Better Credit Blog

FEBRUARY 4, 2021

Are you concerned about a collections entry from Delivery Financial Services? While falling behind on a payment or two might not seem like a big deal, collections-stage debt can do substantial damage to your credit. About Delivery Financial Services. How Delivery Financial Services Works.

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Collection Industry News

DECEMBER 19, 2023

The Consumer Financial Protection Bureau (CFPB) today took action against a medical debt collector, Commonwealth Financial Systems, for illegally trying to collect unverified medical debts after consumers disputed the validity of the debts. Department of Health and Human Services and the U.S.

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Collection Industry News

NOVEMBER 6, 2020

On Friday, the bureau issued its final rule to restate and clarify prohibitions on harassment and abuse, false or misleading representations, and unfair practices by debt collectors when collecting consumer debt. The entire new rule can be downloaded on this website.

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FDCPA Defense

SEPTEMBER 26, 2017

Can a bank be sued for acting as a “debt collector” under the California Rosenthal Act? You are probably tempted to answer “yes” it can, because you know the Act defines a “debt collector” to include an entity that is collecting on behalf of itself or on behalf of third parties. Code § 1788.2(c)

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Better Credit Blog

FEBRUARY 19, 2021

Headquartered in Minneapolis, Minnesota, the agency has a slightly different focus than other debt collectors. DCM Services LLC primarily helps businesses collect on the delinquent accounts of the deceased by targeting their estates. They collect on debts in numerous industries, such as: Auto. Healthcare.

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Better Credit Blog

FEBRUARY 19, 2021

FMA Alliance is a third-party debt collector that works with companies to recover delinquent accounts from customers. Before a debt collector can contact you for payment, they must first report the debt to the major credit bureaus. The majority of their clientele are within: financial services.

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Troutman Sanders

DECEMBER 27, 2021

State Activities: On January 1, 2022, California’s medical debt law will take effect, which means agencies licensed in the state will have limits on collection actions and their health care clients will be required to have a written policy on how they send accounts to third-party debt collectors.

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