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How to Remove CMRE Financial Services From Your Credit Report

Better Credit Blog

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?

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How to Remove Phoenix Financial Services From Your Credit Report

Better Credit Blog

Have you noticed a company called Phoenix Financial Services on your credit report? If you have, this has probably been accompanied by calls from them to collect on a debt. This is because collection accounts on your credit report can have a significant impact on your score for up to seven years.

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New Yorkers Should Receive the Same Digital Communications Benefits All Non-New Yorkers Receive: Part One

True Accord

Interestingly, this update contains revisions that are similar to the New York Department of Financial Services (NYDFS) proposed amendments to New York’s debt collection law, 23 NYCRR 1, that NYDFS released last year. about a past due account) and cannot even reference information about the account.

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. They recently acquired Alltran Financial Services in 2020. If they are unable to provide them, you are NOT entitled to pay that collection.

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How to Remove Nationwide Recovery Service from Your Credit Report

Better Credit Blog

If you are, it is because they are trying to recover a debt that you have with another company. Nationwide Recovery Service will also appear on your credit report as a collection agency, which can damage your credit score. Nationwide Recovery Service will appear on your credit report as a collection agency.

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The CFPB Publishes the Remainder of its Final Debt Collection Rule – Here’s What You Need to Know

Consumer Financial Services Law

Communications in Connection with Debt Collection) to allow debt collectors to communicate with the deceased consumer’s spouse, parent (if the consumer is a minor), legal guardian, executor or administrator, and confirmed successor in interest (as defined Regulation X). Section 1006.2(c) Additionally, Section 1006.34

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Picking Apart the Validation Notice Requirements Under the Debt Collection Rule

Consumer Financial Services Law

Enloe While it remains to be seen what, if any, changes a change in leadership in the CFPB will bring to the Debt Collection Rule, for now collection agencies should begin readying themselves for a November 30 th effective date. It is not enough to simply address the debt validation to the “Estate of John Smith.”