Pacific States Credit Owner Arraigned On 111 Counts

Jeff Allan McCoon owns Unifund, a debt buying company and Pacific States Credit, a collection agency. He uses Unifund to buy debts from other companies and then collects the debts through his collection agency, Pacific States Credit, by tracking down property possibly owned by the alleged debtors and filing liens against it. If the alleged debtors ever want to sell the property, they have to pay the liens first, whether they actually owe a bill or not.

So what? Many debt buyers operate on just such a business plan, leading their accounts to be known as zombie debts that never die. The difference in the Jeff Allan McCoon method, however, was not going to court to obtain a civil judgment but filing the liens anyway as if he had obtained a judgment.

The Sacramento County District Attorney's office is not amused.

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