Nevada HOA debt collection lawsuit will proceed VEGAS INC

VEGAS INC coverage (business):

A big collection agency for Nevada homeowner associations suffered a legal setback today when a federal judge refused to dismiss a lawsuit accusing it of abusive debt collection practices.

In denying a motion for dismissal of the lawsuit against Nevada Association Services, U.S. District Judge James Mahan said he wanted the case to proceed so he could see more information about how the company operates.

In one of the many lawsuits pitting homeowners and investors in foreclosed homes against Nevada HOAs and HOA collection agencies, attorneys for two homeowners filed suit in December against NAS and its president, David Stone, alleging violations of the federal Fair Debt Collection Practices Act and other counts.

Attorneys for the homeowners say NAS — in collecting past-due assessments and fines — has been coercing homeowners into paying inflated collection fees with phony legal documents and false threats to foreclose on their homes.

THE FAIR DEBT COLLECTION PRACTICES ACT 1

Section 801 Short title. Section 802 Congressional findings and declaration of purpose. Section 803 Definitions

New Victims of the Struggling Economy: Debt Collectors?

By Nicholas Pell You won’t likely shed any tears over this: Being a debt collector is harder than ever. While most Americans want to get out of debt using a debt management plan or debt consolidation, many can’t afford the payments right now. This complicates the debt collection process. Debt collectors aren’t dealing with deadbeats [...]

act collection debt fair federal - News


Consumer Debt Disputes Rising - Statesboro Business News
Consumer Debt Disputes Rising who promptly filed a federal lawsuit against the collection agency for alleged violations of the federal Fair Debt Collection Practices Act.“ – Times

10KSB: ISA INTERNATIONALE INC
The Company is currently utilizing the cash collections being received from the gross collections on its purchased debt collection portfolios, however,

Law protects debtors from bill collectors - MyWebTimes.com
Law protects debtors from bill collectors The Fair Debt Collection Practices Act allows creditors to take aggressive steps to collect whatever they can, including freezing the debtor’s bank accounts

Loose Change: Making the debt-collectors stop calling - Fort Worth Star Telegram
Loose Change: Making the debt-collectors stop calling you and point out that it would be a violation of the federal Fair Debt Collection Practices Act if they don’t halt the threatening letters and calls.

No Phone? No Problem For Debt Collectors - WXYZ
No Phone? No Problem For Debt Collectors But creditors still have to follow the rules of the Fair Debt Collection Practices Act. "Federal law does place some restrictions where you can't be phoned 7 Ways To Ensure You're Paying The Right Creditor

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