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Social Media Ban for Debt Collection in New York?

National Service Bureau

If you’re a collection agency or creditor in New York, you need to be keeping an eye out for Senate Bill 3803. Here’s what SB 3803 says: [Principal creditors or agents may not] “use a social networking website as a means to collect on a consumer claim from a debtor. What if the creditor is in New York, but the debtor has since moved?

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A Review of Supreme Court Justice Amy Coney Barrett’s Prior FDCPA Court Decisions

Collection Industry News

Creditor ID Claims—A Mixed Bag. Justice Barrett sat on two different panels that reviewed the issue of whether the debt collector sufficiently identified the creditor to whom the debt is owed. ” with no other reference to the creditor in the collection letter, was insufficient to meet the FDCPA’s standard. .”

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Moreover, the op-ed noted that according to a 2021 report, the greatest number of victims in 2020 by industry were in manufacturing, professional and legal services, and construction. Previously, Khan served as a legal advisor to former FTC Commissioner Rohit Chopra. For more information, click here.