Houston-based LTD Financial Services got slapped with $1.3 million in civil penalties to settle FDCPA violation charges.

Washington Mutual issued a press release in response to the action filed by the NY Attorney General. We reported on that action earlier this week.

An astute observation on the passage of BAPCPA: "Be careful what you wish for."

Posted by Bill McLeod at 1:19 PM | Permalink | Comments (0) | TrackBacks (0)

Over at The Street.com, reporter Cliff Mason shares his experiences with a debt collector. It is a good read, but I have to stress that if you are having problems with a debt collector, contact a local consumer protection attorney to advice.

Posted by Bill McLeod at 5:49 PM | Permalink | Comments (0) | TrackBacks (0)