• DYE CULIK PC | Consumer Protection Division

What Should You Do if Champion Funding is Trying to Collect a Debt From You?

Champion Funding is a Massachusetts company that buys old bad debts and collects on them, mostly by suing Massachusetts residents. This type of company is called a “debt buyer” – it doesn’t issue credit, but it buys credit cards and other accounts from creditors, usually for pennies on the dollar.

Who Is Champion Funding?

Who exactly is Champion Funding? Not much is known about the company, but public records from the Massachusetts Secretary of the Commonwealth reveal that it was formed only a few years ago, in 2017. The purpose of the business, as stated in the incorporation paperwork, is to “purchase and sell charged off debt portfolios and other legal purposes.” Champion Funding is located in Avon, Massachusetts and appears to be wholly owned by an individual named Andrew Metcalf. Mr. Metcalf identifies himself as the president, treasurer, secretary, and director of the company. Champion Funding appears to be related to other businesses such as Judgment Acquisitions Unlimited, which may also be owned by Mr. Metcalf.

Champion Funding Debt Buyer

One thing that we do know about Champion Funding is that it files a lot of lawsuits. State public records our office has reviewed show that it has filed literally hundreds of lawsuits against Massachusetts residents. Incredibly, to the best of our knowledge, little to none of these lawsuits are for credit accounts where Champion Funding was the company that loaned money to the consumer they sued. In fact, in some instances, Champion Funding claimed to have bought the account from another debt buyer – the account changed hands at least two times since it was sold by the original creditor.

What if Champion Funding Sues You?

Debt buyers like Champion Funding are subject to a variety of consumer-protection laws. They may be subject to the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. §§ 1692, et seq. This protects against unfair and deceptive debt collection tactics. Massachusetts has its own versions of the FDCPA. Under regulations from the Massachusetts Division of Banks, debt collectors are subject to 209 Code Mass. Regs. §§ 18.00, et seq. The Massachusetts Attorney General has similar debt-collection regulations at 940 Code Mass. Regs. §§ 7.00, et seq. And finally, there is a catch-all debt collection law enacted by the Massachusetts legislature at G.L. c. 93, § 49. There are numerous protections which may be applicable to any situation, depending on the facts.

Any or all of these laws may be applicable to Champion Funding. And, if Champion Funding or any other debt collector commits the same type of violation on a mass scale, the case may be ripe for a class action. Class actions may be filed under the Consumer Protection Act, G.L. c. 93A, and/or under Rule 23 of the Massachusetts Rules of Civil Procedure.

Our office is unable to comment on cases we have had with Champion Funding. What we can say is that our office has litigated against some of the biggest debt buyers, debt collectors, and financial institutions in the country. We pride ourselves on zealously representing our clients, while at the same time giving them practical and experienced guidance.

If you are dealing with Champion Funding as relates to a debt, contact Culik Law to see how we can help. Our attorneys are members of the National Association of Consumer Advocates, a national organization of attorneys who have pledged not to represent businesses against consumers. We have a decade-long track record of helping consumers in the Boston area and throughout Massachusetts.

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