Cadle Company Denied Debt Collection License in Massachusetts
By Nicholas Ortiz, Boston Bankruptcy Attorney on Mar 16, 2007 in General Bankruptcy Information
The Cadle Company, a debt collection company well-known for hardball tactics, was recently denied a license to operate as a debt collection agency in Massachusetts. Cadle sued the Massachusetts Division of Banks in state superior court seeking to overturn the decision to deny it a license, but the superior court took the Division’s side citing, among other things, the substantial evidence of complaints and outstanding litigation against Cadle.
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