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Creditor Fined $10k For Collecting Debts Using Different Name

Account Recovery

The Connecticut Department of Banking has reached a settlement with a creditor that was using a different name under which to collect unpaid debts for not having a collection license that will see the company pay a fine of $10,000 and stop collecting debts in the state unless it is using the “true name of … The post Creditor Fined $10k (..)

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Creditor Settles with Georgia AG Over Alleged Illegal Collection Practices

Account Recovery

The Attorney General of Georgia yesterday announced a settlement with a creditor accused of engaging in deceptive sales and marketing tactics while also allegedly violating the Fair Debt Collection Practices Act that will see the company pay nearly $150,000 in fines while also agreeing to make significant changes to its business operations.

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Minn. Regulator Fines Creditor For Collecting Without License

Account Recovery

The Minnesota Department of Commerce has assessed a $10,000 fine against a creditor — but stayed $2,500 of the penalty — for engaging in unlicensed debt collection activity in violation of state law. A copy of the consent order with CreditNinja can be accessed by clicking here.

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Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation

Account Recovery

A complaint has been filed in federal court in California accusing a number of healthcare providers and a collection agency of violating state law as well as the Fair Debt Collection Practices Act by attempting to collect on a debt that was incurred as a result of injuries suffered while the plaintiff was working and … The post Complaint Accuses (..)

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Calif. Appeals Court Upholds Ruling For Creditor in RFDCPA Case

Account Recovery

Appeals Court Upholds Ruling For Creditor in RFDCPA Case first appeared on AccountsRecovery.net. Appeals Court Upholds Ruling For Creditor in RFDCPA Case appeared first on AccountsRecovery.net. ” … The post Calif. ” … The post Calif. The post Calif.

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Daily Digest – December 5. Senate Bill Aims to Restrict Medical Debt Collections; Calif. Appeals Court Upholds Ruling for Creditor in RFDCPA Case

Account Recovery

SENATE BILL SEEKS TO PLACE RESTRICTIONS ON MEDICAL DEBT COLLECTION A bill has been introduced in the Senate that seeks to cap the interest rate that can be charged on unpaid medical debts, create a private right of action, and force providers to wait 180 days after a bill has been sent before engaging in … The post Daily Digest – December 5.

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Collector Not Obligated to Notify Creditor of Dispute, Judge Rules

Account Recovery

A District Court judge in Oklahoma has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the defendant did not violate the statute because it failed to notify the original creditor that the debt had been disputed by the plaintiff.

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