Heritage Pacific Financial, LLC Complaint - Bad Debt Collection Practices
I represent a 22 year old woman whose identity was stolen. A fraudulent loan application was submitted to a lender without her knowledge. The house was foreclosed upon. She filed a Chapter 7 Bankruptcy to try to get rid of the debt. More than three years after the home was foreclosed upon, the debt was sold to Heritage Pacific Financial. They are now claiming that the debt is non-dischargeable because she provided false information on a loan application more than four years ago, when she never submitted a loan application to the original lender. Can you say ... "statute of limitations?" But what they are banking on is that this poor chapter 7 client has no money to pay an attorney to defend her and they will automatically make her an economic slave for the rest of her life. Its ridiculous that they can resurrect a dead claim simply by acquiring an assignment of the bad debt.
[snip - no solicitations please]