Web hosting

Go Back   suijurisclub.net > Banks, Collection, and CRA

Banks, Collection, and CRA Discuss the credit card, collection agency, and credit reporting act, etc.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 08-10-2008, 09:08 PM
Sharing Lights's Avatar
Supreme Club Member
 
Join Date: Oct 2007
Location: Republic of NY & Sovereignty that was meant & shall be!
Posts: 2,726
Sharing Lights will become famous soon enough
Passive Debt Fraud

WARNING!

Debt collection investors who always look for ways to expand their racketeering,
being led by the dirty tactics of lobbying maneuvers by ACA International
use the following loophole:



PASSIVE DEBT COLLECTION!


Gist of the matter:

Passive Debt Buyers Fraud



Racketeers of debt collection, who are actually, incorporated private investors obtain evidence of debt
under false pretexts, mostly under allegedly extending credit or loan to Consumers, and who are not licensed in States, which require debt collection license,
pose as PASSIVE DEBT COLLECTORS (PDC.)


PDC enjoy a privilege of exemption from the dc licensing.

According to the New York City Department of Consumer Affairs:
"A debt buyer that merely purchases or acquires defaulted debt but
does not engage in collection activities itself
does not require a license from the Department."


So unlicensed dc play their, typical game and pretend to be PDC.

Then, they sue Consumers in court via debt collection attorneys and claim exception discussed.

However, once they demand payments to themselves by dunning letters, they attempt to collect actively
and for themselves.

All know, by now, that when the alleged, original creditor either charged-off the account or seized
its collection efforts, dc collects for itself.

A claim of Assignee or Purchaser is most prevailing.


PDC status is a deception.


When, dc sues you in court, being listed as PLAINTIFF, it is engaged in collection activity to the maximum.

A claimed status of PDC is a fraud by now.

There is no PASSIVE mode in full scale court litigation.


It is as ACTIVE as it may only get.
__________________
Click on: Disclaimer

Sacred Triangle: Believe/Learn/Accomplish.
Foundation: is the Virtues.
Result: re-discover your,
Higher Self connecting
- Above & Below -
Past & Future
Fulfilling Your Destiny!

- Sovereignty, Strength, & Tolerance
http://sovereignjustice.org

In order to preserve accuracy,
my writing(s) may be re-posted unedited
& in context only!

All Rights & Constitutional Liberties Reserved
Without Prejudice

Last edited by Sharing Lights; 08-10-2008 at 09:15 PM.
Reply With Quote
Welcome
To see more of this thread, please login or register.
Reply

Bookmarks

Tags
debt, fraud, passive

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump


All times are GMT -6. The time now is 11:10 PM.


Powered by vBulletin® Version 3.7.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0
All original content © 2009, Suijurisclub. All other content copyright their respective owner; no infringement intended. All text and photos subject to copyright laws-May be used with permission-All Right Reserved.