Unlicensed Debt Buyers

The Maryland Court of Special Appeals issued a decision in Finch v. LVNV Funding, LLC. on Friday June 28, 2013 that held that judgments obtained by unlicensed debt buyers are void. The opinion is available here:

http://mdcourts.gov/opinions/cosa/2013/0704s12.pdf

What does this mean? If you were sued by an unlicensed debt buyer and it obtained a judgment against you, it may be declared void by the courts. If you want more details call our office at 301 620-1016 or e mail me at borison@legglaw.com  Some of the debt buyers who operated without a license for a period of time include Midland Funding, LVNV, Cornerstone, Bethesda Funding, FFPM Carmel or Advantage Assets.       

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s