Topic: Collection Agencies

COLLECTION GRIPES

COLLECTION GRIPES
Bar chart shows rise in complaints to the Federal Trade Commission about third-party debt collectors. Copyright 2010  AP News
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Buffalo's debt collectors accused of bullying

Buffalo builds a new industry out of debt-collecting, but many firms are accused of bullyingWhen Tobias "Bags of Money" Boyland went looking for a new career after serving 13 years in prison for armed robbery and drug dealing, he quickly found something that suited his sensibilities: He opened a collection ...
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States raise limits on creditors as debtors squirm

Financial misery prompts states to pass new protections against aggressive debt collectorsWith many Americans in dire financial straits, states are cracking down to make sure aggressive debt collectors target only people who legitimately owe them money. National consumer credit laws already prohibit collection agencies from harassing, deceptive, or unfair practices ...
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New York Shuts Down Debt Collection Ring

Buffalo-based collectors allegedly used illegal tactics New York Attorney General Andrew M. Cuomo today shut down a nationwide collection operation that consisted of at least nine debt collection companies across Western New York, run by Buffalo resident Tobias Boyland, the latest in Cuomo's probe of debt collection practices. According ...
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