J
Lakewood,#2Consumer Suggestion
Sun, January 14, 2007
NATIONAL FINACIAL SERVICES, if this is the same company, that at the time, was owned by Robert J. Smith.(does he own any other collection companies) Had a 500,000.00 penalty for using illegal collection pactices. It appears there up to the old tricks again. civil action no.L-91-226 FTC FILE No. X910020 Jan. 1993 order:820 F.Supp224 D.Md.1993) I don't know if this is the same NSF, seeing how these companies changes names all the time. and locations, but I would bet YES. The penalty was assessed by Catherine C. Blake U.S. Magistrate U.S.District court for the div. of Maryland in Baltimore on July 20, 1995
Steve [Not A Lawyer]
Bradenton,#3Consumer Suggestion
Sat, January 13, 2007
T, Forget the BBB! They are totally useless as they have absolutely no authority to do anything. Most collection agencies just laugh at them when they call. The BBB is a for profit business, They are not a government agency of any kind. The best way to beat a CA is to file a lawsuit on the company and the collector and supervisor individually. Then if you want to file complaints, file them with entities that have some legal power to do something, like the FTC, AG's office, etc.
T
Glendale,#4Author of original report
Sat, January 13, 2007
Attached is more general information on this company: George W Kennedy, VP, 6 Cedarfield Terrace, St James, NY 11780 Robert Hernandez, President, 801 Harbour Isles Court, North Palm Beach, FL 33410--if you decide to direct correspondence to either of these individuals I would recommend you direct them to the 600 W. John Street address listed above. This entity is domiciled in New York and you should also register a complaint with the BBB of New York at www.newyork.bbb.org or BBB of Metro NY 399 Conklin Street, New York, NY 11735, 212-533-6200 Other phone numbers for NFSI 516-932-1400, 800-765-2733, 516-932-1400, 718-895-2741, 800-895-2741, 800-568-2733, 800-806-5947, 561-656-5730 and fax number: 516-932-8828 There have been complaints that this entity makes calls in an improper manner, attempts to collect money that is not owed, and Consumer report tht attempts to demonstrate prior settlement of requested balances were ignored by this entity. Which is exactly what they are still practicing today. Based on the BBB files, this company has an Unsatisfactory record with them.
T
Glendale,#5Author of original report
Sat, January 13, 2007
Attached is more general information on this company: George W Kennedy, VP, 6 Cedarfield Terrace, St James, NY 11780 Robert Hernandez, President, 801 Harbour Isles Court, North Palm Beach, FL 33410--if you decide to direct correspondence to either of these individuals I would recommend you direct them to the 600 W. John Street address listed above. This entity is domiciled in New York and you should also register a complaint with the BBB of New York at www.newyork.bbb.org or BBB of Metro NY 399 Conklin Street, New York, NY 11735, 212-533-6200 Other phone numbers for NFSI 516-932-1400, 800-765-2733, 516-932-1400, 718-895-2741, 800-895-2741, 800-568-2733, 800-806-5947, 561-656-5730 and fax number: 516-932-8828 There have been complaints that this entity makes calls in an improper manner, attempts to collect money that is not owed, and Consumer report tht attempts to demonstrate prior settlement of requested balances were ignored by this entity. Which is exactly what they are still practicing today. Based on the BBB files, this company has an Unsatisfactory record with them.
T
Glendale,#6Author of original report
Sat, January 13, 2007
Attached is more general information on this company: George W Kennedy, VP, 6 Cedarfield Terrace, St James, NY 11780 Robert Hernandez, President, 801 Harbour Isles Court, North Palm Beach, FL 33410--if you decide to direct correspondence to either of these individuals I would recommend you direct them to the 600 W. John Street address listed above. This entity is domiciled in New York and you should also register a complaint with the BBB of New York at www.newyork.bbb.org or BBB of Metro NY 399 Conklin Street, New York, NY 11735, 212-533-6200 Other phone numbers for NFSI 516-932-1400, 800-765-2733, 516-932-1400, 718-895-2741, 800-895-2741, 800-568-2733, 800-806-5947, 561-656-5730 and fax number: 516-932-8828 There have been complaints that this entity makes calls in an improper manner, attempts to collect money that is not owed, and Consumer report tht attempts to demonstrate prior settlement of requested balances were ignored by this entity. Which is exactly what they are still practicing today. Based on the BBB files, this company has an Unsatisfactory record with them.
T
Glendale,#7Author of original report
Sat, January 13, 2007
Attached is more general information on this company: George W Kennedy, VP, 6 Cedarfield Terrace, St James, NY 11780 Robert Hernandez, President, 801 Harbour Isles Court, North Palm Beach, FL 33410--if you decide to direct correspondence to either of these individuals I would recommend you direct them to the 600 W. John Street address listed above. This entity is domiciled in New York and you should also register a complaint with the BBB of New York at www.newyork.bbb.org or BBB of Metro NY 399 Conklin Street, New York, NY 11735, 212-533-6200 Other phone numbers for NFSI 516-932-1400, 800-765-2733, 516-932-1400, 718-895-2741, 800-895-2741, 800-568-2733, 800-806-5947, 561-656-5730 and fax number: 516-932-8828 There have been complaints that this entity makes calls in an improper manner, attempts to collect money that is not owed, and Consumer report tht attempts to demonstrate prior settlement of requested balances were ignored by this entity. Which is exactly what they are still practicing today. Based on the BBB files, this company has an Unsatisfactory record with them.
P
Dallas,#8Consumer Suggestion
Sun, January 07, 2007
On another site meant for the collectors, they were whining about just what you said. Laws are changing and they are tired of being sued by consumers because they (the collectors) in reality have no rights to the claim and with consumers wising up their profits are being significantly reduced and costs to collect are seeing a drastic increase ....
Steve [Not A Lawyer]
Bradenton,#9Consumer Suggestion
Sun, January 07, 2007
P, At this point the "debt" can usually not be validated, and usually uncollectable. When it is sold several times, the way you beat it is demand a verification of the chain of title. this is where you can challenge every buyer back to the original creditor. they hate this. it is time consuming and expensive. Furthermore, the defense I have used, and won with in fighting junk debt buyers is the fact that it is no longer a "debt", but rather a BAD INVESTMENT. The basis for this is that junk debt buyers are not creditors. They do not extend credit. Therefore they have "lost" nothing to the debtor. They simply made an investment that did not pay off. They are INVESTORS. Nothing more. This is the defense I used with the last JDB that filed suit on me. they could not prove that they were entitled to be paid. The original creditor is out of the picture except for determining SOL once a debt has been charged off AND sold, and tax deduction taken for the loss. At this point it is no longer a debt. It is an investment.
P
Red Oak,#10Consumer Suggestion
Sat, January 06, 2007
We have seen several instances where the consumer asks the collection agency to provide proof that the debt has been sold (or asigned) to them by the original creditor and that it is illegal for the original creditor to collect on the debt. When/if the debtor is provided this document what exactly does it say? Or is it a dcoument at all or just a one liner? Since we know we can't trust collectors (Don, etc no offense you are the exception) what are we actually looking for to validate the collection agency's validation? Does it say Collection Company A has purchased the bad debt portfolio from Original Creditor? Does the original creditor ever advise the debtor they have sold the account and to who> Now to muddy the water more... What validation proof is necessary when you are in the tertiary collection process. Collection Company A has sold/assigned it to Collection Company B who has sold/assigned it to Collection Company C - all from the original creditor. I remember reading in one of the sites that bad debt accounts are sold many many times when the collection company KNOWS they cannot collect and one of the first lines of defense is ... WHO DO I REALLY OWE AT THIS POINT ...
David
Eubank,#11Consumer Comment
Sat, January 06, 2007
If you are going to pay,first send a payment to the place of the original debt. Put the account # and all info you can think of. Then if they take it they have broke thier contract with the debt collecter. It works sometimes. A debt collecter will cry if you can tell them that, so and so took a payment from me last week, because now he has to go back to them to get his money.
Steve [Not A Lawyer]
Bradenton,#12Consumer Suggestion
Sat, January 06, 2007
T, The FTC does not do any individual enforcement. You will recieve only a generic autoresponse from them. Your complaint will be entered into a database for statistical purposes and possible future class action against them. When sending anything like this certified/RRR it is VERY important to put the certified# on the letter itself and then make a copy for your records. This proves exactly what you sent. Stay off the phone. NEVER speak to any debt collector on the phone. Always force them to do it in writing. The ONLY way to enforce your rights under the FDCPA is to sue. NEVER give any collection agency your banking info as they will usually drain your account. Do Not even send them a check, they can do the same thing. Only use bank checks or money orders if you ever decide to pay a collection agency Now, as far as paying the original creditor, this is not a choice. Legally, if the original creditor sold the debt, they can not accept a payment. And if the debt was assigned, they would be breaking the contract with the collection agency which would leave them open to being sued. If you can prove what you sent them, you can file a suit and then subpoena their phone records to prove how many times they called you. A lawsuit is the only thing these crackheads understand.
Don
Belleville,#13Consumer Comment
Sat, January 06, 2007
Just to answer what a check by phone is. A check by phone is an electronic payment through a checking (some savings accounts) acccount. A collector asks for the bank routing number and account number, and the day you want the money to be taken from the account. They may require a check number to process this as well. On the day you requested, the collection agencies bank electronically goes to your bank and removes the amount.