Alabama Consumer Law BlogWelcome to our Q&A on consumer protection issues. The entire video is above, and the transcript is below.
I hope you enjoy!
Articles Posted in Credit Report Errors
Video: Consumer Protection Attorney John Watts Answers Your Questions
In this video we answer the following consumer protection questions:
The first question is “I have a judgment against me. What do I need to do if I want to pay that off?”
2015-05-15 Q&A webinar with financial protection attorney John G. Watts
This is the first one of our weekly question and answer webinars.
Here’s the transcription with some of my sloppy words cleaned up. 🙂
Is fixing your credit report really a years long nightmare? It doesn’t have to be…..
I read an interesting article that I agreed with in many respects by John Matarese of Channel 5 News in Florida. My one point of disagreement is that there is another solution — read below.
First, here are some interesting quotes from this excellent article:
“You will hear that’s easy to do, to simply write a dispute letter,” an exasperated Gayle Collier said.
Certegy (check collection) pays 3.5 million dollar fine for violating FCRA
Certegy is a company we have dealt with before — we have not been impressed with their business practices. They just agreed to a massive fine — 3.5 million dollars for violating the Fair Credit Reporting Act (FCRA).
Certegy Check Services, Inc., one of the nation’s largest check authorization service companies, has agreed to pay $3.5 million to settle Federal Trade Commission charges that it violated the Fair Credit Reporting Act (FCRA).
Certegy, based in St. Petersburg, Florida, is a consumer reporting agency (CRA) that compiles consumers’ personal information and uses it to help retail merchants throughout the United States determine whether to accept consumers’ checks. Under the FCRA, consumers whose checks are denied based on information Certegy provides the merchant, have the right to dispute that information and have Certegy correct any inaccuracies.
Bill designed to decrease identity theft of the deceased
HR 2720, co-introduced by Johnson and Rep. Xavier Becerra (D-Calif.), is named after a deceased child victim of identity fraud and would delay the now-required publication of the SSA’s Death Master File.
If the bill passes, beginning January 2014, only death information released three years after the person has died would be made available – giving family members adequate time to file tax returns and preventing criminals from stealing the returns or information.
Identity Theft — danger to college students
According to the FTC’s 2013 Consumer Sentinel Report, 21 percent of identity theft complaints in 2012 were filed by young adults- the most of any age group. What’s more, a 2010 survey by Javelin Strategy found that young adults aged 18-24 took the longest to detect identity theft-132 days on average-when compared to other age groups.
There are seven suggested steps to guard against this that Nick lists.
New Articles on the FDCPA and FCRA
We have several new articles on Alabama Consumer that we think you might enjoy reading — these articles address the FDCPA (Fair Debt Collection Practices Act) and the FCRA (Fair Credit Reporting Act):
**You can expect and have a credit report that is 100% accurate. No errors. If you don’t, then we hope the story of Susie, who fought Bank of America and Trans Union, will inspire you to not give up but instead — keep fighting, even if you have to sue. Suing the bad guys in federal court tends to end very well. And it will get your report to where it is 100% accurate.
**Debt collectors who threaten to call your family members violate the FDCPA (Fair Debt Collection Practices Act), especially the ones that actually do call your family. This is known as a “third party disclosure” when a debt collector calls your family members (other than your spouse). There is a very limited exception which most debt collectors don’t fit into — instead they call family members to harass you and bring pressure on you so that you will pay the debt. Even though this is illegal they do it because it works.
Several new consumer protection articles from Alabama Consumer
We try to update our website Alabama Consumer fairly frequently but realize it is easy to miss new articles so we wanted to give you a quick summary of what we have put up recently.
First, we talk about how when you sue a debt collector under the FDCPA (Fair Debt Collection Practices Act), normally the debt collector will have insurance to pay for the lawsuit and any damages you receive.
Second, we deal with the topic of mental anguish damages in a lawsuit under the FDCPA specifically when the debt collector is calling your work.
In A Lawsuit, Who is the Plaintiff and Who is the Defendant?
It depends on what type of case we are discussing — let’s look at several types as it can be confusing when someone says “Plaintiff” or “Defendant” and you don’t know the context of the case.
Collection Lawsuit
When a collector sues you, the collector (or “debt buyer”) is the Plaintiff. This is the one that starts the lawsuit and has the burden of proving that the allegations in the lawsuit are correct.