A lot of details about debt purchasing did not make it into today’s story because of space limitations in the print edition.
Here’s a link to the original story.
One interesting thing attorney Floyd Bybee said was that a consumer’s troubles don’t necessarily end even if they successfully fend off a collection lawsuit.
Bybee recently helped a client fight one of the major national debt buyers in federal court.
The client had months previously won in superior court against the buyer who sought payment of a credit card debt his client denied was his.
Even after the superior court ruling in favor of the defendant, the debt buyer continued to report the debt as outstanding to credit agencies. That was negatively impacting Bybee’s client’s credit score and ability to get future loans.
Bybee said they had to sue in federal court to get the mark taken off his client’s credit.