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
MARCH 4, 2024
An investigation by the Office of the AG (OAG) found that the debt collection law firm and its subsidiary often sued tenants on behalf of landlords in New York City Civil Court on issues that were already resolved in Housing Court. For more information, click here. On February 26, District of Columbia Mayor Muriel Bowser signed B25-0663.
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Debt Collection Answers
MAY 18, 2023
Like all other debt collectors, DNF Associates, LLC depends on multiple sources of information to pursue debt collection. This involves gathering all relevant information and evidence regarding the purported debt. This agency has gained a reputation as a trustworthy and ethical player in the debt-purchasing industry.
Troutman Sanders
NOVEMBER 13, 2023
Another revision makes it mandatory for hospitals seeking to garnish a patient’s wages or bank accounts to include with the summons and complaint initiating such action an “affidavit of expert review” making various certifications. Annual report requirements will be adopted through a separate rulemaking.
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.
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