Banks, Collectors, and CRAs Discuss the elimationa of secured and unsecured "debt", as well as tactics for dealing with debt collectors and credit reporting agencies.


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  #1  
Old 06-03-2004, 11:05 PM
Randy
 
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Hers's the link:



http://home.hamptonroads.com/stories...6184&ran=67305



Randy
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  #2  
Old 06-03-2004, 11:37 PM
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Randy,



Thanks for the info.
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Old 06-03-2004, 11:55 PM
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court case--big news

Yeah, it's always nice to see things that we are studying, conversing about and doing being described in a positive light in the major media.



Also nice to see the courts actually backing us up for a change.



Great piece of work!



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Old 06-05-2004, 10:27 AM
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court case--big news

This is interesting:



"By law, the appellate judges wrote, if a creditor cannot verify disputed information, credit agencies are to delete the item or modify it after further investigation. A jury, the judges wrote, "could reasonably conclude that if the MBNA agents had investigated the matter further and determined that MBNA no longer had the application, they could have at least informed the credit reporting agencies" that MBNA couldn't verify Johnson was responsible for the account. "



Don't ya think?
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Old 06-05-2004, 12:27 PM
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Ice,



How about "WOULDN'T VERIFY"
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Old 06-05-2004, 07:13 PM
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WOULDN'T suggests that they <u>COULD</u> but won't.

The Judge said they <u>COULDN'T</u> which means they <u>CAN'T</u> verify it <u>AT ALL</u>.



Big difference between "wouldn't" and "couldn't".



Ask yourself: How many CC companies actually have the original application?? Here we have a judge stating that the COULDN'T verify for lack of evidence -- ain't that what we have been saying all along??


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Old 06-07-2004, 01:51 AM
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Yep,



Also, wouldn't the judges statement of "couldn't" seem to imply that the judge knows that they can't as well? leading me to believe that the judge knows what's going on but not saying anything from the start. Hhmmmmm
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Old 06-07-2004, 04:25 PM
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court case--big news

Is there a court case (JOhnson versus MBNA?) to cite?

Thanks!



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Old 06-08-2004, 06:57 PM
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http://caselaw.lp.findlaw.com/data2/...th/031235p.pdf



in case anyone else is interested. Very interesting reading



See bottom of page seven top of page eight.



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