Defective Debt Buyer Affidavits and the Lack of Data Integrity: Other People’s Records (“OPR”) are Not “Business Records” of Midland Funding
Barry Stimpson, like so many other Americans, was sued by Midland Funding, LLC. Midland claimed that it had bought a debt Stimpson owed to Capital One. Midland tried to prove that Stimpson owned it money with three affidavits. The District Court of Canyon County, Idaho, found that these affidavits were insufficient. The court’s decision merits reading for its clear and full analysis of the law of evidence as applied to debt buyer affidavits.
Scammers call and demand immediate payment via wire transfer or prepaid debt card. According to a recent statement from the Maine Attorney General
The red flag, however, is that they want you to make an instant payment with a pre-paid debit card or wire transfer. This is how you know you are getting scammed. Hang up the phone immediately.
Two debt brokers (businesses which buy junk debt, then sell it to other junk debt buyers) were sued by the FTC earlier this year for posting on the internet private personal financial information about individual consumers for public view, as part of their attempts to market portfolios of junk debt to JDBs.
September 21, 2014
A major security failure at Home Depot has led to millions of credit card details falling into the hands of hackers. Home Depot says that hackers used custom written malware to attack the store’s registers. However, former Home Depot employees report that, for several years, the company ignored warnings about the potential for just such an attack.Read More »Home Depot Hacked