Credit Corp
NOVEMBER 8, 2020
The gift card market is worth more than $130 billion annually. Is that any surprise? You’ve probably bought at least one gift card in the past year for a friend or family member. It’s an easy way to show someone appreciation and to make sure they can get whatever they want. But what if we told you both you and the gift-giver can benefit from gift cards?
Troutman Sanders
NOVEMBER 8, 2020
Two collection agencies agreed to new disclosure requirements when attempting to collect on time-barred debts, in a settlement agreement preliminarily approved by a United States district court judge in Texas last month. The settlement, arising out of a Fair Debt Collection Practices Act (“FDCPA”) class action involving efforts to collect unpaid medical debts, shows concerns about exposure under general FDCPA anti-deception principles for collecting time-barred debt without disclosures.
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