First Resolution Investment Corporation fraudulently appended a $400 "Locate Fee" to the debts it purchased, marking up it's wholly-owned debt puchases which now include Unifund.
If I bought a debt for $10, worth $2,000 dollars. I just bought $2,000.
I now own $2,000.
Not really.
I now own TITLE to $2,000.
I also own the Terms and Conditions (T&C) associated to that debt.
So for conviencince sake, we'll impute a 20% interest rate, (should be about 25%, but let's be generous). Afer five years, this comes to $4,366.
First Resolution purchased what is called "Quaternary Debt"... fifth attempt on collections.
My investement is $10.
It's cheap because nobody knows where to find the person who owes it.
Aha!!!!!
I own a company that finds people, and the T&C's allow that I "append search fees" to the debt.
So I fraudulently append $400 per debt that is never paid, and partially carried on the books. Pay $150.
My $10 is now $4,766.
Significant arbitrage.
Ipso Facto, there are thousand of fraudulent affidavits of appending $400 of "Locate Fees", never paid, signed by C. Timothy Rodenbush, and authorized by his son-in-law as the Notoary Public, Dean Simpson of "Simpson Notaries".
Collusion.
You can find mistere Rodenbush in his mansion in the British Properties of Vancouver, BC.
In 1995 I received a credit card at 15 years of age. I got to the point that I couldn't pay it after I had lost my job. In 2000 it went into collections. Once it was on my credit now it's no longer there. This account was sold several times to different attorneys. Now in 2016 they are garnishing my wages & bank accounts. I went to the court house to get the judgement but the attorney on it isn't the attorney garnishing my money. I don't know what to do at this point.
First resolution investment Corp. has been garnishing my wages, but will not give me a reason why. They have been taking money out of my check for a while, but I just recently ask at work what the huge deduction was every week. They were taking around $150 every week. I know it doesn't seem like a lot, but it runs into quite a not over time. All I can get from them is that they are going to take another $9300, but they can't tell me what it's for. It seems odd to me that they won't tell me what it's for.
First Resolution Investment Corporation Reviews
First Resolution Investment Corporation fraudulently appended a $400 "Locate Fee" to the debts it purchased, marking up it's wholly-owned debt puchases which now include Unifund.
If I bought a debt for $10, worth $2,000 dollars. I just bought $2,000.
I now own $2,000.
Not really.
I now own TITLE to $2,000.
I also own the Terms and Conditions (T&C) associated to that debt.
So for conviencince sake, we'll impute a 20% interest rate, (should be about 25%, but let's be generous). Afer five years, this comes to $4,366.
First Resolution purchased what is called "Quaternary Debt"... fifth attempt on collections.
My investement is $10.
It's cheap because nobody knows where to find the person who owes it.
Aha!!!!!
I own a company that finds people, and the T&C's allow that I "append search fees" to the debt.
So I fraudulently append $400 per debt that is never paid, and partially carried on the books. Pay $150.
My $10 is now $4,766.
Significant arbitrage.
Ipso Facto, there are thousand of fraudulent affidavits of appending $400 of "Locate Fees", never paid, signed by C. Timothy Rodenbush, and authorized by his son-in-law as the Notoary Public, Dean Simpson of "Simpson Notaries".
Collusion.
You can find mistere Rodenbush in his mansion in the British Properties of Vancouver, BC.
And no one said a word.
In 1995 I received a credit card at 15 years of age. I got to the point that I couldn't pay it after I had lost my job. In 2000 it went into collections. Once it was on my credit now it's no longer there. This account was sold several times to different attorneys. Now in 2016 they are garnishing my wages & bank accounts. I went to the court house to get the judgement but the attorney on it isn't the attorney garnishing my money. I don't know what to do at this point.
First resolution investment Corp. has been garnishing my wages, but will not give me a reason why. They have been taking money out of my check for a while, but I just recently ask at work what the huge deduction was every week. They were taking around $150 every week. I know it doesn't seem like a lot, but it runs into quite a not over time. All I can get from them is that they are going to take another $9300, but they can't tell me what it's for. It seems odd to me that they won't tell me what it's for.