Collection Industry News

JUNE 14, 2021

Ciffa’s offices in Niagara Falls and Kenmore, debt collectors intimidated their victims with illegal threats of arrests and lawsuits. According to federal prosecutors, an elderly cancer patient in Texas was so rattled by the threats that she borrowed $500 from her sister to help pay off a debt of $1,285. Source: site.

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Credit Corp

NOVEMBER 9, 2020

The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. It applies to only external or third-party debt collectors and only for personal debts. It does not come into play for creditors collecting their own debts. Communication Tactics.

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Burr Forman

SEPTEMBER 3, 2021

Specifically, Plaintiff alleged Defendant violated § 1692g(a) for failure to provide notice of her statutory rights within five (5) days of the initial contact, and § § 1692d(6) and 1692e(11) for failure to identify itself as a debt collector or that it was attempting to collect a debt during the calls. See Wadsworth v.

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Consumer Financial Services Law

FEBRUARY 18, 2019

2013), which joined the Fourth and Fifth Circuits in holding that non-judicial foreclosures are “debt collection” under the FDCPA, the Sixth Circuit held on January 11 that a law firm has an affirmative duty to “stop the clock” on an initiated foreclosure once it receives a §1692g(b) dispute from the debtor. Chase Home Finance LLC.,

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Troutman Sanders

JANUARY 19, 2023

May a debt collector incur liability under the Fair Debt Collection Practices Act (FDCPA) by seeking to collect a debt under a state court judgment later determined to be void? Not according to the Third Circuit Court of Appeals in a nine-page opinion issued on January 11, 2023 in the case of Barbara Lowe v.

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Katabat

NOVEMBER 5, 2021

This means that our industry can do a lot of good by working with consumers to help reduce their debt, and by offering robust omnichannel communications to allow consumers to communicate with debt collectors using their preferred method of communication (as some find it intimidating to talk over the phone about debt issues.)

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Katabat

NOVEMBER 5, 2021

This means that our industry can do a lot of good by working with consumers to help reduce their debt, and by offering robust omnichannel communications to allow consumers to communicate with debt collectors using their preferred method of communication (as some find it intimidating to talk over the phone about debt issues.)

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