AboutMichael Brotherton Expertise Consumer/Debtor Rights Advocate.
Current President of Financial Emergency, Inc FKA Debt Mediation & Financial Counseling. Inc, a debt mediation service.
30 years in the credit and collections industry. Former loan officer and debt collector. Managed two middle to large finance companies.
I am well versed in Loss Mitigation practices and the legal collection process. I have helped literally thousands of people over many years overcome serious financial problems such as foreclosure, creditor lawsuits and abuse by debt collectors. For more information about resolving your "financial emergency" visit www.financialemergency.com.
We actively promote Fair Debt Collection Practices and other consumer protection laws. We teach DEBTOR RIGHTS and enforcement of those rights. It is my opinion that the more informed you are of your rights in the credit and collections practices the more peace you can have dealing with your FINANCIAL EMERGENCY.
Most financial problems are fairly common and as such have some very common solutions. The key is understanding your rights in the collection process and how to enforce them if need be.
Primary business- Debtor Rights Advocacy and Debt Mediation relating to foreclosure, creditor lawsuits, and other serious financial problems.
www.financialemergency.com (copy and paste in browser)
Experience Former loan officer 23 of last 30 years. I have been a debt counselor and mediator since 1992. Current owner of Financial Emergency, Inc. A Debtor Advocacy organization. I also have a radio program called "Financial Emergency" where I routinely answer call in questions from listeners about credit, debt, and the collection system. My emphasis is on "Consumer/Debtor Protection" and the collection process.
Education/Credentials Many years hands on experience. No formal eduction other than Finance and Credit Management training through former employers where I managed two rather large finance companies.
Awards and Honors Numerous letters of recognition from previous employers for excellence in my field.
Question I received a call from a man stating I owed a large amount of $ would not give me info told me it was from us national bank lender and if I did not pay I would be arrested in the next 24-48 for money laundering and he was downloading the case into the system . I have had some payday loans but thought I took care of them. there may be one I had missed. I went to the bank and got info that did not match and had that act closed a few days prior then he was telling me it was deposited. He had my work, cell, e-mail even told me the bank acct I has at the time. I am almost positive it is a spam but it still frightens me. Wouldn't the place contact me first.
Answer You are probably correct that this is a scam to get you to pay money you don't owe. I have received numerous calls recently regarding the same scam. If they call back ask a lot of questions. Who is the debt owed to. Ask their name and phone number. Play along with them and ask for bank routing info so you can make the payment direct to them. DO NOT GIVE YOUR BANKING INFO OR ROUTING NUMBERS.
You may also want to record the phone conversation if you can. Then if they continue to call file a police report and contact the state attorney general. A lot of people are falling victim to these people and being scrammed out of a lot of money.
dont be a afraid of them. Get aggressive and stand up to them. After you get enough info tell them you are filing complaints with the authorities. They will eventually go away.
