CREDITWRENCH on licensing

The following garbage from the DONKEY is about as stupid as the rest of his brayings.
His thinking (if one can call it that) is ofr the wall and out to lunch. Why? Because if the law of any given state says that a debt collector must obtain a license it is the state who is the injured party in the event of violation and not the consumer. Therefore the consumer has no right of private action. Compliance or non compliance with state licensure laws has nothing whatever to do with the legal status of the debt which is owed to the current holder in due course of the obligation or his assignee. The legal status of the debt deals with whether or not the debt is valid, is collectable and is in compliance with the terms of the contract as well as other considerations but violation of state licensure laws has nothing to do with the validity or legal status of the debt. His statement to the contrary proves beyond any shadow of a doubt that he is not an attorney as claimed but rather nothing more than a braying jackass. It is misleading because the law says that you can only get $1,000 for the violation and what is that compared to all the time and trouble and expense of trying to collect it? That's why most attorneys are not even interested in taking FDCPA violations cases. Not enough in it for them. So even if the DONKEY were correct it would still amount to nothing more than a fools chase. So much for the useless brayings of the mad DONKEY.


On his web site, CREDITWRENCH CEO Bill Bauer states:

"Whether or not a collection agency is licensed in any given state or not is not relevant or useful"

Such a statement stems from Bill Bauer's obvious lack of understanding of both the FDCPA and supporting case law. And, is false and misleading.

In fact it's very relevant and useful to know if a collection agency is licensed in a state they are trying to collect in. If a state requires licensing and the agency isn't licensed, they cannot legally pursue collection efforts. If they do so, they have violated § 807(2)(a) by misrepresenting the legal status of the debt.

Yep! It is useful alright. So useful that if you catch one of the suckers in violation of the law your only recourse is to go file a lawsuit on them and let the courts settle the matter which may or may not turn out the way you expected but will cost you lots of time, effort and probably attorneys fees as well.
Even if you could find an attorney to take the case you would still have to take time off work to go consult with the attorney, go to court to testify and stand an excellent chance of losing the case. 50-50 chance at the very best. Either you win or you lose. Few people want to take those kinds of chances, pay for the outcome if not in your favor, pay for the filing fees, pay for the lawyer and lose time off work.
As uaual, the mad brayings of the jackass are not only false but very misleading as well.
creditwrench-thetruth

CREDITWRENCH message board

CREDITWRENCH message board

Because of his credit repair tactics being exposed to the public, CREDITWRENCH is advising posters on his message board to send him an email instead of his addressing their questions on the board. This would indicate to me that he is truly embarrassed by my continually exposing all of the incorrect information he has spewed.
Normie simply don't get it. Creditwrench methods are so powerful that if they were allowed to be posted or discussed in public they would soon be plastered all over the internet, every jackass debt collector would know about all about them and would be able to devise strategies and defenses against them. That has always been one of the shortcomings of other message boards. Somebody comes up with a brilliant new idea and starts running his mouth about the great new idea he has and if other posters also think it is good they chime in with possible modifications and improvements or they grab it and run off to their message board loudly proclaiming they have this great new idea. Pretty soon every debt collector, judge and attorney in the country knows all about it and the idea is worthless to anybody except the newbies who jump up and down hollering about what a great board they just found and how it really rocks.

The infamous poster known as "FLYING IFR" aka DR TAX and just like "Uncle Normie" uses a lot of different names is now over on creditner CHARTING NEW GROUND and spouting off his wild theories and asking others to help him develop them. If indeed they are any good every debt collector will know all about it and will develop a defense against them. If his theories ever did have a crying chance of working they are ruined by the public exposure. Creditwrench does not allow that to happen and has often warned posters about the stupidity of putting everything one knows out on public display. Obviously that pisses the donkey off to no end.



He has even admitted publicly that he is having to change content based on my information. Additionally, he is posting questions received by him on another message board to get answers.The questions the Wrench is posting on "another mesage board" deal with trying to find a valid address and contact information for some obscure collection agency that people can't seem to find in any other way. Debt collectors seem to keep in touch with one another to some extent and
most probably have access to a well known publication that is put out for collection agencies so that if they need help in locating or collecting from someone in some other part of the country they can locate another agency wherever they might happen to need help. To illustrate, Dewey Cheatum & Howe who has offices in Bedlam City needs help in collecting a debt from someone living in Toonerville which is located in the swamps 10 states away from Bedlam City. They get out the big directory of collection agencies and look up what collection agencies might be in Toonerville and come up with Swampland Collections over in Toonerville and can contact them for help.

People are not so fortunate when all the information they have is a listing on their credit reports or something found on their caller ID or answering machines from Skeeterchaser Collections and quite often they have no idea who Skeeterchaser might be and have proof that they are being erroneously contacted or berated by Skeeterchaser for some purported debt owed to the Jottum Down Store and of whom they have never heard of, much less ever did any business with them.

So they start hunting for them using one of the search engines and invariably end up on one of my webpages or blogs as a result and they send me an email asking if I can help. I probably never heard of Dewey Cheatum & Howe, much less Skeeterchaser Collections so I post the email on the board DONKEY is referring to and see if I can come up with the info to help the poor souls. Of course, lacking anything else to bray about the DONKEY uses that as an excuse for his continual brayings.

The problem with doing this is how does he know he's giving the right answer if he doesn't know what the right answer is? Quite honestly, he doesn't. But, as has been shown on my blog, he's been giving bad advice all along anyway.

How do I know if I got the right address from asking a debt collector to provide the needed address? Well, the DONKEY does have a point there because one can never trust a debt collector to tell the truth anyway but one can always hope. They do seem to be able to come up with a name or address for another collection agency most of the time. Wouldn't trust them for much else however. One thing about it though is that their information is usually a lot better than that provided through the brayings of a DONKEY.