Remove category text-messages
article thumbnail

Finding Shelter in the Storm: Using the Bona Fide Error Defense with the Final Debt Collection Rule

Consumer Financial Services Law

Enloe The FDCPA provides a bona fide error defense for debt collectors who can show by a preponderance of the evidence that their violation was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid any such error. Limited Content Messages.

article thumbnail

Tax Debt Collection and You

Burt and Associates

In the past, the Internal Revenue Service (IRS) has failed to turn their debts over to private debt collectors successfully. In 2017, the Fair Debt Collection Practices Act was passed, trying yet again. There have been many complaints from taxpayers about how those private companies go about collecting debts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can I Settle My Credit Card Debt Myself?

Titan Consulting

Carrying large amounts of unsecured debt is a sign of financial stress, even if you are making regular monthly minimum payments on all your accounts. Personal loans, credit card debt, payday loans, or medical bills all fall into the category of unsecured personal debt. How to Negotiate Your Debt?

article thumbnail

Top 5 Debt Collection Posts for 2020: Pandemic Perspectives

Fico Collections

They also offered perceptive tips for dealing with what they dubbed the “debt tsunami.”. Here were the five most popular posts in this category last year: #1. Debt Collection And Covid-19: What Past Crises Can Teach Us. Bruce Curry brought his experience to bear in a series of posts, beginning with this one.

article thumbnail

Avoiding Overshadowing Claims

FDCPA Defense

You might assume that a collector can comply with that section by simply copying the language from the statute into their initial notice to consumers. Although collectors are not required to quote from the text of section 1692g verbatim, that is probably a good first step. Not exactly. Law Office of Mandy L. Spaulding , 766 F.3d

Debtor 40