Collection Industry News

APRIL 22, 2023

The government has already started implementing the settlement. All three operate colleges the federal government placed on a list of more than 150 institutions that it said are linked with claims of “substantial misconduct.” District Judge William Alsup approved in November in a case brought by borrowers.

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Student loans Student Loans Debt settlement Loans 40

Collection Industry News

APRIL 27, 2021

On April 13, the CFPB entered into a preliminary settlement with an online debt-settlement company for allegedly violating the CFPA’s prohibition on abusive acts or practices and failing to clearly and conspicuously disclose total cost under the Telemarketing Sales Rule. Source: site.

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Titan Consulting

SEPTEMBER 15, 2020

Therefore, creditors of unsecured debt are often willing to accept less than the full balance owed if you are unable to pay off the balance in full. Professional debt settlement companies can help you negotiate debt for less than the full balance owed if you find the process intimidating or overwhelming.

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Credit Card Debt Debt settlement Debt collector Creditors 84

The Kaplan Group

OCTOBER 19, 2020

FDCPA ( Fair Debt Collection Practices Act). The Fair Debt Collection Practices Act (FDCPA) is a federal law that restricts the behavior of collection agencies when they are attempting to collect money from individuals. The law does not apply to collecting from businesses. Debt Settlement Services.

Credit Counselor 59

Credit Counselor Garnishment Fair Debt Collection Debt settlement 59

Collection Industry News

DECEMBER 1, 2022

Collections agencies buy your unpaid credit card debt from your card issuer when your balance lingers too long — but that doesn’t mean it goes away. When a collections representative from your credit card issuer calls you, it’s usually because you haven’t made at least the minimum payment for at least 30 days.

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Collection Agencies Collections Agency Credit Card Debt Collections 40

Debt Free Colorado

NOVEMBER 13, 2017

Offers for debt settlement and debt repayment plans often sound too-good-to-be-true. government agency that makes sure banks, lenders, and other financial companies treat you fairly”, Freedom Debt Relief’s offers actually were too-good-to-be-true.

Debt settlement 40

Debt settlement Creditors Debt Management Debt Consolidation 40

Sawin & Shea

MAY 24, 2023

To complete the test, first, you will need to collect information related to all your income and expenses. Be aware, if you fail the Chapter 7 means test, you still have other options, including Chapter 13 bankruptcy and debt settlement plans. Talk with your attorney to explore these options. Where Can I Get Expert Help?

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Chapter 7 bankruptcy Bankruptcy Unsecured Debt Chapter 13 bankruptcy 52