debt-collection-2 facing-liquidation 
UK debt collections
NOVEMBER 15, 2023
The UK business insolvencies consisted of 256 compulsory liquidations , 1,889 creditors’ voluntary liquidations (CVLs), 146 administrations, 23 company voluntary arrangements (CVAs) and one receivership appointment. Numbers of compulsory liquidations, CVLs, CVAs and administrations were all higher than in October 2022.
UK debt collections
JUNE 21, 2022
The 24th edition of the European Payment Report (EPR) clearly illustrates the multi-faceted challenges that businesses across Europe are facing. Today, companies face unprecedented disruption and uncertainty, adding to the pressure on businesses that still seek to recover from the Covid years. International Debt Collection.
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True Accord
JULY 13, 2023
Student loan holders hoping for financial relief were disappointed in a Supreme Court decision that rejected President Biden’s plan to cancel more than $400 billion in student loan debt for millions of borrowers. Inflation continued to ease month over month in May, landing at 4% , which is still double the Federal Reserve’s target of 2%.
Troutman Sanders
AUGUST 7, 2023
dba DEBT Box. The SEC accuses DEBT Box’s principals, brothers Jason Anderson and Jacob Anderson, of defrauding investors of at least $49 million. On August 2, the U.S. Rather than serving as investments, the projects saw high fees, liquidity issues, and exploitable bugs after launch, causing the value of the projects to plummet.
Troutman Sanders
DECEMBER 5, 2022
On November 30, the Federal Trade Commission (FTC) announced that it has temporarily shut down a credit card debt relief program and its affiliated companies that allegedly took millions from consumers by falsely promising to eliminate or substantially reduce their credit card debt. For more information, click here.
Troutman Sanders
DECEMBER 20, 2022
Federal Activities: On December 16, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) filed an amicus brief in the Eleventh Circuit in support of a plaintiff-appellant who filed a Section 1681s-2(b) claim against a furnisher for failing to conduct a reasonable investigation under the Fair Credit Reporting Act.
Troutman Sanders
JUNE 14, 2023
On June 8, the CFPB acted against a medical debt collector for numerous debt collection and credit reporting violations. In at least thousands of cases, the debt collector continued to attempt to collect on a debt that was not substantiated after a consumer disputed the validity of the debt.
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