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.
Expert: Michael Brotherton Date: 4/5/2008 Subject: US National Bank Pay Day loan
Question Can charges be filed in Texas against me for not paying these loans because my account had to be closed? This occured in 2005 they tell me. The company name is USBI. They want me to write an apology letter and give them my debit number.They say charges are going to filed on Monday for theft by check, internet fraud and one other thing. They said I could be arrested.
Answer Do not give them banking information. This is a scam. I have received numerous calls and letters from being being threatened with jail, etc. The bank does not exist and they are macerating as a law enforcement agency. If they call back record their call and ask a lot of questions. Who the loan was with, how much, ask their name address, phone number and what agency they represent. Check them out on line with the attorney general in their state and yours. Then file a police report and a complaint with your state attorney general.
Above all don't let them intimidate you or scare you with their threats. They cannot do anything to you. If it were real they would file a civil complaint not a criminal one unless they can prove fraud which is hard to do. Just because you had money problems doesn't constitute a fraud.
