About The Consumer Law Office of Steve Hofer

Steve Hofer has been practicing consumer law in Indiana for more than 20 years. He is a former Indiana State Chairperson of the National Association of Consumer Advocates, a national organization of attorneys striving for fairness in the consumer marketplace. Contact me by phone at 317-662-4529 or via email at hoferlawindyATgmail.com. You can also leave a message through my website at www.hoferlawindy.com.

Friday, January 15, 2016

Are you being garnished by Centurion Capital Corp?

We have heard a report of consumers being garnished on old judgments obtained by Centurion Capital Corp.  Here's the problem: Centurion Capital Corp. has been dead since 2008. This truly is "zombie debt."

Centurion was a big player in the bottom-feeder debt market in the 2006-2007 period. The company caught some heat for its practices, and it dissolved in 2008.  Even though Centurion has not existed since 2008, it appears that some people are still being garnished (supposedly by) Centurion.  We'd like to know where this money is going.

Some other companies have been associated with Centurion Capital Corp. Here are some:


Aries Data Collection
Great Seneca Financial Corporation
Colonial Credit Corporation
Monarch Capital Corporation
Platinum Financial Service Corporation
Palisades Collection, LLC
Palisades Acquisitions XVI

Very important: even if there is a legitimate judgment against you, a defunct company doesn't necessarily have the right to continue to collect on it.  When I was doing research on this, I ran into this video on Youtube.  It shows the weakness of the claim of a typical debt buyer. This video is based on a case involving Centurion Capital Corp.



2 comments:

  1. I have recently had a judgement against me by Centurion and the garnishment took place last month. I never received any paperwork to show up to court. Now there is another judgement for the same amount with a different case number same company.

    ReplyDelete
  2. They are still at it. Got me on Thanksgiving Day. No warning.

    ReplyDelete