FFGN COLLECT NY
JUNE 14, 2023
First, if either the collection agency or collection law firm engage in collecting debt from consumers for personal, household, or medical debts, they are subject to the Fair Debt Collection Practices Act (FDCPA).
Public Citizen
OCTOBER 24, 2020
In addition, the Symposium welcomes discussion over the recent decision by the Uniform Law Commission to address debt collection efforts by third-party debt collectors or buyers based on default judgments. Selected papers are due after the Symposium on June 4, 2021.
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Taurus Collect
AUGUST 15, 2023
Discuss How an Experienced Debt Collector Can Increase a Business’s Chances of Recovering Unpaid Debts Having an experienced debt collector on your team can drastically increase your chances of recovering unpaid debts. Experienced collectors are well-versed with these laws, ensuring compliance at all times.
Collection Industry News
DECEMBER 19, 2023
Commonwealth is a third-party debt collector that specializes in the collection of past-due medical debts and furnishes information about consumer collection accounts to consumer reporting companies.
Better Credit Blog
OCTOBER 5, 2020
If that’s the case, debt validation should clear things up quickly. Even more good news: this approach can work even if the debt is legit. Since Penn is a third-party debt collector, it may not have the info on file that it needs to validate your debt. Government. How Does Penn Credit Work?
Collection Industry News
MARCH 18, 2023
The NCLC presented several issues for consideration in the FCRA rulemaking process, including that the Bureau should (i) “establish strict requirements to regulate the furnishing of information regarding a debt in collections by third-party debt collectors and debt buyers”; (ii) “require translation of consumer reports by the [CRAs] into the eight (..)
Better Credit Blog
AUGUST 31, 2020
Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. What you may not know is that you are protected by the Fair Debt Collection Practices Act (FDCPA), a law designed to keep third-party debt collectors in check when they contact you.
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