Texas Court Upholds FDCPA Claim Against Collection Agency InsideARM

The suit, filed back in December of 2010 , has been slowly working its through the Texas courts. In it, a Texas woman, Naomi Boles, alleges that her mortgage company, Nationstar Mortgage, broke the law when it sent her (allegedly) past-due home equity loan account to Moss Codilis LLP, the Coloradan collection agency.

At issue is the notice Moss Codilis sent to Boles, and possibly thousands of other Texas mortgage holders, which in part states, “If you voluntarily surrender possession of the collateral specified herein, you could still owe additional monies after the money received from the sale of the collateral is deducted from the total amount you owe.”

That’s not how they roll in Texas, though. As stated in the complaint, “The letter misrepresents Texas law because Texas residents who have obtained Texas home equity loans secured by their homesteads have no personal liability for any deficiency owing on a home equity loan.”

The good news for Nationstar Mortgage is that the FDCPA violation won’t stick; Nationstar Mortgage isn’t considered a debt collector under the FDCPA. (This doesn’t help Moss Codilis at all.) Both Nationstar

Bad credit mortgage lenders Florida, Debt settlement agency Atlanta GA

www.getcredithealthy.com As seen on NBC News - consumer help and BBB Accredited. Get Credit Healthy uses the best practices in lending! Their ...

agency collection debt east texas - News


Saudi Arabia Suffers Lack of Working Women as Oil Fluctuates Bloomberg
Saudi Arabia Suffers Lack of Working Women as Oil FluctuatesBloombergThe Saudi Arabian Monetary Agency -- the nation's central bank -- built up its holdings of foreign assets such as bonds and currencies to $546 billion in October 2008 from $98 billion in 2003. Saudi Arabia's total 2008 GDP of $482 billion dwarfed that

Collection Revenue Increases Attributed to IAT Dialing Technology InsideARM
Collection Revenue Increases Attributed to IAT Dialing TechnologyInsideARM, MDAccount Control Bureau, Inc. (ACB) specializes in medial debt collection. ACB combines the expertise of a large agency with the dogged determination of a small agency. Located in Shreveport, LA, ACB has been serving the North Louisiana and East Texas

More workers aren't getting paid Austin American-Statesman
More workers aren't getting paidAustin American-Statesman, TXBeardall said there is anecdotal evidence that a recent Texas Supreme Court decision making Texas Workforce Commission decisions unappealable in court has made some lawyers and workers more reluctant to file cases with the agency.

Daniel Estulin's "True Story of The Bilderberg Group" And What ... CounterCurrents.org
Daniel Estulin's "True Story of The Bilderberg Group" And What CounterCurrents.org, Indiatop officials of the FBI, CIA, NSA, defense establishment, and other leading government agencies, including state, commerce, the judiciary and treasury. For its part, "CFR has served as a virtual employment agency for the federal government under both

Bowens' friendship with Samuel Clemens formed basis of classics West Kerr Current
Bowens' friendship with Samuel Clemens formed basis of classics West Kerr Current West Kerr CurrentBowens' friendship with Samuel Clemens formed basis of classicsWest Kerr Current, TXMany of them had been lost, but a precious handful remained in the Bowens' collection. The publication gives credit particularly to Will's son (Roy's grandfather and namesake), Royden Burwell “RB” Bowen, Sr., for the Bowens' genealogy and his pertinent

Digg it Stumble it Add to del.icio.us

Subscribe via RSS

Sponsors

Friends

flickr

Related Sites

Sponsors