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How a Medical Collection Agency works?

Nexa Collect

Compliance with Laws and Regulations : Medical collection agencies must comply with various laws and regulations such as the Fair Debt Collection Practices Act (FDCPA) which sets standards for how debt collectors must conduct themselves.

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CFPB Shuts Down Commonwealth Financial Systems for Illegal Debt Collection Practices

Collection Industry News

Commonwealth’s actions violated the Fair Credit Reporting Act because the company failed to conduct reasonable investigations of disputed debts and failed to inform consumer reporting companies that certain information was being disputed.

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Consumer bureau orders debt collection agency to shut down for illegal practices

Collection Industry News

The first action violated the Fair Credit Reporting Act and the second violated the Fair Debt Collection Practices Act, the bureau said.

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Debtor Protections and Consumer Rights in New York: An Attorney’s Perspective

FFGN COLLECT NY

The attorney or debt collector must explicitly identify the debt collection activities allowed by the Fair Debt Collection Practices Act. In addition, the attorney must provide a list of income types protected from collection should the court grant the debt collector a judgment on the case.

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