Collection Industry News
APRIL 22, 2023
WASHINGTON — A settlement that will allow thousands of student loan debts to be canceled will go into effect after the Supreme Court on Thursday declined to block it. The Supreme Court in a brief order rejected a request made by colleges challenging the settlement. and American National University.
Troutman Sanders
FEBRUARY 21, 2024
On February 15, the CFPB published a blog recounting its action against a student loan debt relief business and a debt-settlement company. The CFPB alleged that the defendants charged thousands of consumers with federal student loans approximately $9.2 For more information, click here.
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Debt Free Colorado
APRIL 9, 2020
Either way, you should speak with an experienced debt relief attorney about strategies for dealing with unsecured creditors. Experian Credit Card and Debt Relief List. Student Loans. You should call your student loan servicers about forbearance, which will temporarily stop or reduce your payments.
Titan Consulting
AUGUST 23, 2020
When government assistance is not providing enough income to cover job losses, should you file for bankruptcy or hold out for the economic recovery? Bankruptcy does not generally discharge debts associated with child support, alimony, tax obligations, or student loan debt. The Bankruptcy Option.
Troutman Sanders
APRIL 19, 2021
On April 13, Minnesota Attorney General Keith Ellison announced that his office has obtained a settlement that requires a California student loan debt relief company that illegally collected fees from customers and misrepresented its services to consumers to cease operating in Minnesota and to provide full refunds to its Minnesota consumers.
Collection Industry News
DECEMBER 1, 2022
“A collection agency is a company that is hired by lenders, creditors, medical providers and federal and local governments to get you to pay or make arrangements to pay what you owe them,” Eweka tells Select. Rent, student loans and tax debts are other examples of what can get passed on to a collections agency.
Better Credit Blog
JANUARY 20, 2022
It’s also a platinum member of the International Association of Professional Debt Arbitrators. In 2010, the company helped to establish Federal Trade Commission rules to ban abusive debt settlement practices and protect consumers. Cons Using a debt relief company can negatively impact your credit rating.
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