Acquisition Collections Debt collector Fair Debt Collection 
Troutman Sanders
JANUARY 6, 2023
On January 4, the District Court of New Jersey dismissed a Fair Debt Collection Practices Act (FDCPA) complaint against an unlicensed debt collector for lack of standing. The past-due debt was first sold to Distressed Asset Portfolio III, LLC (DAP III), then to Unifund CCR (Unifund) for collection.
Consumer Finance Watch
FEBRUARY 27, 2019
a recent precedential decision, the Third Circuit Court of Appeals held an entity whose business is the purchasing of defaulted debts for the purpose of collecting on them falls squarely within the “principal purpose” definition of the Fair Debt Collection Practices Act (“FDCPA”), 15 U.S.C. 18-1042, __ F.3d
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Debt Collection Answers
MAY 18, 2023
Adding to the burden, specialized debt collectors in the medical industry can compound the stress of an already challenging situation. Capio Partners is one such agency that focuses on debt collection in the medical field. Capio Partners is a debt collection agency located in Georgia and has been in business since 2008.
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.
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.
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.
Better Credit Blog
SEPTEMBER 18, 2020
Failing to pay a debt may culminate into being pursued by a debt collector. National Credit Services is one such debt collector that may contact you if you fail to make payments on an overdue bill. Either way, they will open a collections account on your credit report in order to legally pursue payment.
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