| Comment Number: | 529233-00067 |
| Received: | 12/17/2007 2:45:50 PM |
| Organization: | |
| Commenter: | Carmen Malone |
| State: | NJ |
| Agency: | Federal Trade Commission |
| Rule: | Debt Collection Workshop |
| No Attachments |
Comments:
The law firm purchased charged off debt with an alias business entity the law firm owns as well. The law firm is collecting debt for his client. The client is himself. The FTC referred to this activity as, double dipping". I have not seen anywhere that this issue was spoken about or readdress. This is an injustice. The attorney charges attorney fees for his client. What is going on here???? The attorney states his client does not have to be licensed or bonded in the state of NJ, because the attorney is doing the collecting. Please tell me that this is not a joke that this and I am sure many law firms are doing because they are getting away with it. I have attached numerous judgment and pending judgments this law firm is suing on behalf his company that purchased debts. How is this attorney reporting this income?:????