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Innhold levert av NC Newsline. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av NC Newsline eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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NC Justice Center attorney Jason Pikler discusses efforts to crackdown on predatory debt buying

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Manage episode 431322539 series 16411
Innhold levert av NC Newsline. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av NC Newsline eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Attorney Jason Pikler (Photo: Courtesy NC Justice Center)

Debt buying.

You may never have heard of it but amazingly, debt buying – a scheme in which companies buy old and stale claims from creditors for pennies on the dollar and then file lawsuits against thousands of debtors who may not even remember the debt – is a big and often predatory multi-million-dollar industry.

Several years’ back, North Carolina passed a consumer protection law to guard against some of the industry’s worst excesses, and recently a team of consumer protection attorneys led by the North Carolina Justice Center’s Jason Pikler, secured a sizable settlement on behalf of thousands of consumers against one very large debt buyer known as Portfolio Recovery Associates. And this past week, NC Newsline caught up with Pikler to learn more about debt buying, the settlement, and some basic tips for consumers.

  continue reading

103 episoder

Artwork
iconDel
 
Manage episode 431322539 series 16411
Innhold levert av NC Newsline. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av NC Newsline eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Attorney Jason Pikler (Photo: Courtesy NC Justice Center)

Debt buying.

You may never have heard of it but amazingly, debt buying – a scheme in which companies buy old and stale claims from creditors for pennies on the dollar and then file lawsuits against thousands of debtors who may not even remember the debt – is a big and often predatory multi-million-dollar industry.

Several years’ back, North Carolina passed a consumer protection law to guard against some of the industry’s worst excesses, and recently a team of consumer protection attorneys led by the North Carolina Justice Center’s Jason Pikler, secured a sizable settlement on behalf of thousands of consumers against one very large debt buyer known as Portfolio Recovery Associates. And this past week, NC Newsline caught up with Pikler to learn more about debt buying, the settlement, and some basic tips for consumers.

  continue reading

103 episoder

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