Acquisition Collections Debt collector Debtor 
Collection Industry News
OCTOBER 27, 2020
Axiom Acquisition Ventures, LLC (“Axiom”) bought Robert Valenzuela’s consumer debt from a bank after he allegedly defaulted on his personal loan payments. Court of Appeals for the Eleventh Circuit, that a communication from a debt collector can have dual purposes, such as giving notice and demanding payment.
Troutman Sanders
OCTOBER 15, 2020
Axiom Acquisition Ventures, LLC (“Axiom”) bought Robert Valenzuela’s consumer debt from a bank after he allegedly defaulted on his personal loan payments. Court of Appeals for the Eleventh Circuit, that a communication from a debt collector can have dual purposes, such as giving notice and demanding payment.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Collection Industry News
JUNE 14, 2021
Jason Nocera anticipated law enforcement authorities might raid his debt collecting business. The government alleged that Nocera gave his debt collectors drugs to make them more aggressive. Consumer Financial Protection Bureau and the New York State Attorney General’s Office over his unlawful debt collection practices.
Collection Industry News
JUNE 14, 2021
Ciffa’s offices in Niagara Falls and Kenmore, debt collectors intimidated their victims with illegal threats of arrests and lawsuits. According to federal prosecutors, an elderly cancer patient in Texas was so rattled by the threats that she borrowed $500 from her sister to help pay off a debt of $1,285. Source: site.
Troutman Sanders
NOVEMBER 13, 2023
One revision now requires hospitals to complete a screening process to determine whether a particular patient is eligible for charity care before taking certain action, such as enrolling the patient in a payment plan or referring the account to in-house or third-party collections, on the patient’s account. For more information, click here.
Better Credit Blog
AUGUST 17, 2020
When a debt collector like Cavalry SPV ends up on your report, it can do severe damage to your credit score for years, even if you pay off your debts. The agency also uses aggressive tactics to collect on debts, which can add stress to an already nerve-wracking situation. Send a debt validation letter.
Consumer Financial Services Law
AUGUST 31, 2016
Joining the proof of claim fray, the Fourth Circuit has held that the filing of a time barred proof of claim does not violate the FDCPA when the statute of limitations does not extinguish the debt. Atlas Acquisitions, No. 15-1495, 2016 U.S. LEXIS, *22-23 (4 th Cir. Keys to the Decision.
Expert insights. Personalized for you.
40 
Let's personalize your content