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What Does the CFPB Have to Do With My Debt Collection Claim?

FFGN COLLECT NY

The Consumer Financial Protection Bureau (CFPB) has more to do with your debt collection claim than you might think. Professionally, your business may deal with consumers directly or indirectly. Personally, CFPB has a lot to do with how companies approach you to collect debt and other financial products.

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What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

Businesses throughout Florida should be aware of consumer statutes that provide remedies to consumers and impose liability to businesses, even for small technical violations. Fair Debt Collection Practices Act. A person attempting to collect his or her “own” debt, is not a debt collector under the FDCPA.

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The Importance of Collection Agencies for Small Businesses Affected by Default Accounts

Debt RR

The settlement of debts acquired by either another company or an individual is one of the most common challenges that businesses experience. Collecting debts is time-consuming, especially if the debtor refuses to cooperate. What they can and cannot do when doing so are regulated by the Fair Debt Collection Practices Act.

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How To Remove BYL Collection Services From Your Credit Report

Better Credit Blog

It’s all too easy to miss a payment on one of your accounts and put it on the backburner for later. When your debt goes into collections, it’s important to straighten things out quickly. If BYL Collections has been contacting you, the information below can help you move forward. How Does BYL Collection Services Work?

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District Courts Split on Convenience Fees Under Debt Collection Laws

Collection Industry News

Section 1692(f) of the FDCPA prohibits a debt collector from using unfair or unconscionable means to collect any debt, and enumerates specific examples of prohibited conduct. Among other things, the term “debt collector” does not include “any person collecting or attempting to collect any debt owed or due.

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How Long Does a Florida HOA or Condominium Association have to foreclose on a HOA/COA Lien?

Jimerson Firm

Florida law provides that community associations may collect assessments from unit owners to cover operating and maintenance costs. The Fifth District Court of Appeals affirmed the decision, holding that the “ongoing obligation to pay assessments is a ‘consumer debt’ under the FCCPA.” See Kelly v. Duggan , 282 So. 1st DCA 2019).

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11th Cir. Reiterates That TILA Periodic Statements May Violate FDCPA

Collection Industry News

Court of Appeals for the Eleventh Circuit recently held that periodic statements required by the federal Truth in Lending Act may violate the federal Fair Debt Collection Practices Act if they are not truthful and fair. Source: site. A copy of the opinion in Lamirand, et al v. to be paid in one year. Debtors appealed.

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