I need your help. I hope my hard reasearch pays off I've spent countless nights investigating my collectors and found something VERY strange:
Is it legal for a LawFirm who practices debt collection to establish themselves as another entitity who sells and buys debt ? In otherwords, a lawfirm to collect debts for themselves under a different business name?
The law says this:
§ 807. False or misleading representations [15 USC 1962e]
(14) The use of any business, company, or organization name other than the true name of the debt collector's business, company, or organization.
Here is the real world scenario:
Acme Law firm are debt collectors but they send out notices that they __REPRESENT__ a client called FruitCup solutions who buys debt (still classified as debt collector). Allegedly, FruitCup Solutions bought my debt from American express.
FruitCup Colutions has forwarded my account to Acme LawFirm for collection by legal means if necessary.
Well I just ordered all the corporate records for FruitCup solutions and it turns out the president and VicePresident of FruitCup solutions are the same people who operate Acme Lawfirm!@. Is this legal ? It's screaming FDCRA violation but I'm not sure.
Remember these are the same people. I have proof from Governmental Agencies that would stand up in court proving this. As soon as I get the word, I'm on the phone with everyone. I just don't want to jump the gun if this is legal. Please read the above law again and tell me if I'm on to something.
"This is an attempt to extract money from you legally notwithstanding. Any information obtained from you will be utilized to legalize our extortion"