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Seventh Circuit Affirms Dismissal of FDCPA Claim for Lack of Standing, Holding Hiring a Lawyer and Confusion is Not Enough

Troutman Sanders

et al , the lawsuit arose out of an unpaid consumer credit account with a bank. In granting the defendants’ motion, the district court held that the plaintiff did not suffer any actual injuries and “neither confusion, lost sleep, nor hiring a lawyer are concrete harms.” In Choice v. Kohn Law Firm, S.C.

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Dealing with Debt Collectors

Debt Free Colorado

What is Colorado Uniform Consumer Credit Code (Colorado UCCC). The Uniform Consumer Credit Code (UCCC) is a Colorado state legislation governing how consumer credit is handled. Consumer credit transactions are governed by the UCCC, which is a code of conduct.

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What Should You Know About Medical Debts & Bankruptcy?

Sawin & Shea

In fact, medical debt is one of the most common types of debt reported on consumer credit reports. According to the Consumer Financial Protection Bureau, consumer credit reports show $88 billion in medical debt as of June 2021.

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Can I Sue a Company for Sending Me to Collections?

Credit Corp

Some of those laws also cover your rights as a consumer to fair debt collection practices. A few of the laws that might come into play are as follows: The Fair Credit Report Act ensures your right to an accurate consumer credit profile. It obligates companies to report truthful information on your credit report.

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7th Circuit Says Credit Agencies Need Not Dig Into Debt Ownership

Collection Industry News

Circuit Court of Appeals ruled that the Fair Credit Reporting Act does not require consumer credit agencies to further investigate when a borrower disputes a debt collector’s ownership of their debt. Attorneys for the borrowers and credit agencies did not immediately reply to requests for comment on Friday.

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Data Breach Class Actions: Analyzing Standing for Future Injuries-in-Fact (Part 2)

Jimerson Firm

The putative class action in TransUnion arose from claimed violations of the Fair Credit Reporting Act involving the maintenance of allegedly inaccurate consumer credit files. Ramirez , 141 S.Ct. ” Id. Our experienced team of attorneys is here to help.

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Why Do Debt Collectors Check Your Credit Report?

Taurus Collect

Understanding the Legality and Guidelines Regarding Credit Checks Understanding the legality and guidelines regarding credit checks by debt collectors in the UK is important. This means that any debt collector who contacts you must first request your written consent to view your credit report.