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What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. This decision details the rights, responsibilities, and obligations of each party. In this case, the judge may order you to pay the other party as part of the court’s final judgment. These terms are laid out in the final judgment.

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CFPB Reaches Settlement With Debt Collector Over Deceptive Practices

Collection Industry News

According to the Bureau’s Consent Order, the Agency began purchasing and collecting on consumer debt beginning in 2012, and hired debt collection law firms to assist in their collection efforts by suing debtors in 2014. Further, the Agency is subject to a civil money penalty of $204,000 to be paid to the Bureau.

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Medical Debt Collection Harms Patient Finances

Collection Industry News

Medical debt collection, a complex process and significant cause of personal bankruptcy, is receiving renewed attention because of the financial challenges of the COVID-19 pandemic. Marcott was assisted by ABC for Health, a nonprofit, public interest law firm in Madison. million in 932 cases and received judgments in 751.