article thumbnail

Senators Open Inquiry into Chase’s Alleged Resumption of Robo-Signing Credit Card Collection Affidavits

Account Recovery

A group of six Democrats on the Senate Banking Committee, including Chairman Sen. Sherrod Brown [D-Ohio] and Sen. Elizabeth Warren [D-Mass.] Elizabeth Warren [D-Mass.]

article thumbnail

Daily Digest – February 8. Senators Open Inquiry into Robo-Signing; Creditor Wins FCRA Case

Account Recovery

SENATORS OPEN INQUIRY INTO CHASE’S ALLEGED RESUMPTION OF ROBO-SIGNING COLLECTION AFFIDAVITS A group of six Democrats on the Senate Banking Committee, including Chairman Sen. Sherrod Brown [D-Ohio] and Sen. Elizabeth Warren [D-Mass.]

Creditors 245
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Credit Card Debt Collection Works

Taurus Collect

If the court rules in favour of the creditor, wage garnishment or bank account levies may be put in place to collect the debt. However, it is important to note that there are laws and regulations that govern the debt collection process to protect both parties involved.

article thumbnail

What If I Don’t Pay My Credit Card Bill?

Credit Corp

Credit cards offer several advantages over debit cards. For example, when you use a debit card, you can only spend as much money as you have in your bank account. With a credit card, you gain access to a line of credit, increasing your purchasing power.