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Re: whychat?


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Posted by Why Chat (209.240.205.61) on August 06, 2004 at 20:47:39:

In Reply to: whychat? posted by catb on August 06, 2004 at 20:05:16:


Many States have restrictions on out of State CA's, the SOL list link on my website also lists garnishment rules and CA licensing. Here is Indiana:

INDIANA
GENERAL WAGE GARNISHMENT EXEMPTIONS 75% of disposable earnings for work week or the amount of 30 x fed. min. hourly wage, whichever is greater.
COLLECTION AGENCY BOND & LICENSE
Bond: $5000 each office
License: Yes
Fee:
$100 plus $5 per annum, each unlicenced employee
$30 branch office
$80 - Renewal
Exemption for out-of-state collectors:
Out-of-state collectors are exempt from licensing if
[1] collecting for a non-resident creditor; and
[2] collection activities limited to interstate communications (phone, fax, mail).

ACE violated the law by threatening to take an action it was not allowed to take, i.e. garnishment, so even if they did not actualy file suit (which they couldn't legally do) their telephone threat constituted fraudulent extortion.


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