Collection Industry News

OCTOBER 19, 2020

This time, with the CFPB filing an amici brief that, in impact, sides with the debt collector. In DeGroot , the plaintiff defaulted on a debt owed to Capital One. Through the account’s lifetime, it was placed with two separate debt collection agencies. collection efforts concerning your account.

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Troutman Sanders

SEPTEMBER 6, 2023

Columbia Debt Recovery, LLC , the plaintiff, a tenant under a residential lease agreement, vacated the premises early due to concerns over the property’s condition. In response, the property management company engaged a collection agency to recover the remaining amounts claimed as due and owing under the lease.

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Consumer Financial Services Law

JANUARY 3, 2018

By Zachary Dunn The FDCPA prohibits a debt collector from using “any false, deceptive, or misleading representation” in connection with the collection of a debt. Though all statements in ARS’ letter were factually correct – including the statement that Islam’s debt was $14,413.78 See 15 U.S.C. In Islam v.

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Better Credit Blog

APRIL 11, 2022

You can transfer your high-interest rate debts to this card while the APR is suspended, and by the time your new card accrues interest, you’ll have paid off most of your debt. Debt consolidation loans. When debt has a lasting benefit and repayment plans are reasonable, it's positive. bankruptcy.

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