Collection Industry News

DECEMBER 21, 2020

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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Credit Corp

MAY 30, 2023

Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. For a more permanent solution, you may want to consider filing bankruptcy. Speak with a bankruptcy lawyer to learn whether this will help your situation. Can You Settle a Judgment? ExtraCredit Is Not.

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Judgment Garnishment Creditors Law Firms 98

Collection Industry News

JULY 6, 2021

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. Bobby Peterson. They’re stressed out by bills.

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