August 1, 1990 |
The bankrupt Mike Glickman Realty Inc. owes money for everything from valet parking to tropical fish to taxes. But of 157 creditors, Mike Glickman himself is the biggest, with $1.9 million owed to him by the failed real estate brokerage he founded and headed. According to papers filed in U.S.
November 30, 2008 |
Marissa Ruiz learned about debt collection the hard way. After struggling with credit card debt for years, the Pasadena social worker answered an advertisement from a debt-settlement firm last December. She followed its instruction to stop making minimum payments and to let the firm's representatives handle everything. That's when she started getting calls. "Debt collectors were calling every day, threatening to sue me and take my wages," she said. "There was no reasoning with them at all."
July 21, 1998 |
Three months after losing a $2.3-million sexual harassment lawsuit to two former waitresses, Birraporetti's restaurant at South Coast Plaza has filed for bankruptcy. Birraporetti's Restaurant Costa Mesa LLC filed for Chapter 11 reorganization in Delaware on July 2, saying the move was in the best interests of its employees and creditors. But an attorney for the former waitresses said Monday that the filing appears to be "an attempt to protect the assets of the owner . . .
November 14, 2000 |
A pastor who challenged the authority of the Internal Revenue Service braced along with his congregation for the seizure of their Baptist church today for refusal to pay a $6-million tax debt. Experts have said they believe the case is the first in which the federal government has confiscated a church in a tax dispute. Last month, a federal judge ordered the Rev. Greg A.
January 17, 2013 |
WASHINGTON -- A Van Nuys debt collection operation and the people who ran it agreed to pay $1.1 million to settle federal allegations they improperly bullied consumers to get them to repay overdue bills and deceived clients about fees. The settlement ends a case that began in 2011 against Forensic Case Management Services Inc. and permanently bars the owner, David M. Hynes II, and other officers in the company from the debt collection business, the Federal Trade Commission said Thursday.
August 11, 1991 |
Anyone who has checked into a hospital knows that once you check out, you'll be confronted with a staggeringly expensive, dizzyingly confusing bill. But what is not common knowledge is that many of these bills contain errors that can cost consumers and their insurers thousands of dollars. How big and how common are the errors? The answer depends on whom you ask.
November 11, 2007 |
The voice-mail message was angry and unrelenting. "The situation will not die, I guarantee you!" the woman said in a steely voice, adding that she would call "every day." It was not a stalker or a jilted lover. It was a debt collection company. And it was illegal harassment, according to the Federal Trade Commission, because the caller went on to threaten that the person's wages would be seized.
June 22, 2013 |
More than a year after regulators cracked down on Wall Street's flawed home foreclosure procedures, authorities are stepping up pressure on debt collectors over a flood of lawsuits rife with unsupported allegations against delinquent credit card holders. State and federal regulators are increasingly alarmed that banks and debt collectors appear to be using faulty records in litigation against borrowers having trouble paying what they owe on their credit cards. In some cases, authorities said, the paperwork and the procedures have been so defective that borrowers weren't even given notice of lawsuits against them until judges rendered default judgments for their failure to appear in court to defend themselves.