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Class-Action Complaint Accuses Collector of Violating FDCPA By Not Explicitly Detailing to Where Disputes Should be Sent

Account Recovery

A class-action lawsuit has been filed against a collection agency for allegedly violating the Fair Debt Collection Practices Act by having multiple addresses on a collection letter it sent and not explicitly communicating to which address disputes or requests for original creditor information should be sent.

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What Happens if you Ignore a Debt Collection Agency

Nexa Collect

If you ignore a debt collection agency, several potential consequences could affect your financial well-being and peace of mind: Persistent Contact : Debt collection agencies might persist in attempting to contact you through phone calls, letters, and possibly emails. This can be stressful and disruptive.

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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? Attempts to Collect a Debt Not Owed.

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FCRA Claim for “Misleading” Double-Reporting of Debt by Original Creditor and Collection Agency Survives Motion to Dismiss

Troutman Sanders

The credit union then assigned the debt to a third-party collection agency. Following the assignment, the collection agency opened its own tradeline for the debt, while the credit union also continued to report the debt.

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Dealing with Debt Collectors

Debt Free Colorado

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. To learn more about pursuing your legal rights, contact your state’s local consumer agency. or after 9 p.m.

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Common Myths About Using a Collection Agency

Credit Management Company

The average American has over $90,000 of debt , and many struggle to manage this number. Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts.

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Compliance Digest – December 2

Account Recovery

WHAT THIS MEANS, FROM JESSICA KLANDER OF BASSFORD REMELE: The court found that the debt collector’s actions did not violate the FDCPA because an agency is not legally required to respond to a dispute so long as it has ceased collections. Agencies often forget this is an option.