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Supreme Court Denies Petition from Collection Law Firm Challenging CFPB’s Funding Mechanism

Account Recovery

The Supreme Court yesterday denied a petition from a defunct collection law firm fighting a Civil Investigative Demand from the Consumer Financial Protection Bureau, deciding that one challenge to the Bureau’s funding structure was enough for now.

Law Firms 130
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Appeals Court Reverses Ruling in Favor of Collection Law Firm

Account Recovery

The Court of Appeals for the Sixth Circuit has overturned a lower court’s ruling in favor of a collection law firm that was sued for attempting to collect a debt from the spouse of the actual debtor, ruling that the law firm did not exhaust all of its efforts to collect from the actual debtor … The post Appeals Court Reverses Ruling in (..)

Law Firms 244
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Collection Law Firm Fined $100k, Ordered to Stop Collecting in CT Without License

Account Recovery

The Connecticut Department of Banking has fined a collection law firm $100,000 — the maximum amount allowed by law — and ordered it to cease and desist from collecting in the state without a valid license. A copy of the enforcement order against the Law Offices of David M.

Law Firms 240
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State Appeals Court Partially Overturns Ruling Against Collection Law Firm

Account Recovery

A state Appeals Court in Washington has partially affirmed — and partially overturned — a lower court’s dismissal of a case against a creditor and collection law firm, ruling that the plaintiff pleaded sufficient facts to survive a motion to dismiss that the firm violated state law by not disclosing required information when filing (..)

Law Firms 245
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Collection Law Firm Ordered to Pay Full Restitution After No Contest Plea

Account Recovery

The post Collection Law Firm Ordered to Pay Full Restitution After No Contest Plea appeared first on AccountsRecovery.net.

Law Firms 233
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Law Firm Manager stole £176k from Clients Account

UK debt collections

A former Law Firm manager who transferred thousands of pounds from client accounts has said she was trying to stop the business from failing. These transfers were used to pay for office expenses, including staff wages and the repayment of the firm’s business loans. It remains under investigation by the SRA.

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Daily Digest – July 16. Bank, Collection Law Firm Facing FDCPA Class Action Over Reviving Dormant Judgments; More Americans Living Paycheck to Paycheck: Survey

Account Recovery

Bank, Collection Law Firm Facing FDCPA Class Action Over Reviving Dormant Judgments Judge Denies MSJ For Defendant in FCRA, FDCPA Case Over Disputed Debt More Americans Living Paycheck to Paycheck: Survey A Summary of Comments on Medical Debt Credit Reporting Proposal WORTH NOTING: The best Prime Day deals available so far … The best video […] (..)

Law Firms 130