Troutman Sanders

AUGUST 29, 2023

Palisades Acquisition XVI, LLC , the plaintiff incurred a credit card debt, which was later assigned to a new creditor. In 2007, the new creditor commenced an action to recover the debt and obtained a default judgment against the plaintiff. The default judgment was later assigned to Palisades Acquisition. In McCrobie v.

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Acquisition Garnishment Judgment Debtor 52

Consumer Financial Services Law

DECEMBER 21, 2016

Palisades Acquisition XVI, LLC, 635 F. The case arose from the law firm’s post judgment efforts to garnish wages. After serving a garnishment summons, the consumer claimed the funds as exempt. The defendants then made four additional attempts to garnish funds. See, e.g., Hemmingsen v. Messerli & Kramer, 674 F.3d

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Garnishment Law Firms Acquisition Debtor 40

Collection Industry News

JUNE 14, 2021

In recent years, authorities have either fined, seized or issued judgments totaling $120.4 Some companies buy old debt, collect what they can on it, and then – instead of canceling the debt, which they are supposed to do – they just sell the list of debtors to another company,” Morrissey said. But that hasn’t stopped the abuses.

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Debt collector Judgment Collections Collection Companies 40