Letter from founder ……

I know, I know – another blog about Mann Bracken AGAIN.

I have written a handful of articles about Mann Bracken and Hanna. Out of 6000 + junk debt buyers, these are two of the worst in this country. There are so many other debt collectors to write about and I write about many other collection agencies and Mann Bracken keeps popping up. It is just a matter of time before I can pop the champagne and this slime is shut down for good. This is news – GREAT NEWS – for the consumer. BUT WHAT IS IT GOING TO TAKE TO CLOSE THESE COMPANIES? Is that possible? The ties to the government are very strong. Yes true – if you did not figure that out already.

I am shocked again by this industry and its behavior. National Arbitration Forum has been in the headlines lately. They were sued by San Francisco, being sued by a former employee (I have been in touch with her lawyer), and now this article about Accretive and the hedge fund and more.

Here is the Complaint filed by the Attorney General in Minnesota against NAF. These are amazing facts that shock even me.

 

http://capwiz.com/nacanet/attachments/MN_Complaint_Against_NAF.pdf

READ paragraph 4 – it will disgust you and make you very angry – then I want you to contact me…..AND PAGE 11 diagram (web)

WRITE to me, COMMENT on this blog, or CALL me…..because I have personally had to deal with NAF and their corruption. This lawsuit is the beginning and time for National Arbitration Forum to be shut down.

 

Also, binding mandatory arbitration in the credit card agreements is a contradiction in itself. THERE IS NO ARBITRATION!!! And the collection agencies have NO rights to the arbitration.

If you know of any consumer that is fighting ANY one of the collection agencies…(and arbitration)

MANN BRACKEN

WOLPOFF & ABRAMSON

ESKANOS & ALDER

AXIANT

contact the Attorney General today.

 

Accretive is a family of private equity funds based in New York City that operates under the control of Cline and his associates. A number of the Accretive entities were originally organized in 1999.

Agora is a family of private equity funds based in New York City that was created by Cline and his associates through the Accretive network. The Agora entities were formed in 2007to acquire significant financial interests in the National Arbitration Forum.

Axiant is a debt collection agency in which Accretive has majority ownership and which was created by Accretive to acquire the assets of three large national debt collection law firms (Mann Bracken (based in Atlanta, Georgia), Wolpoff & Abramson (based in the District of Columbia), and Eskanos & Adler (based in California)), which eventually all merged into Mann Bracken.

Accretive, Agora, Axiant, the Forum, and Mann Bracken form a complex web of companies that compose some of the largest debt collectors and arbitrators of consumer credit card debt in the country. In 2006, the National Arbitration Forum arbitrated over 200,000 claims involving credit card and other debt issued by national banks and large corporations; in almost 60 percent of those cases, the banks, or the funds that purchased the consumer debt, were represented by Mann Bracken or Wolpoff & Abramson.

VERY IMPORTANT: (FROM THE ARBITRATIONJUSTICE.COM FORUM FOR CONSUMERS)

“These allegation present an incredible set of problems for consumers who are currently involved in arbitration. One suggestion I received from an attorney was to download the complete suit from the MN AG’s site. File a a stay with the NAF arbitrator based on these allegations. Make the judge involved in any confirmation hearing aware of the suit. Contact a consumer lawyer for advice and assistance. Every NAF case in the nation should be placed on hold, based on this incredible news.

We were not kidding when when named them ‘Not Always Fair’, as it appears they were not only in bed with their clients, they planned and executed a world class scam in the style of Bernie Madoff.”

OTHER STATES TO PIGGYBACK:

New York
West Virginia
Texas
Pennsylvania
California

THANK YOU LORI SWANSON FOR BEING A WOMAN OF POWER AND STEPPING OUT AND FIGHTING NAF!!!

 

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