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Credit City Credit Country of Lancaster, California. The Trueblood Law Firm, consumer attorneys in Los Angeles, California, has brought suit on behalf of a consumer client against Credit City Credit Country, aka Jaylene, Inc., a car dealership in Lancaster, California. The suit was filed in the Los Angeles Superior Court (Case No. BC596726) and alleges that the dealership denied the plaintiff his statutory right of reinstatement after repossession, and failed to return the client’s personal items in his vehicle.

BMW Financial Services. The Trueblood Law Firm, consumer attorneys in Los Angeles, California, has brought suit on behalf of a consumer client against BMW Financial Services for credit reporting law violations. The suit was filed in the United States District Court, Northern District of California (Case No. 4:15-CV-05137-JSW) and alleges that BMW Financial violated California’s Rees-Levering Automobile Sales Finance Act when it sent the client a defective “Notice of Intent to Sell Motor Vehicle” after repossession. [Read more…] about Recently Filed Consumer Protection Cases By The Trueblood Law Firm

A junk debt buyer is a collection agency which has purchased a portfolio of delinquent or charged off accounts from credit card companies, or other collection agencies. Credit card debt accounts for nearly 70% of the accounts sold to junk debt buyers, followed by auto loans, telecommunications debt and other retail accounts. Some of the better known junk debt buyers are Asset Acceptance, NCO Group, Portfolio Recovery Associates, RJM Acquisitions, Cavalry Portfolio, Unifund, Midland Funding, First Select, and Sherman Acquisitions.

Junk debt buyers purchase debts on which other debt collectors have failed. Usually, the debts are too old to be sued upon, or the debtor is judgment-proof, or the debtor cannot be located, or the debt has even been discharged in bankruptcy. Because the accounts are inherently hard to collect, junk debt buyers pay only pennies on the dollar for the debt.

[Read more…] about Some Deep Background on Junk Debt Buyers