The Kaplan Group

MARCH 24, 2022

Here’s the background and all you need to know about what debt collectors can and can’t do on social media. In November 2021, The CFPB made some long-awaited updates to the Fair Debt Collection Practices Act. These new CFPB rules apply only to consumer collections, not business-to-business collections.

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Collection Industry News

JULY 12, 2022

The appeal arose from a lawsuit brought by two Florida homeowners (“Debtors”) against their home loan servicer (“Servicer”) for alleged violations of the FDCPA and Florida’s Consumer Collection Practices Act. The statements also warned that failure to pay may result in the loss of Debtors’ home and provided options for payment.

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FFGN COLLECT NY

NOVEMBER 24, 2021

Most significantly, the Act reduces the statute of limitations — the period of time in which you have to file suit against a consumer debtor — from six years to three years. We wrote about what you need to know about the statute of limitations in New York debt collection cases.

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Burr Forman

APRIL 23, 2021

A debt collector electronically transmitted information about the consumer (including the consumer’s name, his status as a debtor, the entity to which he owed the debt, and the outstanding balance owed) to its third-party dunning vendor, Compumail.

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Debt RR

SEPTEMBER 9, 2020

Collecting debts is time-consuming, especially if the debtor refuses to cooperate. Due to the frustration they encounter when collecting debts, they may resort to outsourcing the debt collection process to a collection agency for small businesses. How to Find a Collection Agency for Your Small Business.

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FDCPA Defense

FEBRUARY 1, 2018

Attorneys and other entities that regularly engage in collection work for community associations may be subject to the requirements of the Fair Debt Collection Practices Act, 15 U.S.C. as well as analogous state laws governing the consumer collection process. Riexinger & Associates, LLC , 817 F.3d 3d 72 (2d Cir.

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Troutman Sanders

JUNE 28, 2021

On June 23, the Federal Reserve announced that it would continue its Fed Listens initiative in 2021 to learn from a broad range of individuals, households, and communities about the economic recovery from the COVID-19 pandemic. The new law limits a collection agency’s ability to collect on medical debt.

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