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Asset Acceptance fined $2.5 Million
I’ve never been one to say “I told you so” but…..okay maybe I am. I told you so. In a recent blog, I talked about the debt collectors and their “shady” collection methods. Well it appears as though the government may be tired of their shenanigans as well. On Monday, the Federal Trade Commission levied […]
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Debt collectors offering credit cards?
It’s true. Debt collector’s schemes seem to change from time to time. When the public begins to realize what they are doing, they fold up shop and begin with some new scam. The current scam? Offering credit cards! How does it work? Well, suppose that the statute of limitations has expired on a bad debt, […]
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Hostess Brands, Inc. plans to file bankruptcy.
Noooooo! Not my twinkies! Say it isn’t so. How can this be? My monthly allowance for cupcakes and twinkies alone should be able to financially prop up any major corporation! But alas, Hostess Brands, Inc. has fallen over $860 million in debt and now, for the second time, finds itself in need for protection under […]
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