Consumer Finance
OCTOBER 29, 2020
On October 30, 2020, the Consumer Financial Protection Bureau issued a final rule to restate and clarify prohibitions on harassment and abuse, false or misleading representations, and unfair practices by debt collectors when collecting consumer debt.
Foster Swift
MARCH 23, 2023
Sixth Circuit Court of Appeals issued a decision with important implications for parties involved in debt collections regulated under the Fair Debt Collection Practices Act (FDCPA) [1]. On March 1, 2023, the U.S.
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Consumer Finance
MARCH 21, 2021
The Consumer Financial Protection Bureau (CFPB) released today the 2020 annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA). Press release Fair Debt Collection Practices Act Financial education Debt collection Enforcement
Account Recovery
FEBRUARY 23, 2022
A bill has been introduced in Congress that would expand the Fair Debt Collection Practices Act to cover small business debts in order to protect those companies from “harassment” by third-party debt collectors, according to the bill’s sponsor.
Account Recovery
MAY 10, 2021
A published … The post House Preps Vote on Key Debt Collection Bill appeared first on AccountsRecovery.net. 2547 Non-Judicial Foreclosure Debt Collection Clarification Act Private Loan Disability Discharge Act of 2021 Rep.
Credit Management Company
FEBRUARY 23, 2021
Now, there are additional steps you must add to your debt collection practices. Late last year, the Consumer Financial Protection Bureau (CFPB) announced the Final Rule that debt collectors must follow under the Fair Debt Collection Practices Act (FDCPA).
Account Recovery
APRIL 23, 2021
The House of Representatives has passed a bill aimed at amending the Fair Debt Collection Practices Act to provide additional protections to servicemembers. 1491, the Fair Debt Collection Practices for Servicemembers Act, was introduced in March by Rep, Madeleine Dean [D-Penn.].
Better Credit Blog
AUGUST 31, 2020
Having debt in collections can be downright overwhelming, especially when debt collectors bombard you with dozens of phone calls. What Is the Fair Debt Collection Practices Act (FDCPA)? How the Federal Debt Collection Practices Act Protects You.
Burt and Associates
AUGUST 22, 2019
For your information is available the 2019 Fair Debt Collection Practices Act. The Federal Trade Commission (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace. FDCPA 2019. Education
Collection Industry News
JUNE 14, 2021
Colorado’s Administrator of the Uniform Consumer Credit Code recently amended the rules implementing the state’s Fair Debt Collection Practices Act. Provisions governing collection costs, letters of admonition, and the retention of recorded communications were also amended. The post Colorado Amends Fair Debt Collection Practices Rules appeared first on Collection Industry News. Source: site.
Account Recovery
DECEMBER 21, 2021
Compliance Colorado Fair Debt Collection Practices Act Regulation F
Consumer Finance Watch
MAY 10, 2019
Financial institutions and debt collectors should take note of, and provide comments on, the CFPB’s recent Notice of Proposed Rulemaking, which attempts to provide consumers with “clear protections against harassment by debt collectors and straightforward options to address or dispute debts.” . Seeking to curb abuses in the debt collection industry, Congress enacted the FDCPA in 1977. Wayne Streibich , Diana M. Eng , Jonathan M. Robbin, Nicole R.
Public Citizen
DECEMBER 18, 2020
The Consumer Financial Protection Bureau today issued a final rule implementing the Fair Debt Collection Practices Act. All the materials can be found here
Consumer Finance Watch
DECEMBER 29, 2020
On December 18, 2020, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule concerning debt collection disclosures, which follows its October 30, 2020 final rule regarding debt collection communications. The two final rules implement and interpret the consumer protections set forth in the Fair Debt Collection Practices Act (“FDCPA”) of 1977. The latest final rule outlines various requirements regarding debt collection disclosures.
Burr Forman
SEPTEMBER 3, 2021
The Seventh Circuit reasoned Plaintiff’s lack of Article III standing with respect to her claims brought pursuant to the Fair Debt Collection Practices Act (“FDCPA”), 15 U.S.C. § § 1692 et seq. Blog Articles Consumer Finance Litigation Debt Collection FDCPA debt collection fdcp
Consumer Finance
JANUARY 12, 2022
The Consumer Financial Protection Bureau (CFPB) today released a bulletin reminding debt collectors and credit bureaus of their legal obligations in light of the No Surprises Act, which protects consumers from certain unexpected medical bills.
Troutman Sanders
AUGUST 17, 2020
On August 12, 2020, Nicholas Brechun, Compliance Supervisor for the Colorado Fair Debt Collection Practices Act (“CFDCPA” or “the Act”), sent out notice of a stakeholder meeting to discuss amendments to the Act. All Entries Debt Buyers & Collectors TCPA
Collection Industry News
NOVEMBER 6, 2020
On October 30, 2020, the Consumer Financial Protection Bureau (“CFPB”) published a long-awaited final rule revising Regulation F, which implements the Fair Debt Collection Practices Act (“FDCPA”) of 1977. Prior to the formation of the CFPB, there was no regulatory body with rulemaking authority over debt collection practices. The final rule also makes it clear that a debt collector violates section 806(5) of the FDCPA (15 U.S.C.
Account Recovery
DECEMBER 16, 2022
Capital One will … The post Capital One to Pay $2M As Part of Collection Call Enforcement Action first appeared on AccountsRecovery.net. The post Capital One to Pay $2M As Part of Collection Call Enforcement Action appeared first on AccountsRecovery.net.
Troutman Sanders
MARCH 15, 2021
Madeleine Dean (D-PA) introduced a bill, the Fair Debt Collection Practices for Servicemembers Act (H.R. 1491), proposing to amend two sections of the Fair Debt Collection Practices Act (FDCPA or the Act) — namely Section 805 of the FDCPA (15 U.S.C.
Consumer Finance
APRIL 18, 2021
Acting Director Dave Uejio remarks on the Interim Final Rule on CDC Eviction Moratorium Rights under the Fair Debt Collection Practices Act. Speech Disasters and emergencies Rulemaking Debt collection
Consumer Finance
DECEMBER 17, 2020
On December 18, 2020, the Consumer Financial Protection Bureau issued a final rule to implement Fair Debt Collection Practices Act (FDCPA) requirements regarding certain disclosures for consumers. Press release Rulemaking Fair Debt Collection Practices Act Debt collection
Collection Industry News
AUGUST 18, 2020
On August 12, 2020, Nicholas Brechun, Compliance Supervisor for the Colorado Fair Debt Collection Practices Act (“CFDCPA” or “the Act”), sent out notice of a stakeholder meeting to discuss amendments to the Act. 4) – preventing a terminated licensee from selling rights to collect accounts to another licensee, instead only allowing a second licensee to purchase the right of referral from the client; Rule 2.03(2)
Consumer Finance Watch
SEPTEMBER 16, 2022
Debt Collection Litigation Developments Eleventh Circuit Fair Debt Collection Practices Act FDCPA StandingWayne Streibich, Diana M. Eng, and Andrea M. Roberts ?
Account Recovery
MARCH 3, 2023
… The post Judge Partially Denies MJOP in FDCPA, TCPA Case Over Collection Texts first appeared on AccountsRecovery.net. The post Judge Partially Denies MJOP in FDCPA, TCPA Case Over Collection Texts appeared first on AccountsRecovery.net.
Account Recovery
MARCH 23, 2023
The post Judge Grants MTD in FDCPA Case Over Collection Lawsuit Issues appeared first on AccountsRecovery.net.
Consumer Finance Watch
APRIL 29, 2021
Court of Appeals for the Eleventh Circuit has delivered a novel and highly consequential interpretation of the Fair Debt Collection Practices Act that is potentially transformative … Continue reading → Consumer Financial Protection Debt Collection Litigation Developments account receivables management data privacy Fair Debt Collection Practices Act FDCPA privacy law third-party communicationWayne Streibich, Nicole R.
Account Recovery
NOVEMBER 22, 2022
The post Judge Grants MTD in FDCPA Case Over Collection of BK Debt appeared first on AccountsRecovery.net.
Account Recovery
DECEMBER 16, 2022
Suit Accuses Collector of Attempting to Collect on Non-Existent Lease; Cap One to Pay $2M to Settle Collection Enforcement Action first appeared on AccountsRecovery.net.
Account Recovery
MAY 31, 2022
AG Backs Local DAs in Fight Over Bank Accused of Illegal Collection Practices appeared first on AccountsRecovery.net.
Account Recovery
SEPTEMBER 26, 2022
Account Recovery
SEPTEMBER 1, 2022
A copy of the ruling … The post Judge Grants MSJ for Defendant in FDCPA Case Over Dual Collection Letters appeared first on AccountsRecovery.net.
Account Recovery
AUGUST 5, 2022
A copy of the … The post Judge Partially Grants MSJ for Plaintiff in FDCPA Case Over Collecting Incorrect Amount appeared first on AccountsRecovery.net. Columbia Debt Recovery District Court for the Western District of Washington Judge Barbara Jacobs Rothstein
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