Collection Industry News

SEPTEMBER 8, 2020

THE Fair Debt Collection Practices Act (FDCPA) is a federal law that was enacted in 1978 by the United States Congress to protect consumers from abusive debt collectors. Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. Fremont Ave., LARRY YANG.

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Credit Corp

NOVEMBER 9, 2020

Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? Knowing illegal debt collection practices can help identify when you’re being treated unfairly. Attempts to Collect a Debt Not Owed.

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Credit Corp

SEPTEMBER 12, 2023

If you have a lot of inaccurate collection accounts on your report, you might need help from a credit repair firm like Lexington Law Firm. Credit repair companies know how to navigate credit bureau territory, and they can help consumers understand how to handle tricky situations.

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Sawin & Shea

JULY 20, 2022

The majority of lawyers who collect debts on behalf of their clients are also considered “debt collectors” under federal law. In this blog, we discuss what debt collectors in Indiana can and cannot do according to the law. When Are Debts Covered By the Law? Unfairness.

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The Kaplan Group

FEBRUARY 19, 2020

If you are taken to court over a debt that you believe is past the statute of limitations, you will still need to show up in court and defend yourself. After seven years, your old debt will also be removed from your credit score, but you may need to contact the credit bureau to ensure that this happens.

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Fico Collections

DECEMBER 20, 2021

Preferred Collection and Management Services, Inc. case involves an allegation that a debt collector violated the Fair Debt Collection Practices Act (FDCPA) by sending personal information about the debtor to a print vendor which prepared and sent a dunning letter on behalf of the debt collector.

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