FFGN COLLECT NY
DECEMBER 12, 2023
Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. Consumers must be aware that the debt they are being collected for is valid.
Nexa Collect
JUNE 18, 2023
Since debt collectors are on the phone all day long, they know every tactic to get paid. This could include accepting a lesser amount than what is owed or setting up a payment plan that the debtor can afford. There are also state laws that can affect the process of medical debt collection.
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Collection Industry News
OCTOBER 6, 2020
It was a great time to be a debt collector. In August, Encore Capital, the largest debt buyer in the country, announced that it had doubled its previous record for earnings in a quarter. Finding themselves with enough money to settle old debts, people responded to collectors’ calls and letters.
Troutman Sanders
OCTOBER 19, 2021
State Activities: On October 26, the Maryland Office of the Commissioner of Financial Regulation will host a free online information session for Maryland consumer debt collection agencies. On October 26, the Nevada’s Financial Institutions Division is holding a workshop on regulations pertaining to medical debt collections and S.B.
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