Remove Acquisition Remove Collections Remove Creditors Remove Repossession
article thumbnail

E-Bike manufacturer goes into liquidation

UK debt collections

The Dutch company confirmed through an email to its customers that the company is undergoing a Creditors’ Voluntary Liquidation. The flagship London store was repossessed by its owners due to the forfeiture of rent, and customers were given until August 3 to collect their bikes before they would be sold or disposed of by the landlords.

article thumbnail

CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Troutman Sanders

Summarized below are those issues identified in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, prepaid accounts, remittances, and student loan servicing. The CFPB sees wrongful repossessions everywhere. Debt Collection. Auto Servicing.

article thumbnail

CFPB Supervisory Report Finds Issues in Several Financial Institution Practices

Collection Industry News

Summarized below are those issues identified in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, prepaid accounts, remittances, and student loan servicing. The CFPB sees wrongful repossessions everywhere. Debt Collection. Auto Servicing.