The History Of Credit Bureaus And Collection Agencies
I have been told that a lot of, a lot of lengthy years ago the unions had been the “bosses” and the mafia and the mobs controlled the unions. We all know that from our history lessons. No matter whether correct or not, that was the perception at that time.
The longshoremen’s union controlled the docks and the dockworkers and the Teamsters controlled the truckers and so on and so forth.
You paid your union dues or you did not operate. And if you did not spend your debts to the mobs that had been generally prepared to lend income you ended up with broken bones or perhaps a pair of cement overshoes and a final resting spot in the harbor. At least that is what films had been created of. Elliot Ness getting renowned at that time.
And there was also such a point as a “blacklist” which was 1 spot you by no means wanted your name to finish up on for the reason that if you got your name on the “blacklist” which was circulated all more than you could not get operate if you had been on a union blacklist and you could not get any credit if you had been on the merchant’s blacklist. And if you had been on each, you and your family members would basically starve to death or you had to move out of town to exactly where the mob did not operate.
Quickly you could not move far sufficient for the reason that the mob was everywhere. They got there for the reason that they controlled and owned the credit bureaus and the collection agencies as well. There was just about no limit to the energy they had to manage people’s lives. Then in 1914 the FTC was born and started to clamp down on what the collection agencies and mob- controlled credit bureaus could do to enforce their debt collections.
But the FTC was largely ineffectual till about 1960 when they started a lot more rigorous enforcement actions and implementing new laws. 1 of the initially to go was the practice of blacklisting workers. That could no longer be performed. Then they moved to strike down the public blacklisting of debtors.
Currently, even in the face of achievable lawsuit for violation of the blacklisting laws, some retailers nevertheless make the practice of blacklisting prevalent when they post lists of hot verify writers on their money registers or other publicly visible areas inside their retailers. Performing so could conveniently lead to a significant lawsuit for the reason that it is a public humiliation of the debtor, which is extremely illegal.
So if you ever see your name in a shop on a hot checklist be confident to get a camera and shoot images of the lists regardless of whether the shop owner likes it or not. Then sue the pants off of them. You can gather big harm awards for the reason that of their getting performed so.
But I digress.
The point is that collection agencies and the credit bureaus alike all began out for the reason that of the underworld and the mob bosses and they nevertheless have not lost all of these trappings these days. As a outcome of their failure to heed the handwriting on the wall and the laws, they continue to act in their common strategies not far removed from the mafia and the mob mindset. Though they can not now go about breaking legs and fitting people today with cement overshoes with impunity, they nevertheless browbeat and do other extremely illegal items to impact collection and they consider that for the reason that they are dealing with debtors, people today who are on the incorrect side of the equation for the reason that they could not spend their bills they have the correct to treat people today like dogs and break the laws with impunity.
The time has come to modify that and make the criminals cringe in worry. The only way to do that is to know the law and know your rights and be prepared to go to court if needed to defend your rights and enable uphold the law against their criminal acts.
Keep in mind, when they break the law and violate your rights they are the criminals, not you. And recall as well that the collector who named you and abused you is just as liable for his criminal behavior as the collection agency or enterprise who hired him. You can and must file suit against the collection agency and the person collector who created the contact(s) to your house or your workplace. When they contact, demand to know their name and create it down and the time and date they named. When you sue them, you can file for deposition and demand their contact records and the names of all persons getting named you and the time and date of their calls. They will have to create these if you subpoena them by means of the discovery approach.
If they have utilised any false name that is a violation of the law and when you have the name of the particular person who named and abused you, then you must demand and subpoena their individual address and other facts, which you would want to sue them individually and personally as properly as the enterprise they operate for.
Though it is correct that the enterprise may possibly be accountable for their actions, they are also personally accountable for their personal transgressions and violations of the law for the reason that they are supposed to know superior and ignorance is no excuse of the law.