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By: Samuel J. Turco Jr.

Nebraska Debt & Bankruptcy Blog

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Samuel J. Turco Jr.

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CFPB Sues Junk Debt Collection Lawsuit Mill

By Sam Turco on July 16, 2014
Posted in Credit Cards, Debt Settlement, Junk Debt

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The Consumer Financial Protection Bureau has filed a lawsuit against the debt collection firm of Fredericak J. Hanna & Associates and its three principal owners “for operating a debt collection lawsuit mill that uses illegal tactics to intimidate consumers into paying debts they may not owe.”  The CFPB complaint alleges that the Hanna firm files…

Court Denies CitiBank Interest When Contract Lost

By Sam Turco on January 24, 2014
Posted in Uncategorized

Spider Web

What happens when a bank cannot produce a copy of their credit card agreement during a lawsuit for an unpaid account balance?  Well, that was exactly the situation when CitiBank sued Teresa Cooper in the Superior Court of Vermont, and that case typifies the current status of credit card lawsuits nationwide.  Banks cannot seem to…

Junk Debt Buyer Accused of Manufacturing Evidence

By Sam Turco on January 23, 2014
Posted in Credit Cards, Junk Debt

Lori Swanson.jpgMinnesota Attorney General Lori Swanson has filed a lawsuit against a junk-debt buyer, Bradstreet & Associates, accusing that firm of charging an inflated interest of 22% on debts for overdrawn bank accounts that may only charge 6% interest under Minnesota law. 

Companies have the right to collect legitimate debt.  But they shouldn’t be charging peoeple

…

About Us

Samuel Turco is a native Nebraskan whose wealth of knowledge and experience in bankruptcy law, along with a rich understanding of the issues faced by those in all corners of the state, has been instrumental in building a bankruptcy law practice adept in always seeing things from the client’s perspective.

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