Stop Collection Agency Harassment

Gobs of news! First, read here about the bk for Axiant / Mann Bracken (article from Bud Hibbs site) Bold emphasis ours.

“AXIANT Bankruptcy Filing No Surprise to Those Taken in Scam!

The bk filing of Axiant, which was the formation of Mann Bracken, Wolpoff & Abramson and Eskanos & Adler should not come as a major surprise, given the circumstances and the players.

Axiant, best known for their massive scam of consumers through direct ownership of the National Arbitration Forum will stand as the largest fraud ever perpetrated upon the public, by a debt collector.

There are (were) several lawsuits against Axiant claiming violations of The Racketeer Influenced and Corrupt Organizations Act (RICO) which could have potentially led to the possibility of loss of law licenses and even criminal charges against those involved.

The bankruptcy filed today in DE is available for review at Bud Hibbs site. 

No surprise that the first creditor listed is Mann Bracken for $10 million, followed by Irwin Eskanos for more than $720,000. (Any bets on who will collect the most $?)

Among those who may not get paid are debt collection lawyers: Blatt, Hasenmiller, $161,638, Zarzaur & Schwartz, $158,257, Howard Lee Schiff, $97,000, Buffaloe &Associates, $92,846, and many more.

Axiant’s orchestrated purchase by NCO apparently may give new life to debts that were obtained by fraud through the NAF, which started this downhill snowball that has led to the bankruptcy filing. No one will be surprised when NCO decides to use the Mann Bracken network as their ‘lawyers of choice’ to collect on these same debts. It’s a ready-made cash infusion that would make Bernie Madoff proud, and MB even more money.

Just think, MB is off the legal hook, they get paid millions by NCO, who then manufactures their own documents that give validity to the grabage that put Axiant into bankruptcy for their fraud. (AIG…what were you thinking …no bail out, it’s legal and you get to screw the public for years to come with no one to pay back or account to.)

NCO can expect massive consumer resistance to Mann Bracken accounts and consumer lawyers may find a highly lucrative practice in taking on these claims as NCO attempts to untangle the mess of Axiant.

Will Mann Bracken stay alive? Our sources tell us that their game plan is to wait for the heat to die down, then back to business as usual. It is doubtful, given their past, that Mann Bracken, Wolpoff &Abramson and Eskanos & Adler will ever again enjoy the credibility they once had. Their reputation in the collection industry is as bad as it gets, so attorneys, judges and consumers will take on a whole different attitude in dealing with these collectors and the havoc they have created.

Does a bankruptcy wipe out the criminal conspiracy used to steal untold millions from consumers? Does the fact that the National Arbitration lied and misled consumers equate to a profit for NCO just because they have the deep pockets to buy the bogus assets of Axiant? Time will tell and the American consumer will dictate who gets their money, not the scan artists posing as lawyers or bottom feeders.

Here is a real opportunity for America to rise against this massive rip off of our money based soley on lies, misinformation, extortion and perjury. The NAF, Axiant, Mann Bracken and associated entities should not be allowed to use the courts for self enrichment at the expense of the American consumer.”

JUST when you (consumers) thought life goes on with NCO exploding with business…

NOW read this…hot news: the shocker and what does this mean for Axiant and Mann Bracken ?

NCO Terminates its Proposal to Acquire Axiant

HORSHAM, Pa., Dec. 8 /PRNewswire-FirstCall/ — NCO Group, Inc. (”NCO”), a leading provider of business process outsourcing services, announced today that it has notified Axiant LLC (”Axiant”) that it is terminating its proposal to purchase Axiant.

On November 20, 2009, NCO entered into an agreement to acquire Axiant, a provider of legal collection services, subject to satisfactory completion of due diligence, the execution of a definitive agreement and other conditions.

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Read below about the new program:

“As you know, we have been helping homeowners with mortgage problems for several years.

We have been successfully helping those facing foreclosure by stopping the foreclosure process, and giving the borrower six months of grace from mortgage payments. By getting the attention of the lender, it usually allows us (or the borrower) ample time to work out some form of relief with their lender.

Just recently we have developed two new programs that we believe will offer even greater benefits to those in some form of distress. Usually in a distressed situation, the borrower finds themselves wanting to either keep the home and get some mortgage relief, or just walk away from it. For whatever reason they might want to keep it, we can cause the mortgage to be completely rewritten, at about 40% of the current market value of it. If they want to just walk away from it (perhaps underwater with the mortgage), we can get them 5% of the current market value for doing so. In either case, their credit does not suffer a foreclosure, a bankruptcy, or any deficiency judgment, and their credit rating may even improve. We cannot address any lates, but those are more quickly resolved by the borrower than the more serious issues.

For those who have recently gone through foreclosure, we are able to keep them in the property, rent free, for six months, enabling them to more easily transition to new housing.

We are also able to completely address relief from credit card debt.” (not relief from collection debt – contact Next Level Unlimited for collection debt elimination)

“Taking Your Credit to the Next Level”

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We are MORE than pleased to announce “HOT off the presses” kind of news! Good news – not so good news announcement.

Not so good news: Junk debt buyer NCO Financial Services is buying Axiant / Mann Bracken.

Good news:Axiant is declaring bankruptcy. Who knows what that means EXACTLY ?

NCO Financial Services is a large collection agency and has a bad reputation. We would like to know what prompted Axiant / Mann Bracken to declare BK and WHY is NCO buying them out? Axiant and Mann Bracken are in trouble moreso ever since the MN AG Lori Swanson brought a case against National Arbitration Forum in July 2009.

In our humble opinion…this was predictable. Ever since that lawsuit exploded in the collection industry, class action suits have come against Mann Bracken all over the country. It is getting hotter and hotter to sustain this kind of exposure and stay in business. Inevitable perhaps?

We ask again, WHY would NCO buy Axiant / Mann Bracken trouble ?

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“Taking Your Credit to the Next Level”

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We wanted to let you know about additional debt collectors. You may have heard of Resurgent and LVNV Funding who pass the collection debt accounts around to their related companies. These collection agencies are not likely to adhere to the FDCPA and are known to sue consumers. They are junk debt buyers and have been in business for many years. What is up with Fieldstone, Granite and Limestone? All rocks?

If you are being contacted by any of these debt collectors (some may not be collection agencies), please do not ignore their attempts to collect. There are steps to debt elimination that you need to take immediately. Contact us for an analysis.

Ascent Card Services II LLC

Ascent Card Services, LLC

Ashley Funding Services LLC

Credit One Bank, N.A.

Fieldstone Asset Management LLC

Granite Asset Management LLC

Limestone Asset Management LLC

LVNV Funding LLC

PYOD LLC

Resurgent Capital Services L. P.

Resurgent Capital Services PR LLC

SFG REO, LLC

Sherman Acquisition Limited

Sherman Acquisition II Limited

Sherman Acquisition L.L.C.

Sherman Acquisition TA LP

Tradd Street LLC

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We heard on talk radio last week something interesting about credit cards. When a consumer pays off the balance in full that month, they will be penalized. We have not confirmed it and still are checking into it. We want you to get rid of the collection debt in your life, clean up your credit report and raise your credit score. We advocate ONE card of your choice only.

We posted this article below for you to read here and click on the link below about 5 other reasons you will be snapped into reality about credit cards. You will eliminate your collection debt and you will raise your score. You may be tempted to get credit cards again.

Five evil things…  

What’s a cardholder to do?

Consumers must pay close attention to the terms of their contracts, staying alert to any changes.

“It’s boring reading, and it can be hard to understand, but that’s where everything is spelled out,” said Lowcards.com’s Hardekopf.

Of course, while there are laws aimed at helping consumers, legislation can’t do it all.

“As we close the loopholes on some things, they open up elsewhere,” said Consumer Union’s Banks. “Reform acts don’t cover everything, and cardholders have to watch out for their own accounts.”

And if you don’t like your credit card’s new terms? “Shop around — you are not married to your card,” Hardekopf said. “It’s a partnership, not a lifelong contract.”

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“Taking Your Credit to the Next Level”

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We have noticed a change in the debt collection industry. First, the debt collectors – junk debt buyers – seem to be more aggressive. Second, there is more competition to make profit. New collection agencies are popping up attempting to tap into the “golden egg” of consumer debt. Third, the junk debt seems to be sold over more than twice. It is taking longer than 30-60 days to totally eliminate the alleged debt. The larger the amount the longer it may take.

One thing that is CONSISTENT about collection agencies and debt collectors. THEY ARE UNPREDICTABLE. We teach you how to take steps to debt elimination quickly.

With Collect Corp Inc, we noticed their headquarters is in Canada. However, this company has offices located in New York (soon to close?) and Arizona. Apparently, consumers take THEM to court, and the consumer is the plaintiff.

Collect Corp Inc has been in business for a long time and the competition may be hurting their profit. Therefore, this agency could be threatening consumers to pay up.

If you have been contacted by Collect Corp Inc, contact our office for a free analysis.

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“Taking Your Credit to the Next Level”

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North Carolina recently enacted a piece of legislation that could prove to be a game changer for accounts receivable management companies in the state, especially debt buyers.

by ACA International
August 24, 2009

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Nationwide Credit Inc is established in Kennesaw, Georgia. This collection agency (junk debt buyer) has been in business for many years but we have not had interaction with them until recently. They also have an office in Arizona. They can be very persistent. Usually they do not have the proper documents to validate the consumer request.

One of Country’s Largest Debt Collectors Agrees to Pay Record $1 Million Civil Penalty to Settle Charges of Violating Fair Debt Collection Practices Act

We find that Nationwide Credit Inc attempts to collect on American Express accounts (Amex). They often send letters with the Amex blue logo on it requesting the consumer to contact NCI with the 800# listed in the “settlement letter”. Don’t be fooled!

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We have previously written about all of ‘ em . . . Midland Funding, Midland Credit Management, Midland Porfolio Services, Encore Capital Group . . . and we are pleased to announce that the State of Maryland is suing all of these collection agencies.

One more AG ! He has taken the steps to get the debt collectors out of Maryland. Maryland Attorney General, Douglas F Gansler has filed a class action against Midland Funding and also served on the infamous Mann Bracken 9/10/2009. The amount sought is multi millions.

If you are a consumer that is being contacted by any of these debt collectors, contact us for the solution.

from Bud Hibbs site : The debt collection industry is changing, day by day as States’Attorneys General take on the corruption and stand up for consumers. The cornerstone, arbitration was knocked out on the past sixty days and everyone is gearing up for the next round. Stick with us for daily battle updates on Collectors Exposed website.

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No matter where your residence (in and outside Georgia), please call this number AND MAKE A COMPLAINT if you are a consumer in regards to these situations with Hanna offices.

404-651-8600

• you are being contacted by letters/phone calls
• you have been served a summons/complaint
• you have been sued
• you have been garnished
• you have been garnished regarding SS and/or disability

Their office asked us to have YOU call in to register a complaint with their office about Fredrick Hanna. We have been to court and have seen a birds eye view of Hanna attorney actions. In one week, the docket in one county (Georgia) has 100 cases. We are not including the cases that are ruled upon and garnished. We are not including all the counties in Georgia. We are not including other states. You do the math.

Now Hanna has a green light and this is very bad for consumers. YOU NEED TO BE HEARD. This will make a difference. You can fight collection debt.

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

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