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Dealing with Debt Collectors

Debt Free Colorado

You have rights to help you gain control over your debt collection interactions. To learn more about pursuing your legal rights, contact your state’s local consumer agency. Because it is more limited than the federal FDCPA, the CFDCPA gives consumers stronger legal protection in several aspects.

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What Is a Judgment?

Credit Corp

Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. That means judgment creditors can seek debt payment from more than your wages and bank accounts. This is known as wage garnishment. The Consumer Credit Protection Act caps these types of garnishments.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 2, CFPB Director Rohit Chopra delivered remarks at the Consumer Advisory Board meeting, which included a discussion on the fast-growing buy now, pay later market. This would include requiring banks to reimburse consumers for P2P payments made but later identified by consumers as payments to a scammer.