We have heard a report of consumers being garnished on old judgments obtained by Centurion Capital Corp.  Here’s the problem: Centurion Capital Corp. has been dead since 2008. This truly is “zombie debt.” Centurion was a big player in the bottom-feeder debt market in the 2006-2007 period. The company caught some heat for its practices, […]

A lot of VW TDI (diesel) vehicle owners are reporting failures in the heater element of the Adblue (diesel emission fluid or DEF – urea, basically) system with vehicles that are 2,3 or 4 years old.  The owners are quoted 4 figure repair amounts and almost always are told that the part is not covered […]

I am beginning to get the picture that Caliber Home Loans, as servicer for a number of securitized trusts, may be engaged in “stealth foreclosures” on a grand scale.  Why do I think that. Well, I have one case that fits the bill, but that one case seems like it is probably one of many […]

Capital Alliance Financial, LLC is a Michigan-based bad-debt buyer which files suits on credit card accounts and maybe other consumer debt.  You should know that Capital Alliance is closely related to the colleciton law firm of Stenger & Stenger, P.C., a very active regional collection law firm based in Grand Rapids, Michigan. You should also […]

Car title loans are effectively illegal in Indiana, though out-of-state lenders do try to talk Indiana consumers across state lines to get the loans.  This is one area of consumer finance that Indiana has right, because title lenders are merchants of misery. The loans are even worse than payday loans, because when a title loan […]

We put out an all points bulletin for information on HG Auto Sales in July. On November 5, 2015, Indianapolis television station WRTV-6 did an investigative report on HG Auto Sales reporting on allegations of HG Auto Sales selling vehicles with tampered odometers. Reportedly, a number of cars were hauled away, and as of today, […]

We are investigating a Florida Company, Rue Education.  Rue seems to have a very similar model to a company we looked at earlier this year, the Learning Network.  Both companies tout an LPN to RN program.  Many of the customers of each company sign up believing they are dealing with a school.  In both cases, […]

We are investigating Jefferson Capital Systems, LLC.  Jefferson bills itself as  “an industry-leading provider of traditional and unique recovery services for consumer charged–off accounts.”   When a bottom-feeder debt buyer touts its “unique” recovery services, you need to be very worried, because the “unique”recovery services were probably thought up by the same guy who came up with […]

The FTC announced in a press release that it shut down a group of abusive debt collectors from Buffalo, New York including National Check Registry.  These companies were outlaw “strong arm” collectors who called people all over the country threatening criminal prosecution and worse for those who didn’t pay them.  The principals in the company […]

To be candid, I had the impression that National Credit Adjusters was an all talk no action bottom-feeder debt collector.  Recently though, I have become aware that they have filed a few lawsuits against consumers in Indiana, so I am paying attention to them more.  Now, that doesn’t mean that their lawsuits are any good, […]