Troutman Sanders

JANUARY 11, 2021

On December 15, 2020, the Seventh Circuit Court of Appeals decided four cases which all dealt with the issue of standing within the context of the Fair Debt Collection Practices Act (“FDCPA”). State Collection Service Inc. The Spuhlers alleged in their complaint that State Collection Service, Inc. (“SCS”) In Bazile v.

Accrued Interest 52

Accrued Interest Judgment Fair Debt Collection Law Firms 52

Consumer Financial Services Law

JANUARY 3, 2018

By Zachary Dunn The FDCPA prohibits a debt collector from using “any false, deceptive, or misleading representation” in connection with the collection of a debt. and Bank of America responded by placing Islam’s account with American Recovery Service (“ARS”) for collection. See 15 U.S.C. In Islam v.

Accrued Interest 40

Accrued Interest Debt collector Banks Creditors 40

Troutman Sanders

SEPTEMBER 6, 2023

Columbia Debt Recovery, LLC , the plaintiff, a tenant under a residential lease agreement, vacated the premises early due to concerns over the property’s condition. In response, the property management company engaged a collection agency to recover the remaining amounts claimed as due and owing under the lease.

Accrued Interest 52

Accrued Interest Collection Agencies Collections Agency Fair Debt Collection 52

Consumer Financial Services Law

FEBRUARY 13, 2017

Specifically, the plaintiff alleged that defendants had failed to disclose the amount they sought to collect included accruing interest. In reviewing the substance of the complaint, the court agreed with the debt collector that Ms. Instead, Ms. May alleged only a statutory violation.

Accrued Interest 40

Accrued Interest Debt collector Collections 40

True Accord

JULY 13, 2023

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations and preferences when attempting to collect and employing digital strategies to boost engagement are more important than ever. There were also a couple of notable court decisions impacting debt collectors last quarter.

Financial Institution 78

Financial Institution Student loans Student Loans Loans 78

FDCPA Defense

AUGUST 22, 2016

There, the collection law firm defendant communicated with plaintiff on a number of occasions, and each time the firm identified itself as a “debt collector,” as required by section 1692e(11) of the FDCPA. Thank You,” without specifically reciting he was a “debt collector.” Hollins Law Firm , _F.3d

Debtor 40

Debtor Debt collector Law Firms Accrued Interest 40

Better Credit Blog

APRIL 11, 2022

If you have a low credit score, it’s harder to borrow, and you could pay higher interest rates to counter the financial risk you pose to creditors and lenders. You may be sent to collections. If you’re past due on your card and loan payments and your grace period has ended, it may go to collections. Debt consolidation loans.

Debt Consolidation 74

Debt Consolidation Debt settlement Credit Card Debt Bankruptcy 74

FDCPA Defense

FEBRUARY 1, 2018

Attorneys and other entities that regularly engage in collection work for community associations may be subject to the requirements of the Fair Debt Collection Practices Act, 15 U.S.C. as well as analogous state laws governing the consumer collection process. The issue in Ho v.

Accrued Interest 40

Accrued Interest Foreclosure Debtor Debt collector 40