Settlement of $600,000 debt collection appeals MOHELA
The Missouri Student Loan Authority has agreed to pay $600,000 to resolve claims that it…
Browsing: debt collectors
The CFPB revises the procedure for examining debt collection
Earlier this month, the Consumer Financial Protection Bureau (CFPB) very quietly overhauled its debt collection…
First Collect International provides the best debt collection services throughout Europe
First Collect International is an accounting firm that takes care of its clients’ money and…
Al Lawson Brings Back Small Business Debt Collections Protection Bill
we Rep. Al LawsonD-Fla., brought back his “Fair Debt Collections Protection for Small Businesses Actwhich…
Consumer Relations Consortium Comments on NYDFS Proposed Changes to Debt Collections Rule
On February 14, 2022, the Consumer Relations Consortium (CRC) submitted comments to the New York…
Swinburne University branded ‘despicable’ over debt collection threat
The National Union of Higher Education has criticized management at Swinburne University of Technology for…
Tackling the debt collection taboo amid a growing energy crisis
As far as the industry is concerned, a long history of poor customer service, the…
NICE NEVA For debt collection practices Contact centers
NEVA’s innovative AI models enable a new offering that proactively identifies events with potential for…
CFPB Releases Bulletin on Medical Claims Collection and Consumer Reporting Requirements in Relation to No Surprise Law | Ballard Spahr LLP
The CFPB has published a compliance bulletin and policy guidance on medical debt collection and…
New collection rules: what they mean for consumers
If you’ve recently received a text, email, or social media message from a debt collector,…
Consumers Control the Collection Process | Focus on the hometown
New debt collection rules now allow debt collectors to use emails, texts and social media…
Connecticut fails to meet standards for debt collection laws: report | Business
A new national report criticizes Connecticut for inadequate debt-collectors exemption laws that “don’t meet even…
Connecticut fails to meet standards for debt collection laws: report | Business
A new national report criticizes Connecticut for inadequate debt-collectors exemption laws that “don’t meet even…
Takeaways from CFPB Fall 2021 Monitoring Highlights: Debt Collections
As debt collectors prepared to comply with the new Regulation F, last fall the CFPB…
CA DFPI Guarantees No Action Will Be Taken to Debt Collection Authorization Applicants Facing NMLS Delays | Ballard Spahr srl
The California Department of Financial Protection and Innovation (DFPI) released a notice on its website…
New medical debt collection bill protects consumers
The legislatures of Nevada and New Mexico recently enacted new laws that address medical bill…
What You Need To Know About NY Debt Collection Settlements Manatt, Phelps & Phillips, LLP
What happened The Amendments, if adopted as proposed, create new definitions of various terms, including…
What you need to know about the debt collection settlements offered by NY
On December 15, 2021, the New York State Department of Financial Services released proposed amendments…
Fall 2021 CFPB Oversight Highlights Examines Credit Cards, Debt Collection, Deposits, Equitable Loans, Mortgage Services, Payday Loans, Prepaid Accounts, and Money Transfers | Ballard Spahr srl
The CFPB published the Fall 2021 edition of its Supervisory Highlights. The report discusses the…
Proposal to Protect New Yorkers from Abusive Debt Collection
(NEWS10) – A new amendment proposed by the Department of Financial Services (DFS) aims to…
CFPB Fall 2021 Supervisory Highlights Examines Credit Cards, Debt Collection, Deposits, Fair Loans, Mortgage Service, Payday Loans, Prepaid Accounts, and Money Transfers | Ballard Spahr srl
The CFPB published the Fall 2021 edition of its Supervisory Highlights. The report addresses the…
New York Drastically Changes Debt Collection Lawsuits | Weiner Brodsky Kider PC
New York State recently enacted Senate Bill (SB) 153, the Consumer Credit Fairness Act, which…
California Debt Collection Licensing Act Registration Deadline Looms | Alston & Bird
On September 25, 2020, California Governor Gavin Newsom approved Senate Bill 908 – enacting the…
Fair Debt Collection Practices Act (FDCPA) | On your debt
The Fair Debt Collection Practices Act (FDCPA) can be found at 15 USC § 1692.…
Medical debt collection disproportionately affects black Americans
There is a $140 billion burden of overdue medical bills on US credit reports, and…
Eleventh Circuit to Hear Hunstein En Banc Debt Collection Case Again | Waller Lansden Dortch & Davis, srl
The Eleventh Circuit last week overturned its most recent opinion in the debt collection case…
Attorney General James Shuts Down Illegal Debt Collection Firms, Recovers $ 1.2 Million
Collectors made illegal, false and deceptiveThreats for consumers to collect their debts AG James encourages…
Buffalo-Based Debt Collection Firms Shut Down by NYS Attorney General’s Office
The GA’s office accuses companies of making illegal, false and deceptive threats to consumers to…
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The epic journey of a crucial 11th Circuit debt collection case
Law firmsRelated documentsThe names of companies and law firms shown above are generated automatically based…
DFPI Proposes Additional Changes to Definitions Under Debt Collections Licensing Act
On November 15, the California Department of Financial Protection and Innovation (DFPI) released a second…
11th Circ. Will Rehear Debt Collection Privacy Suit
By Caleb Drickey (Nov 17, 2021, 6:50 p.m. EST) – A panel of appeal judges…
Synchrony Bank to Pay $ 3.5 Million in Debt Collection Lawsuit, LADA Announces
The bank had been accused of engaging in illegal debt collection activities through call centers,…
CFPB publishes guidance documents on debt collection rule | Weiner Brodsky Kider PC
The CFPB recently published guidance documents on the requirements of its debt collection rule (Regulation…
CFPB publishes compliance aid in anticipation of the entry into force of the new final debt collection rules | Man’s pepper with trout
Last month, the industry saw the Consumer Financial Protection Bureau (CFPB) release a number of…
NYDFS Proposes Changes to Debt Collection Regulations | Ballard Spahr srl
On October 29, the New York Department of Financial Services released proposed amendments to 23…
Best “Buy Now, Pay Later” Sites & Apps for Pay Later Options in 2021 | Paid Content | Cleveland
click to enlarge You have probably found yourself in a situation when you saw an…
New York State DFS Releases Proposed Changes to Its Debt Collection Rules for Third Party Debt Collectors and Debt Buyers | Hinshaw & Culbertson – Consumer Hub
On October 29, 2021, the New York State Department of Financial Services (DFS) released proposed…
CFPB publishes new FAQ on debt collection rules and guidance document on validation notice | Ballard Spahr srl
On October 29, the CFPB published further frequently asked questions on Regulation F, its final…
New York Adds ADA-Style Requirement and Debt Collection Procedure Law | Bradley Arant Boult Cummings LLP
On October 8, the governor of New York signed Bill AO-2260A to assist borrowers in…
CFPB Issues Debt Collection Guidelines, Creates More Uncertainty For Mortgage Agents | Bradley Arant Boult Cummings LLP
On October 29, 2021 – just 32 days before the effective date of November 30,…
HQ Laws For Debt Collection, Money Transfer Services, And Consumer Subscription Services Signed By Governor Newsom | Weiner Brodsky Kider PC
California enacted six new laws in October extending consumer rights, including new disclosure and consumer…
The Underworld of Debt Collection in South Korea: NPR
In the show Squid game, the poor fight to the death for money to pay…
Legal Lens: Understanding Debt Collection Practices
The Brown & Crouppen Legal Lens takes a closer look at day-to-day legal issues and…
Outdated hospital billing practices present a challenge in complying with new debt collection rules
Outdated billing practices, especially in hospitals and doctor’s offices, are causing challenges for debt collection…
How Do Debt Collection Companies Work?
Benjamin, Chair & Associates Benjamin, Chair & Associates Benjamin, Chaise & Associates, a successful and…
California changes hospital debt collection and charitable care eligibility
A California bill signed into law this month imposes new limitations on hospital debt collection…
Industry scrambles to prepare for CFPB debt collection rules
Banks, credit card companies and debt collectors have pushed for an overhaul of federal debt…
CFPB publishes FAQ on debt collection rules | Ballard Spahr srl
The CFPB has published Frequently Asked Questions on the provisions relating to messages with limited…
New research reveals damage caused by debt collection practices
Tuesday, September 28, 2021, 6:46 a.m.Press release: FinCap FinCap calls for strong regulation to tackle…
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Up to Six Phone Calls a Day: Report Reveals Harmful Debt Collection Practices
BusinessSep 27, 2021 5:00 PM3 minute readSome debt collectors call borrowers up to six times…
Facebook seems to be getting into debt collection
Facebook wants to help you get paid. At least that’s what the company has claimed…
FLOW talks about – Achieving ethical debt collection through technology
With the spread of the Covid-19 pandemic, many industries around the world have been forced…
Facebook looks like it’s starting a debt collection business
Facebook wants to help you get paid. At least that’s what the company has claimed…
AG secures $ 2.25 million settlement in debt collection case
The two settlements, totaling nearly $ 4 million, will fund local consumer programs statewide. The…
Debt Collection Becomes Serious Problem for BNPL Consumers: Report
One in 10 or about 10% of Buy Now Pay Later (BNPL) buyers have been…
The CFPB debt collection regulations will come into force on November 30 – Finance and Banking
United States: The CFPB debt collection regulations will come into force on November 30 September…
BNPL’s Hidden Downside
One in 10 Buy Now Pay Later buyers have been chased by debt collectors, representing…
CFPB confirms date of entry into force of November 30 for final debt collection rules – Finance and Banking
United States: CFPB confirms date of entry into force of November 30 for final debt…
California files debt collection license application with NMLS
On August 25, 2021, the California Department of Financial Protection and Innovation (DFPI) announced that…
The debt collection of loan sharks degenerates into a fight
PHUKET: Thalang Police are investigating how a visit by debt collectors for a loan shark…
Recent CFPB actions focus on debt collection – Finance and Banking
United States: Recent CFPB actions focus on debt collection August 20, 2021 Cooley LLP To…
Alert: Recent CFPB actions focus on debt collection | Cooley LLP
On August 16, 2021, the Consumer Financial Protection Bureau (CFPB) filed a settlement proposal to…
CFPB decides not to delay debt collection rules | Goodwin
On July 30, 2021, the Consumer Financial Protection Bureau (CFPB) announced that two final rules…
New Mexico sets rules to kick off pandemic debt collection
SANTA FE, NM (AP) — New Mexico’s justice system takes steps to ease financial turmoil…
How to apply for a debt collection license
California Governor Gavin Newsom enacted Senate Bill 908, including the California Debt Collection Licensing Act,…
The CFPB withdraws its proposal to extend the date of entry into force of the regulation on debt collection – Finance and Banking
United States: The CFPB withdraws its proposal to extend the date of entry into force…
DC City Council Amends Emergency Debt Collection Bill
On August 3, 2021, the DC City Council unanimously approved an amended version of the…
New Debt Collection Rule Comes into Force on November 30, 2021 | Man’s pepper with trout
On October 30, 2020, the Consumer Financial Protection Bureau (CFPB or the Bureau) released its…
New interpretation of Fair Debt Collection Practices Act shakes up industry – Finance and Banking
United States: New Interpretation of Fair Debt Collection Practices Act Shakes Industry 02 Aug 2021…
DC Council Passes Comprehensive Debt Collection Bill; Send to the mayor for signature
On July 13, 2021, in an alleged effort to protect consumers when Washington DC’s emergency…
Know your debt collection rights
When the pandemic halted travel in March 2020, Lew Moore waived the lease on his…
Trends to Watch in Debt Collection and Enforcement CFPB
Federal and state regulators have long focused on debt collection practices, but recent news and…
DC Council Revises Debt Collection Laws | WDVM25 and DCW50
WASHINGTON DC (WDVM) – The District of Columbia Council has passed legislation that will protect…
“The legislation will give DC consumers the protections they need after COVID-19 debt collection relief expires.”
photo by angela n. From the Office of Attorney General Karl Racine: “Attorney General Karl…
DC takes action to tackle ‘aggressive debt collection’ after COVID protections expire
DC Chairman Phil Mendelson and Attorney General Karl Racine are proposing legislation to protect consumers…
UK banks bolster debt collection teams ahead of first Covid loan repayments
Tuesday 06 July 2021 10:43 Britain’s four biggest banks have hired more than 750 debt…
Elder Law Boutique slammed with lawsuit alleging evasion of fair debt collection practices
Long Island seniors law shop the target of a lawsuit alleging one of its partners…
Back to Basics, Continued — Learn More About Debt Collection | Dentons
Consumer finance companies and credit vendors spend a lot of time and energy avoiding becoming…
Consumer Financial Protection Bureau: Debt Collection Practices in the Global COVID-19 Pandemic (Regulation F)
B-333208 May 4, 2021 The Honorable Sherrod BrownPresidentThe Honorable Patrick J. ToomeyRanking MemberBanking, Housing and…
Money Matters: The Inhumanity of Medical Debt Collection | Opinion
On October 26, 2020, Maria gave birth to a healthy 5-pound, 6-ounce baby girl. She…
California Debt Collection Licensing Proposal Raises Scope Concerns | Hinshaw & Culbertson – Consumer Hub
Last month, the Department of Financial Protection and Innovation (DFPI) released draft regulations under the…
US House Passes Comprehensive Debt Collection Improvement Law | Burr & Forman
On May 13, 2021, the United States House of Representatives adopted HR 2547 (the “Comprehensive…
An Overview of California DFPI’s Debt Collection Oversight So Far
Since the official creation of the California Department of Financial Protection and Innovation (DFPI) earlier…
California DFPI Releases Draft Regulations To Implement New Debt Collection Licensing Act | Ballard Spahr srl
On April 23, 2021, the California Department of Financial Protection and Innovation (“DFPI”) issued proposed…
The decision of the Court of Appeal potentially calls into question the practices of debt collection | McGlinchey Stafford
The Eleventh Circuit issued a notice on April 21, 2021, relating to the Fair Debt…
CFPB Interim Final Rule: Pandemic Debt Collection Practices Effective May 3 | McGlinchey Stafford
On April 19, 2021, the CFPB announced that it had issued an Interim Final Rule…
The CFPB proposes a new date of entry into force for the regulation on debt collection – Finance and Banking
United States: The CFPB proposes a new date of entry into force of the regulation…
Kenmore Debt Collection Firms Under Investigation for Fraud | Local news
“This is a civil forfeiture case at this point. No criminal charges have been laid,…
What is the forecast for CFPB and FTC debt collection activities for 2021? | Alston & Bird
Debt collectors can expect the Consumer Financial Protection Bureau and the Federal Trade Commission to…
IRS private tax debt collection program fires
The IRS is asking strangers to do some of its dirty work. Namely, he assigned…
Sort through the Validation Notice Requirements under the Debt Collection Rule | Smith Debnam Narron Drake Saintsing & Myers, LLP
While it remains to be seen what changes, if any, a change in leadership within…
CFPB Investigates Venmo’s Money Transfer and Debt Collection Policies | Man’s pepper with trout
In a recently filed case Form 10-K, PayPal Holdings, Inc. (PayPal) announced that it received…
CFPB publishes small entity compliance guide on debt collection rule | Man’s pepper with trout
On January 21, the CFPB issued a Small Entity Compliance Guide summarizing the October 2020…
Venmo’s debt collection practices surveyed by the CFPB
The Consumer Financial Protection Bureau is investigating how Venmo, the digital money transfer service operated…
Venmo’s debt collection practices surveyed by the CFPB
The Consumer Financial Protection Bureau is examining how Venmo, the digital money transfer service operated…
The CFPB plans to stop the implementation of quality management and debt collection rules
The Consumer Financial Protection Bureau is seeking to delay implementation dates for rules on qualified…
CFPB issues final rule on debt collection disclosures | Weiner Brodsky Kider PC
The CFPB recently published a final rule amending Regulation F, in order to provide additional…
Significant Changes in Debt Collection Practices: What You Need to Know Bricker & Eckler srl
The Consumer Financial Protection Bureau (CFPB) has released major updates to the rules that affect…
Amherst debt collection agencies slapped with lawsuit by state AG | Crime News
State Attorney General Letitia James. John Hickey Several Amherst-based debt collection companies, two owners and…