On November 18, collection agency Rapid Recovery Solution reacts to an article published by GoErie.com concerning the consequences a former debt collector is facing after using a fake courtroom to obtain debts.
According to GoErie.com, the actions of the Erie debt collector have left him with $522,780 worth of debt. Senior Judge John A. Bozza of the Erie County Court set the amount of the judgment as a penalization to the former debt collector "for using the fake courtroom and other practices to intimidate debtors between April 1, 2009, and Oct. 22, 2010," reports the article. The article goes on to state, "The amount includes $348,500 in fines and $174,280 in legal fees and other costs due to the state Attorney General's Office, which investigated and prosecuted the case." In addition, the article reports that the debt collector had filed for bankruptcy in 2011 and that his collection agency has since gone out of business.
John Monderine, CEO of Long Island debt collection agency Rapid Recovery Solution responds to the article by stating, "I think it's ironic that this man does not have the ability to pay. Now the creditor will be in the same boat as he was trying to collect. It's not so fun trying to get people to pay what's rightfully owed. The legal hurdles we have to jump through are crazy sometimes."
The article reports that the former debt collector's half-brother, who is the vice president of the now closed collection agency, is also being sued by The Attorney General's Office; however he is challenging the judgment.
Founded in 2006, RRS Collection Agency is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
Read the full story at http://www.prweb.com/releases/2012/11/prweb10139618.htm