I can only hope Jonathan what's-his-name (and the other debtors) sues the website's owners and the collection agency reporting them. I would take them for everything they are worth and then some. Dani
I wonder is this is some kind of scam. The java program for the password protected area is a free give away posted at many webmasters resources pages. It's very easy to break, just click view, then source and the html for that page will open in note pad. Search for the java script on that page and the password will be listed. It's actually a very amature script and I can't beleive a professional web design company would use it.
Did you see this under the links? http://www.chargeoffclearinghouse.com/ http://www.debtordiscovery.com/ what a bunch of jerks (putting it mildly).
This is really a very poorly designed site from a technical point of view. No professional web designer made this. The freebie java script being the giveway. A pro would have used CGI to password protect the site and would have omitted the little animated gif file as being very unbusiness like. This makes me question the business. Is it legimate or just a couple of guys out to make, or scam, a couple of quick bucks. I'm new at credit repair but from what I know of the FCRA this is an illegal activity. Their site lists a lawyer as CEO, certainly a lawyer should know better. Should we report this site?
CHARGE-OFF CLEARINGHOUSE (CHARGEOFFCLEARINGHOUSE-DOM) 5511 PARKCREST SUITE 210 AUSTIN, TX 78731 Domain Name: CHARGEOFFCLEARINGHOUSE.COM Administrative Contact, Technical Contact, Billing Contact: Epstein, Louise (EL54-ORG) louise@CHARGEOFFCLEARINGHOUSE.COM Charge-Off Clearinghouse 5511 Parkcrest Drive #210 Austin Austin, TX 78731 I could swear I've seen this lady's name somewhere recently.. L
Louise Epstein, 43 Founder and president, Charge-Off Clearinghouse, Austin Revenues: $3 million to $5 million Status: Midsize buyer and reseller of bad debt in an industry in which some of the largest corporations have stumbled "Size affords us the flexibility to move with the market. The large companies that have failed in this industry have locked themselves into forward contracts to purchase debt at high prices that their subsequent revenues could not support. People just got greedy with OPM -- other people's money. -------------------------------------------------------------------------------- Size affords us the flexibility to move with the market. -- Louise Epstein, founder and president, Charge-Off Clearinghouse, Austin -------------------------------------------------------------------------------- "We buy in smaller quantities, ranging from $1 million to $150 million. That makes us relatively small players in our market. We search for portfolios from small banks that are routinely overlooked by the big players. Our objective is to pay cash for the right portfolio and then offer it for sale on a retail, regional basis. "To my knowledge we are the only company in the country whose primary business is to act as a principal in buying the charged-off accounts outright and to sell and service the sale afterward. Our margins are lean, but the volume is there. Our technology lets us do that. I don't think that a bigger company with more overhead could make any money doing this." She's all over the net so its obviously legimate. How can this NOT be against federal law? L
The site is nasty,however the FCRA and the FDCPA cover only NON BUSINESS debt and credit issues. They are legal, since all their listings are business debts.
