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New York District Court Approves Class Action in FDCPA Case Alleging Improper Debt Assignment Notification

Troutman Sanders

District Court for the Western District of New York granted the plaintiff’s motion for class certification for alleged violations of the Fair Debt Collections Practices Act (FDCPA) relating to an allegedly improper debt assignment notification. The default judgment was later assigned to Palisades Acquisition. In McCrobie v.

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What Is First-Party Fraud?

Fico Collections

Or they may unintentionally sell it to criminal gangs, which then rack up thousands of pounds of fraudulent credit card debt. While a debt collection agency can use pan-European tracing to locate debtors, there is no pan-EU pact to enforce payment –– and certainly nothing in Africa and the Middle East.

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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

Fico Collections

Positive Signs for Debt Resolution. Many consumers have been paying down debts; outstanding credit card debt decreased 3.7% Data capture at customer acquisition should not be limited to data that is required to complete the originations process. in the year to Oct 2021 (The Money Charity, Dec 2021).