Troutman Sanders

FEBRUARY 1, 2022

District Court for the Southern District of California, granting summary judgment in favor of a debt collector in a Fair Debt Collections Practices Act (FDCPA) case. In doing so, it held that a collection letter, which indicated that the debtor could only dispute the underlying debt in writing, violated the FDCPA.

Debt collector 59

Debt collector Judgment Fair Debt Collection Debtor 59

Better Credit Blog

APRIL 3, 2022

Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts. In other words, when the original creditor has been unsuccessful in collecting on a debt, it will write off the debt as a loss. Portfolio Recovery will buy old debt for pennies on the dollar.

Debt collector 87

Debt collector Collection Agencies Collections Agency Garnishment 87

BN Lawyers

JUNE 12, 2020

Putting aside issues this article cannot solve (like the undefined term “language preference” and the likely Due Process implications of rushing publication of the Amendments), the Amendments seek to standardize debt collectors’ abilities to note a consumer’s preferred language. 6 RCNY § 62-193(b)(5). See 6 RCNY § 5-77(d)(19).

Government 52

Government Debt collector Collections Creditors 52

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. If the debt collector made an error: If you suspect the debt collection agency made a mistake, like if you see a debt you don’t recognize, you’ll need to confirm the debt belongs to you.

Collections 92

Collections Collection Agencies Collections Agency Credit Bureau 92

Consumer Financial Services Law

JANUARY 3, 2018

By Zachary Dunn The FDCPA prohibits a debt collector from using “any false, deceptive, or misleading representation” in connection with the collection of a debt. Though all statements in ARS’ letter were factually correct – including the statement that Islam’s debt was $14,413.78 See 15 U.S.C. In Islam v.

Accrued Interest 40

Accrued Interest Debt collector Banks Creditors 40

FDCPA Defense

JANUARY 28, 2012

Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. Even original creditors, who are not subject to the FDCPA, are being drawn into FDCPA litigation under various theories of recovery.

Debt collector 40

Debt collector Retrieval Creditors Original Creditor 40

FDCPA Defense

MARCH 2, 2014

One method for identifying areas of potential concern, however, is to analyze the recent enforcement actions by the CFPB and other regulators filed against debt buyers and original creditors. The most comprehensive enforcement action against a debt buyer in recent years was brought by the FTC, not the CFPB.

Debtor 40

Debtor Banks Original Creditor Collections 40