Bohemia, NY (PRWEB) October 06, 2012
On October 6, 2012, the collection agency [Rapid Recovery Solutions reacts to an article published by American Banker on a hearing Friday regarding Unicredit America’s $1.2 million fine for staging a fake court room.
According to the article from American Banker, collection agency Unicredit America, Inc. used a fake court room to coerce debtors to pay. The article also stated that, “State investigators, according to an Erie Times-News report, also said Unicredit used questionable subpoenas and other tactics to pressure debtors into paying.” Unicredit Americas may have to pay $1.2 million in penalties. They currently await a ruling.
The article stated that “Friday's hearing culminated nearly two years of work by the Attorney General's office against Unicredit. It sued in Erie County Court over the fake courtroom - what Unicredit called its Debt Resolution Center - and other collection tactics in October 2010.”
CEO for collection agency, John Monderine expressed his feelings towards the recent news. “It is incredible what some agencies come up with. This is why when companies choose a collection agency, they should do some research and find out which agency would be best for them,” says Monderine.
Monderine spoke of how a good collection agency should operate. “I believe in having an expert method to debt collection and also having a relentless pursuit,” said Monderine. “Rapid Recovery Solutions does not give up until you get paid, and we guarantee to collect your money or the service is free”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Company is committed to collecting your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.