In a stock press release picked up by Yahoo Finance today, “PRA Group, Inc. (Nasdaq: PRAA) (the ‘Company’),” who call themselves “a global leader in acquiring and collecting nonperforming loans,” announced today that their Executive V.P. and C.E.O., is leaving the company. His successor is Rakesh Sehgal.

Who is Rakesh Sehgal? “He previously served as Managing Director in the Mergers and Acquisitions Group at General Electric and GE Capital, where he closed over $50 billion of transactions.”

Hey! Wait! Those of you who followed along will recall a third degree of separation between PRA Group wholly owned subsidiary PRA to GE Capital to WalMart, where the Judge presiding on Hammett v. PRA, Lee P. Rudofsky was General Counsel.

GE Capital Walmart sold credit card debt to PRA. Perhaps part of that $50 billion in transactions.

An older woman named Loretta Burks sued PRA for similar things as I am suing them for. Here is the identity theft affidavit that Mrs. Burks filled out, thinking it would cause GE Capital Walmart and PRA to cease collections on a debt she did not recognize as anything she incurred. PRA went on to win a default judgment against Mrs. Burks. (Since this is a repost, I won’t count it as your FREE Doc of the Day.)

PRA was awarded $6,016.07 + $601 in attorney fees + $130.86 for costs + $43,265.82 in interest. Yes, the total wage garnishment was $50,023.75.

Here is a motion for a new trial that gives Mrs. Burks’ side of the story.

This is your FREE Doc of the Day:

PRA explained that the astronomical interest and total were caused by a computer glich.

Read the bull shit explanation here in paragraph 6 of your Bonus Doc of the Day:

Mrs. Burks went on to sue PRA in federal court and they settled.

Good thing for Mrs. Burks that Walmart’s lawyer wasn’t the judge on her case, or she would probably have lost and been charged with attorney fees for the company that bought the GE Capital Walmart list of debts.