Several former attorneys at legal collection giant Mann Bracken LLP have formed a new collection firm.
Mann Bracken, a national firm that was based in Rockville, Md., collapsed in January (see story) and is now in receivership (see story). The new firm - called Kramer, Meggison & Taylor LLC - has offices in Rockville and Atlanta.
The new firm has “no association with Mann Bracken, and just, several lawyers who worked together in the past formed a new firm to resurrect their careers," Rockville-based partner Scott Kramer tells The Daily Record, a Maryland-based newspaper. “There’s no resurrection of Mann Bracken.” The firm has been operating for about two months.
Meanwhile, Mann Bracken receiver Cheryl E. Rose said she is busy pursuing the defunct firm’s assets, processing consumers’ payments and settling Fair Debt Collection Practices Act claims filed against Mann Bracken. She said she is also considering suing over the firm’s demise, though she would not provide specifics.
Mann Bracken has attributed its fall to its affiliated company, Axiant LLC, filing for bankruptcy and preparing to liquidate its assets. Axiant provided staffing, phone and computer services to Mann Bracken. The firm, which once operated in 24 states and employed hundreds of people, also faced other troubles.
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