Some companies have tried, with varying degrees of success, to invalidate the patent being used to
collect settlement money.
Not exact matches
This followed a truly remarkable evening on Friday during which Stephen Harper posted on Facebook that the government's
settlement with Khadr was «simply wrong;» his son Ben Harper tweeted a donation to yet another Ezra Levant website
collecting money for the children of the soldier whose death is at the heart of the Khadr affair; and Laureen Harper followed suit.
The Thruway plan taps into
settlement money collected from financial institutions over practices that led to the national housing crisis and recession.
The lump - sum is typically a fraction of the actual amount owed, but because the federal government has so many ways to
collect money, debt
settlements are few and far between.
Because in the past some of these companies have actually stolen their client's
settlement money, these days they often only
collect directly from you their «fee» (up front, of course, and usually by automatic electronic transfers from your bank account).
Some companies claim to be debt
settlement companies but are really just fronts for
collecting debtors»
money and putting it in the company operative's pockets.
Financial guru Michelle Singletary points out in her blog, The Color of
Money, that debt consolidation, debt
settlement, and consumer credit counseling services will no longer be allowed to
collect fees up front, but are allowed to keep any fees
collected regardless of whether consumers complete their debt reduction plans.
Finally, the debt
settlement company uses the
money they've
collected from you to negotiate a partial payoff (or
settlement) of the debt
Most creditors would rather work things out amicably in a negotiated
settlement than spend more
money taking a customer to court (with no guarantee of being able to
collect on a judgment).
The payday debt collectors find debt
settlement appealing because they save they save
money in court costs trying to sue you and they would rather
collect some of the debt then have you declare bankruptcy and receive nothing.
If the client's claim is successful, the lawyer
collects a fixed amount of
money from the
settlement or verdict awarded to the client.
If you opt out you can bring your own lawsuit but you can not participate in the Elpida
settlement nor
collect any
money that may be paid to class members as a result of it or any future
settlements or judgments in respect of the DRAM class proceedings across Canada.
* Please note that in addition to the agreed upon contingency fee, should we
collect money on your behalf via
settlement or judgment, you will be liable for costs and / or expenses.