Fair Debt Collection Legal Collections Trade 
Collection Industry News
NOVEMBER 25, 2024
The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, harassing their family members, and other unlawful actions. million in bogus debts to the company.
True Accord
MAY 26, 2022
This follows the September 2020 Federal Trade Commission (FTC) initiative “ Operation Corrupt Collector ” to protect consumers. Contacting to Collect Via Social Media. As of November 30, 2021, debt collectors can now contact consumers on social media.
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Collection Industry News
DECEMBER 4, 2022
Almost 2,000 consumers who were conned into paying debts they didn’t owe are in the process of getting their money returned to them. If you’re contacted by a credit collection agency, regardless of whether or not it sounds legitimate, you should request a debt validation letter, McClary said. Keep good records of past debts.
Collection Industry News
OCTOBER 12, 2020
1:20-cv-01217 (W.D.N.Y ), the CFPB and New York Attorney General’s allege that, from at least 2015, the defendant debt collectors used deception, harassment, and other improper methods to induce consumers into making payments to them in violation of the Fair Debt Collection Practices Act (FDCPA) and the Consumer Financial Protection Act (CFPA).
Burt and Associates
OCTOBER 31, 2024
For debt collection agencies, this means more business—and potentially more consumer complaints. With over 6,000 third-party collection agencies operating in the U.S., millions of Americans have collection trade lines on their credit reports.
Burt and Associates
OCTOBER 31, 2024
For debt collection agencies, this means more business—and potentially more consumer complaints. With over 6,000 third-party collection agencies operating in the U.S., millions of Americans have collection trade lines on their credit reports.
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