Pressler And Pressler review: Court Notice 3

@stopthirdpartydebtcollectors,

I know this response is a bit late, but I just came across your comment, and couldn't let it pass. I work for the court system you've insulted, and believe me, we have no interest in the money. If that were the case, Pressler would be filing in Civil Law, and to answer would be $135, not $15. The reason they get away with this is that people IGNORE them and the court summonses. They don't send you the complaint once its filed, WE do. We also include a letter that WE type letting you know that you're being sued and that you HAVE TO RESPOND TO US, not Pressler, not over the phone, but in writing. And yes, there is a fee for everyone who files something, but it's generally cheaper to respond to a complaint than to file one. I don't necessarily agree with their tactics, but the law states that we all, Pressler included, have a right to file complaints with the court, just as the defendants have a right to defend themselves.

What people generally don't know is that even if you don't sign for the certified mail, we send it regular mail, too. If the post office doesn't send us anything like "You don't live there", or you actually do sign for it, it's considered good service, and you have a deadline now - 35 days until default - also on the letter we send you. If you miss it, you're in default now, they can get their judgment. If you're not sure, call or come to the court. We will tell you what's going on - it's actually a lot easier and cheaper when these cases go to court and get settled or dismissed. Once they start collecting, now YOU are paying for their filing fees, attorney fees, service fees, the officer who is collecting's fee - 10% of the total amount - and whatever fees your bank or employer might levy against you. $15 is a LOT cheaper than all that.

Don't blame the court - we have the same procedure for all cases that come through, and theirs are less than special to us. Mostly because we get the blame for them. We have nothing to do with your alleged debts, valid or not. We are just forced by law to shoulder the duty of helping collect on them.

I wish I had this information before I agree to send them any money. When I tried to get information from this shrew company I was told that I would have to pay for this information. They told me to go through my old payment history which I did not have at the time. I move cross country and misplaced a lot of this information. Due to hard times I was unable to pay on my account. I am paying more to this shew company than what I owed on the credit card. I believe in what goes around comes around. It is just a matter of time...

There is a huge SCAM, a multimillion dollar SCAM, being forced on the american public!

And our legal system is in on it!

third party debt collectors!

When you stop paying on a credit card debt,
The original creditor is mandated by federal law, to charge-off an account when no payments have been received for 180 days.
That date is refered to as the �Date of Last Activity (DLA)’ and reported as such, to the credit reporting agencies by the creditor.

After they write it off, they "Bundle" all these uncollectable accounts and sell them for pennies on the dollar on the open market, this is where the 3rd party debt collectors come in.

They BUY a "BUNDLE" of this uncollected debt info from the original bank.

However what they buy is your name, account number, and what you owed to the original bank.

They rarely or never get your "original signed contract" with the credit card company, your last statement of payment on the account, and the original writeoff amount.

This is what they need to "PROVE" in court that they now have "TITLE" to your original debt.!

This information is usually sold several times within the "networks" still as a BUNDLE
of uncollectable debt!

They will harris you on the phone, send threating letters, saying that they represent
"XYC LLC" who now has title to your Bank of Bundi account in which you owe some
ridiculous amount.

First off the "XYC LLC" company is usually some "shell" company that the collection law firm has setup, because by law, the law firm itself cannot hold title and try to enforce a judgement against you.

So they have to "represent" a client who holds title, so they claim against you.

The law they are trying to collect on is "CONTRACT" law, , which requires them to have "the original signed contract", and the "deeds of transfer", indicating your account specifically with the "deeds of transfer", and a copy or original of your last statement, indicating your last payment on the account, and the "charge Off" amount. Which the original bank "wrote Off" its books.

They never have any of this information, what they present to the court is a hodge podge of information, a pasted piece from an excell spredsheet with your name, address ect, usually 2 pages sideways, "certifications" which are assembled by their own staff on their own computer systems, including usually an amount you owe which they assembled from their own computer system. From this "Budle" they bought for pennies on the dollar!

The problem is unless you "ANSWER THE LAWSUIT" Requiring you to file an answer to the suit, contesting the "CONTRACT CASE" Pay the $15.00 fee to the court, and Show up on the Date of the court hearing and contest the case by demanding that they supply the original contract, deeds of transfer, and last payment statement, "
indicating your account "specifically" and the "charge Off" amount...

They will request a default judgement from the Judge..and he will grant it!

I have specifically fought 3 cases against me, taking several court dates, time off from work, endless hours of waiting, but they realized
I knew what I was talking about and that they could't proof their case,
IE get over on me...and they dismissed their suits...
go here...http://www.budhibbs.com/index.html
here Collection Agencies Illegal Practices ~ New Jersey
http://caipnj.blogspot.com/
and here
http://www.geocities.com/presslerclub/

and here
http://www.debt-consolidation-credit-repair-service.com/forums/index.php

and here for a expose on tv
http://www.youtube.com/watch?v=NTVZ4rU2_84

The reason the courts are usually on their side is "MONEY"
each time they file its $15.00 fee, each time you answer its $15.00 fee,
multiply that times the thousands of collection cases and you can see how the courts make money..not to mention that its a "Buddy" system..

you can email us at stopthirdpartydebtcollectors@yahoo.com
for more info!