Debt Collection Archives

Debt Collection/Bank Fraud and Abuse: Wells Fargo Not Alone Opening Fake Accounts

As predicted right here, it has been reported that Wells Fargo was not alone in creating fake accounts. USA Today reported on June 14, 2018 that other banks were found to have created fake accounts as well. This can be a source of unlawful debt collection, bank fraud and abuse and fair (unfair) credit reporting.

Debt Collector: Prosecuted for Threatening Arrest

Every once in a while you see a report of Debt Collector that gets prosecuted criminally and for their misconduct. I've always suspected that attracting the interest of law enforcement has more to do with abusing the wrong person, rather than the abuse itself. But no matter the instigation, more Debt Collectors, like more (any) Wall Street fat cats, need to be prosecuted, so all the better.


In a recent case I uncovered training materials in which a major finance company admitted they used contacts with a debtor's family, friends, neighbors and co-workers to leverage payments. These are called Third-Party Contacts (TPCs) under the law. They are one of the stocks and trades of Debt Collector Abuse.

Email The Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Office Location


1500 Walnut Street
Suite 900
Philadelphia, PA 19102

Toll Free: 800-254-3497
Phone: 267-838-9654
Fax: 267-299-8079
Philadelphia Law Office Map