Collection Industry News

DECEMBER 19, 2023

Commonwealth is a third-party debt collector that specializes in the collection of past-due medical debts and furnishes information about consumer collection accounts to consumer reporting companies.

Third-party Debt Collectors 40

Third-party Debt Collectors Debt collector Collections Fair Debt Collection 40

Credit Management Company

JANUARY 25, 2022

Agencies work on a contingency basis - they only get paid when the debt has been collected. However, a commercial collection agency is unlike a consumer collection agency. B2B Collection FDCPA and Regulations. You might be wondering which restrictions apply to commercial collection firms and agents.

Commercial Collection 52

Commercial Collection Collections Collection Agencies Collections Agency 52

Burr Forman

JUNE 7, 2021

She advises clients and in-house counsel in litigation arising under the Truth in Lending Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Florida Consumer Collections Practices Act, Fair Debt Collections Practices Act and the Telephone Consumer Protection Act, among others.

Fair Debt Collection 52

Fair Debt Collection Bankruptcy Financial services Consumer Collections 52

Debt RR

SEPTEMBER 9, 2020

Collection agencies for small businesses are third-party establishments that collect overdue payments or funds from default accounts. What they can and cannot do when doing so are regulated by the Fair Debt Collection Practices Act. How Small Businesses Proceed with Collections. The industry served.

Collection Agencies 63

Collection Agencies Collections Agency Collections Debt collector 63

Jimerson Firm

JULY 21, 2021

Nevertheless, there appears to be an increase in class action complaints alleging violations of consumer protection laws such as Fair Debt Collection Practices Act (FDCPA), Florida’s Consumer Collections Practices Act (FCCPA), Fair Credit Reporting Act (FCRA), or Telephone Consumer Protection Act (TCPA).

Judgment 98

Judgment Fair Debt Collection Government Financial services 98

FDCPA Defense

AUGUST 16, 2012

On February 17, 2012, the CFPB published its Proposed Rule Defining Larger Participants in Certain Consumer Financial Product and Service Markets. Entities in the debt collection market that generate $10 million in annual receipts from consumer collection activities would be deemed a “larger participant” in the market.

Collections 40

Collections Fair Debt Collection Consumer Collections Law Firms 40

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.

Accrued Interest 40

Accrued Interest Foreclosure Debt collector Debtor 40