Acquisition Creditors Debt collector Financial services 
Better Credit Blog
AUGUST 22, 2020
If you have an unpaid medical bill, you may begin to hear from a debt collector known as CMRE Financial Services. CMRE Financial Services is a collection agency that collects medical debts on behalf of hospitals and other healthcare businesses. What is CMRE Financial Services?
Troutman Sanders
NOVEMBER 13, 2023
Annual report requirements will be adopted through a separate rulemaking.
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Consumer Financial Services Law
MAY 10, 2017
A recent decision from a Louisiana district court should provide some comfort to banks and other financial institutions who acquire other entities by merger – at least in the Fifth Circuit, they are not debt collectors. As most know, Bank of America (BoA) acquired Countrywide Bank FSB and its mortgage portfolio in 2008.
Better Credit Blog
AUGUST 21, 2020
This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. Any collection entries on your credit report can continue to impact your score for up to seven years, even if you have paid off the debt. Verify the Debt. Let them know.
Better Credit Blog
AUGUST 22, 2020
If you have a debt that you haven’t paid yet, you may have heard from a debt collector called CCS Offices. CCS Offices is a company that collects debts on behalf of original creditor. They do this by either purchasing the debt or collecting the payments and taking a portion for themselves.
Troutman Sanders
MAY 5, 2022
On May 2, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supervisory Highlights report on legal violations discovered during examinations in the second half of 2021. Providing inaccurate explanations to consumers as to why the creditor denied the consumers’ billing error claims in whole or part.
Collection Industry News
MAY 9, 2022
On May 2, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supervisory Highlights report on legal violations discovered during examinations in the second half of 2021. Providing inaccurate explanations to consumers as to why the creditor denied the consumers’ billing error claims in whole or part.
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