Lack Of Standing Sinks Effort To Squeeze Cash Out Of Consumer; ‘Show Me State’ High Court: Collector Failed To Show Proper Evidence Of Debt Assignment
Written by Administrator on January 29th, 2012Lexology reports:A recent Missouri decision in a credit card collection case illustrates the kind of documentation attacks that are increasingly being lodged against the non-mortgage consumer lending industry.In its January 17, 2012, opinion in Cach, LLC v. Askew, the Missouri Supreme Court ruled that a debt collector was not entitled to judgment in its favor because the collector had not
The Home Equity Theft Reporter
Tags: Assignment, Cash, Collector, Consumer, Court, Debt, Effort, Evidence, Failed, High, Lack, Proper, Show, Sinks, Squeeze, Standing, State