We know CACH.
CACH, LLC is a national debt buyer located in Colorado which purchases defaulted consumer credit card debt from the major national banks, and collects for its own account.
CACH, LLC uses four law firms in California to file its debt collection lawsuits. They are: The Mandarich Law Group, with offices in Woodland Hills and a one-lawyer satellite office in Oakland, handles most CACH cases by far. CACH is also represented by The Neuheisel Law Group in Sacramento, the Kentwood Law Group in Montclair, and The Law Office of David Sean Dufek in San Diego. Of these, Mandarich seems the most willing to take CACH cases to trial, while the others have a more settlement oriented business model.
CACH cases suffer from the same core weaknesses as other debt buyer cases: (1) proving that the defendant owed money to the original creditor; and, (2) proving the CACH purchased the defendant’s defaulted account. Under California law, testimony from the original creditor is necessary to prove that a defendant defaulted on a credit card account and owed a debt. The large banks which sell credit card debt never make witnesses available for this purpose. CACH attempts to circumvent this requirement by substituting its own witness. Although such testimony is not legally sufficient, this tactic can be successful before a biased judge who doesn’t apply the law. Unfortunately, there are many of these jurists out there. With a “good” judge, you can beat CACH at trial. With a “bad” one…no chance.
One advantage negotiating settlement with Mandarich is the fact that Mandarich is over-loaded with cases and lacking in both experienced trial attorneys and CACH witnesses. They simply can’t try all their cases. Thus, their personnel shortage, combined with the risk of loss at trial, typically produces reasonable settlement offers in the days before trial.
To learn how we can help you against CACH, LLC please click on one of the links at the top of the page. You can also feel free to call us toll free at (877) 551-0210 for a free consultation, or you can provide your contact information to the right and we will contact you.