Troutman Sanders
FEBRUARY 1, 2022
District Court for the Southern District of California, granting summary judgment in favor of a debt collector in a Fair Debt Collections Practices Act (FDCPA) case. The plaintiff, Jeffrey Almada, allegedly owed money to a homeowner’s association, which retained the defendant, the Krieger Law Firm, A.P.C. Krieger , No.
Troutman Sanders
JANUARY 12, 2023
On January 11, the Consumer Financial Protection Bureau (CFPB) announced it reached a settlement with law firm Forster & Garbus, LLP in its lawsuit over alleged illegal debt collection practices. In doing so, the CFPB alleged (similar to its previous actions involving the law firms Frederick J.
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Troutman Sanders
OCTOBER 17, 2023
In 2010, the defendant purchased the account and placed it with a law firm for collection. After receiving letters from the law firm, the plaintiff set up a payment plan, which she completed in 2013. The plaintiff later defaulted on her payment obligations and the account was “charged off.”
Better Credit Blog
APRIL 3, 2022
In other words, when the original creditor has been unsuccessful in collecting on a debt, it will write off the debt as a loss. There’s a chance some details about your account got lost in the transfer from the original creditor. I suggest you check out Lexington Law. How Portfolio Recovery Associates Works.
The McHughes Law Firm
JULY 12, 2016
It’s important to remember that the unpaid debt has passed through the original creditor to a debt collection attorney. If you lose the lawsuit, or a default judgment is granted, your paychecks may be garnished and bank accounts seized.
FDCPA Defense
JANUARY 28, 2012
Debt buyers are being sued based on the conduct of their agencies and law firms. Even original creditors, who are not subject to the FDCPA, are being drawn into FDCPA litigation under various theories of recovery. For this reason, original creditors are not subject to the FDCPA (except in very limited circumstances).
FDCPA Defense
MARCH 2, 2014
One method for identifying areas of potential concern, however, is to analyze the recent enforcement actions by the CFPB and other regulators filed against debt buyers and original creditors. Enforcement actions filed against original creditors can also provide guidance to debt buyers and other collectors about areas of CFPB concern.
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