Monday, June 20, 2005

More Squaliforme Collections Lawyer Buffoonery

Well, despite the FACT Act "safeguards" the geniuses in Washington said were going to help protect personal information, yet another example of just how careless all the Squaliforme relatives are has cropped up in Columbia, Missouri.

The "law firm" of Farber and Brand has been caught bungling the disposal of sensitive personal information - information they probably shouldn't have had in the first place ended up being found by a citizen at a recycling center.

The latest version of the Fair and Accurate Credit Transaction Act can be a problem for firms who don't destroy documents and computer files. There can be fines of $2,500 for each violation.

According to the newspaper account, partner Bart Brand said disposing of sensitive documents in a public recycling bin was against company policy. He said the firm takes all the necessary precautions to protect debtors’ personal information. However, he declined to say how the company disposes of sensitive data.

“We make every effort to comply with obligations, and we will continue to look into matter,” Brand said.

“I don’t know whether somebody that worked here made a mistake or somebody got into our office,” he said. “I don’t know what happened.”

Well, Bart, let's just hope there weren't a thousand people's information dumped into that recycling bin. At $2.5K per violation that might be real money for even a collections Squaliforme.

The Honorable Judge Roy Bean

1 comment:

GreenSolutions said...

I just checked my credit report and there is an inquiry from First American Credco. I found their name on this site and wondered if anyone could offer some guidance as to exactly what they were looking for, why they were looking for it, and should I be concerned. I have tried searching for some kind of contact other than regular mail, but no luck. Any thoughts would be greatly appreciated.