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Portfolio Recovery Liable for Ignoring Dispute Ltrs

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Established Contributor

Portfolio Recovery Liable for Ignoring Dispute Ltrs

This is some months old but it's good to know that the rules still apply and that they can be held liable:

https://www.reuters.com/article/usa-collection-appeal-idUSL1N1SA27H
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Message 1 of 5
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Re: Portfolio Recovery Liable for Ignoring Dispute Ltrs

Couldn't happen to a nicer debt collector.. They have been slapped many times in the last few years.  Maybe one day they will learn to obide by the law

Message 2 of 5
Frequent Contributor

Re: Portfolio Recovery Liable for Ignoring Dispute Ltrs


@XtraCredit wrote:
This is some months old but it's good to know that the rules still apply and that they can be held liable:

https://www.reuters.com/article/usa-collection-appeal-idUSL1N1SA27H

It's interesting that Portfolio tried to completely quash the suit, based on the old adage... no "concrete harm" caused. This would indicate that Portfolio wilfully and deliberately failed to report the disputes, playing the game that they couldn't very well be called out on it. Disgusting. Bad faith actors like these need to be sued into oblivion.

Message 3 of 5
Established Contributor

Re: Portfolio Recovery Liable for Ignoring Dispute Ltrs

Agreed and agreed.
Badgering, lying, ignoring regulations and simply treating people like they are less than human.
I would say that I hope they learn the error of their ways but old habits die hard. 😐
Starting Score: EX 641 TU 631 EQ 669
Current Score: EX 714 TU 718 EQ 713 (EQ9 735)
Goal Scores: 750


Take the myFICO Fitness Challenge




Message 4 of 5
Frequent Contributor

Re: Portfolio Recovery Liable for Ignoring Dispute Ltrs

Sadly they will see it as just a cost of doing business.
Message 5 of 5
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