Arrow is hard to gauge
these days. They slip in and out of our list of America's Worst
Agencies and from one day to the next, you don't know what type of agency
you'll be encountering.
Consumers and attorneys tell us Arrow routinely and illegally changes date
of last activity on credit reports, file lawsuits on time barred debts, and
manufacture bogus documents for court filings.
If you are a victim of the
Arrow Financial Services scam and want to take action, here are the
people who are involved:
Jack Lavin, President and CEO
Lavin has served as President and CEO of Arrow since 1995.
Michael Valentino, Exec Vice President & CFO
Ronald Lavin, Exec Vice President & COO
Ron Lavin is responsible for overseeing Arrow's recovery operations across
its four nationwide call centers.
Brian Cutler, Exec Vice President & CTO
Jeff Chen, Senior VP, Risk Management
Don Lupo, VP, Finance & Capital Markets
Steven C. Wilansky, House Counsel, VP
Barry Feierstein, VP, Bus Devp & Marketing
Joe Freda - Vice President and Controller
Freda is responsible for Arrow's accounting,
financial reporting and cash management functions.
Mark Cavin - VP, Portfolio Management
responsible for Arrow's portfolio inventory across all of its operations.
Paul Kottmer, VP, Human Resources
is responsible for the management and development of Arrow's corporate and
call center human resources departments.
Why does
Arrow have such a TERRIBLE reputation?
Arrow buys old debts for
almost nothing, then goes after unsuspecting consumers with the usual
threats of litigation, seizure, garnishment, etc. They have been know to
illegally change information on credit reports (dates of last activity) make
false statements on court cases and the other entire debt collector B.S. you
hear and deal with on a daily basis.
Why would an organization
like Arrow consistently involve themselves in illegal activity? Because it
is a BIG money maker. Bottom feeders such as Arrow have the mentality that
no matter what the circumstances were in acquiring debts, that they are
entitled to a return on their investment. Nothing could be further from the
truth.
The laws governing debt
collection and credit bureau reporting are explicit in what entities like
Arrow can do. Changing the dates of last activity on a credit bureau report,
(something that Arrow regularly engages in) is illegal and consumers can
take actions against Arrow and the credit bureaus that allow it.
REAL lawyers such as the consumer law professionals from the National
Association of Consumer Advocates
www.naca.net can assist you in going after Arrow Financial to protect
your rights. Furthermore, Arrow’s bogus court filings can be challenged y
NACA professionals.
Consumers MUST understand
that any pleadings by a bottom feeder AFTER they have purchased a defaulted
account are hearsay and not admissible in court proceedings. Arrow employees
will lie on affidavits and pleadings with statements they could never have
any knowledge of. These lies and bogus filings should be challenged at every
chance, they will never hold up. Consumers are encouraged to have their
attorneys go after Arrow employees, make them testify to the truthfulness of
their statements, watch them run, watch the cases be dismissed. See how many
Arrow employees will NOT commit perjury for their employer. This is an
excellent way to stop these phony pleadings and filings.
On your credit reports,
challenge any and every entry placed on a credit bureau report by Arrow. In
order to go after them and the credit bureaus, you MUST first challenge
their reporting. That will take away their defense when you file legal
actions for violating the Fair Credit Reporting Act. Arrow makes a LOT of
money, you are entitled to some of it under federal law when they violate
the law and your rights. The more lawsuits filed against Arrow, the better.
Always use the REAL consumer law professionals from
www.naca.net. Tell them Bud Hibbs sent you.
Collection agency hit
with record fine
