Financial Crossroads CA comments on Mann Bracken Collection Firm Receivership and Axiant BK
Financial Crossroads CA comments on Mann Bracken Collection Firm Receivership and Axiant BK
PR Log (Press Release) – Mar 02, 2010 –
Mann Bracken has just thrown the overloaded courts another curveball by shutting its doors last month and is now in receivership. How will that affect your account if you have an open issue with them?
Mann Bracken has just been put into receivership with the Montgomery County Circuit Court as an alternative to going bankrupt.
Financial Crossroads LA notes that what has happened to Mann Bracken is the same type of thing that has happened to many of our families and friends, to many expenses and not enough income. If you give us a call in regardsto your credit card debt situations that is currently with Mann Bracken; or any other collection agency we may be able to assist and resolve these issues for less than the current request.
According to Jamie Smith Hopkins at the Baltimore Sun, the firm’s attorney, James M. Hoffman said a receiver had been appointed as an alternative to bankruptcy. In some cases Financial Crossroads has been able to obtain complete dismissals due to the overburdened court system and using the correct tactics.
Mann Bracken indicates that the main problem is due to the collapse of a spinoff Company. The collection firm Axiant filed for bankruptcy protection in November and is being liquidated.
Financial Crossroads notes that with one of the nation’s largest collection law firms being shut down that our Debt Settlement options will likely be more beneficial to both consumers and original creditors in the near foreseeable future.
To talk to someone about your situation please call (888) 382-2439