Debt collection company loses big in court in MO

Debt collection company loses big in court in MODebt collection company loses big in court in MO
MerrillSab asked 5 years ago

I saw the headline Jury Hits Debt Collector With $ 83 Million Verdict Over Bogus $ 1,130 Debt on Consumerist today and immediately thought it had to be Portfolio Recovery. Lo and behold, it is! That 83 million is over half of the net 2014 earnings of Portfolio Recovery.

 

Serves them right. They are ruthless and whenever possible skirt the law to hurt the consumer the most. I can’t say I’d be sad to see the punitive damages amount upheld for this poor woman. 

 

 

 

 

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