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Social Media Ban for Debt Collection in New York?

National Service Bureau

If you’re a collection agency or creditor in New York, you need to be keeping an eye out for Senate Bill 3803. Here’s what SB 3803 says: [Principal creditors or agents may not] “use a social networking website as a means to collect on a consumer claim from a debtor. Who Does This Affect?

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A Review of Supreme Court Justice Amy Coney Barrett’s Prior FDCPA Court Decisions

Collection Industry News

In Preston , the debt collector sent a collection letter that was inside of an envelope, which itself was inside another envelope. ” with no other reference to the creditor in the collection letter, was insufficient to meet the FDCPA’s standard. On another panel, Justice Barrett reviewed Dennis v.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

House of Representatives passed the Comprehensive Debt Collection Improvement Act, a collection of bills intended to reform how debts are collected. On May 13, the Nevada Financial Institutions Division (NFID) extended its temporary guidance allowing employees of licensed collection agencies to work from home through July 31.