Consumer Files Class Action in Colorado Against Two Debt Collectors

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Professional Bureau of Collections of Maryland, Inc. (PBCM) and Cascade Receivables Management, LLC are the defendants in a Louisiana consumer’s proposed class action in which the individual claims he received a collection letter from PBCM that deceptively and incorrectly listed Cascade Receivables as the original creditor. According to the complaint, Cascade is a buyer of consumer debt, and therefore cannot be the original creditor.

“[The plaintiff] incurred an informational risk of harm as he was not provided with the correct creditor information which hindered him from making a decision about whether he owned the debt to whom the correct and true owner was,” the lawsuit argues.