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FFGN COLLECT NY
DECEMBER 12, 2023
Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. Consumers must be aware that the debt they are being collected for is valid.
Collection Industry News
MARCH 8, 2021
In a coordinated effort in 2015 called Operation Collection Protection, the FTC and more than 70 law enforcement partners took 115 actions against deceptive and abusive debt collection practices. In many cases, consumers didn’t even owe the debts. Get “validation” information about the debt. Source: site.
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True Accord
NOVEMBER 13, 2023
The New York City Department of Consumer and Worker Protection (NYC DCWP) just released an updated proposed amendment to its rules relating to debt collection. This means that a debt collector must first call a consumer to obtain consent before the collector could send an email message about the account.
Credit Corp
FEBRUARY 23, 2024
Dealing with zombie debt can be extremely complicated as debt collectors may repeatedly contact you about an account that belonged to you years ago. Much like the characters in a post-apocalyptic story, it’s possible to overcome zombie debt with the right know-how. How Does Zombie Debt Work?
Collection Industry News
OCTOBER 12, 2020
Here’s some bedrock—debt collectors can call numbers supplied by the consumer to an original creditor as part of a credit transaction. Either way, it never hurts to have a court decide that consent passed from a creditor to a debt collector. Really quick one for you.
Better Credit Blog
AUGUST 21, 2020
Nothing is quite as panic-inducing as receiving a call from a debt collector. Not only are they notoriously rude, but having a debt collector on your tail can mean that your credit score is about to take a dive. MRS BPO LLC is a medium-sized debt collection agency based in Cherry Hill, NJ. Know Your Rights.
Collection Industry News
JANUARY 29, 2021
Under the final rule, debt collectors must provide the consumer with certain information relating to the debt and the consumer’s rights (Validation Notice). consumer response information, such as prepared statements and prompts that the consumer may use to take certain actions, including disputing the debt.
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