Remove 2016 12
article thumbnail

Jun 23, The 12 Best Balance Transfer Credit Card Offers of 2016: Longest Terms

Debt Collection Answers

Have you thought about using a balance transfer to pay a debt collector or to consolidate debt with high interest rates? This article, which quotes the co-author of the free Debt Collection Answers ebook Gerri Detweiler, provides essential advice. That strategy can work but you have to be very careful.

article thumbnail

District Court Refuses to Punish Debt Collector for Accurately Disclosing FDCPA Rights to a Consumer

Consumer Financial Services Law

The court was also dismissive of the consumer’s nonsensical argument that the debt collector somehow violated the FDCPA by advising the consumer of its rights under the FDCPA. The consumer therefore argued that by making the disclosures, the debt collector violated the FDCPA. 3, 2016) at Dkt No. Illobre at *12.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PreCollect Letters Spell Trouble for Creditor under FDCPA

Consumer Financial Services Law

Creditors and debt collectors who utilize pre-collect practices should pay close attention to a recent opinion from the Eastern District of Michigan. 1, 2016), the collection agency agreed to provide the creditor with demand letter services which involved a series of three letters per debt account. . In Parker Burns v.

article thumbnail

Trends In FDCPA Litigation Filed Against HOA Attorneys

FDCPA Defense

If a fine is not a “debt” than it would follow logically that attorney’s fees and costs incurred while attempting to recover the fine also would not be covered. At least one court, however, has suggested that an HOA fine may qualify as a “debt” subject to the FDCPA. Are You Engaged In “Debt Collection” Under The FDCPA?

article thumbnail

Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

These decisions effectively hold that it is misleading to accurately state the exact balance due as of the date of the communication with the debtor, if the collector knows the stated balance is increasing, or is likely to increase, before the debtor pays it. 2016) and Carlin v. 2016), amended (May 22. 3d 72 (2d Cir. filed (U.S.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On December 12, the U.S. On December 12, the FTC announced that it had finalized a new rule — the Combating Auto Retail Scams (CARS) Rule — addressing two types of illegal tactics consumers allegedly face when buying a car: bait-and-switch tactics and hidden junk fees. For more information, click here. For more information, click here.

article thumbnail

Searching For The Meaning Of “Meaningful Involvement”

FDCPA Defense

The Court held that “the defendant’s letter included a clear disclaimer explaining the limited extent of their involvement in the collection of Greco’s debt.” 12-14, 18-23. at 365; see also Jones v. Dufek , 830 F.3d 3d 523 (D.C. See In the Matter of: Works & Lentz, Inc., Administrative Proceeding File No.