The Attorney General from Texas Greg Abbott filed a lawsuit against the Encore Capital Group Inc last Friday as they have violated the state’s debt collection laws.
The alleged violations stated that company was attempting to collect debts on inaccurate or incomplete account information. They have also been alleged to using tactics that are characterized to be unlawful and deceptive.
Attorney General Abbott issued multiple violations of the Texas debt collection laws as well Texas Finance Code. Encore Capital Group is joined by Midland Funding LLC and Midland Credit Management Inc.
According to Abbott, Midland Funding has purchased debt portfolios from various creditors then collected the cost that was owed to different clients for credit.
The debt collection letters that Encore Capital Group has sent to their customers did not contain enough information regarding the debt that was being collected from the customers. There also was no indication how the creditor acquired the debt. There were no supporting documents that can provide proof of the debt. Encore Capital Group did not make an effort to conduct an investigation to see to it that their collection efforts abide by the rules of the state.
There were also allegations that Encore capital Group and its subsidiaries were targeting wrong individuals in their debt collection operations. There were also evidences that showed that the companies were collecting debts that were previously paid in full or with just partial payments. Because of this, there have been some citizens of Texas who have received bad credit ratings.
Tags: Encore Capital Group Inc, Greg Abbott, Attorney General Abbott, wrong individuals, collection efforts, debt collection laws, Midland Credit Management
I haven't paid the money yet, but I am still driving the issue because I don't want to be slapped with a late fee and perhaps some bad credit ratings. Big companies like AT&T can just terminate the service to you and hire a collection agency to fry you, and most individual consumers just don't have any effective countermeasures. There is no consequence to them but pretty darn big ones for average Joe. That's why they can slap any fees they want and expect you to sort it out.
We thank Attorney General Van Hollen for doing the duty of ALL state and federal elected and appointed governmental officials - to represent and defend the will of the people. It is appalling that our governments feel they are above the people they serve and can work independently of them. That is tyranny and the United States of America was not made to work that way. We are grateful for your integrity and loyalty and are pleased to have you as our Wisconsin Attorney General, Attorney General Van Hollen.
Sincerely yours, Paul and Linda Ziemer