to the validation provision of the FDCPA is false and misleading.
