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Daily Digest – April 25. Complaint Accuses Collector of Withholding Information; Appeals Court Affirms Dismissal of Assigned FDCPA Claims

Account Recovery

Complaint Accuses Collector of Withholding Information; Appeals Court Affirms Dismissal of Assigned FDCPA Claims first appeared on AccountsRecovery.net. Complaint Accuses Collector of Withholding Information; Appeals Court Affirms Dismissal of Assigned FDCPA Claims appeared first on AccountsRecovery.net.

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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? Attempts to Collect a Debt Not Owed.

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Top 3 Complaints Against Debt Collection Agencies

National Service Bureau

Last week we wrote about 2014 CFPB complaints against debt collection agencies. Of these, 1,346 related to credit card collections and 1,057 had to do with healthcare collections. Per Section 809 of the FDCPA, debt collectors are required to disclose certain information. 2,333 complaints in 2014. #4:

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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

In reality, debt collection agencies are the most useful means to get someone who has a legitimate contractual obligation to make good on their promise so that the honest businessman (perhaps yourself or your company) on the other side of the trade doesn’t get left holding the bag. Are they licensed and do they need to be?

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Does Paying Off Collections Improve Your Credit Score?

Credit Corp

How to Improve Your Credit after Collections Debt Collections FAQ What Is Collections Debt? When you default on a payment, the company you owe may sell your debt to a third-party collection agency. How Does Collections Debt Affect Your Credit Score? or after 9 p.m.

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Tax Debt Collection and You

Burt and Associates

In the past, the Internal Revenue Service (IRS) has failed to turn their debts over to private debt collectors successfully. In 2017, the Fair Debt Collection Practices Act was passed, trying yet again. There have been many complaints from taxpayers about how those private companies go about collecting debts.

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3 Times You CAN'T Contact a Debtor

National Service Bureau

The Fair Debt Collection Practices Act was passed in 1977 to outline the ways in which consumers can be contacted by collection agencies. First, who is a debt collector? First, who is a debt collector? Who is NOT a debt collector? Who falls into this category according to §803? “(A)

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