Remove Collection Companies Remove Debt collector Remove Law Firms
article thumbnail

FTC Sues Perpetrators of Phantom Collection Scheme

Account Recovery

Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. First, they allegedly misrepresented themselves as attorneys or members of a law firm. The claims: The complaint accuses the defendants of multiple illegal practices.

article thumbnail

Can The CFPB Make Debt Collectors Reveal Their Attorney-Client Privileged Documents?

FDCPA Defense

Does the Consumer Financial Protection Bureau (CFPB) have the power to tell debt collectors to turn over their attorney-client privileged communications? Thus, the Bureau effectively believes it can obtain the privileged documents of any debt collector in the country. The answer may depend on who you ask.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Concerns over prohibition against debt collection service

Collection Industry News

Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. In addition to debt collectors operating under Decree No. Debt collection service” is disguised after being banned.

article thumbnail

How To Remove Portfolio Recovery From Your Credit Report

Better Credit Blog

Portfolio Recovery will buy old debt for pennies on the dollar. By purchasing old debt, Portfolio Recovery becomes the debt collector, gambling that it can collect on the debt and make a profit. The Fair Debt Collection Practices Act outlines your rights as a consumer. Ads by Money.

article thumbnail

9th Cir. Reverses Trial Court Ruling in Favor of Defendant on FDCPA Claim Related to Bankruptcy

Collection Industry News

Court of Appeals for the Ninth Circuit recently reversed an award of summary judgment in favor of a defendant debt collector against claims that it violated the federal Fair Debt Collection Practices Act (FDCPA) by attempting to collect a debt that was discharged in bankruptcy and no longer owed.

article thumbnail

How To Remove Credence Resource Management From Your Credit Report

Better Credit Blog

There are a handful of excellent companies that dispute claims, seek debt validation, and get a collection removed from your account. Credit Saint is one of the top credit repair companies , one that can settle your issues with Credence quickly and efficiently. Do I Have to Pay Credence Resource Management?

article thumbnail

The Limits On Direct And Vicarious Liability Under The FDCPA

FDCPA Defense

Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. How can debt collectors avoid liability for the conduct of others? What are the limits of vicarious liability under the FDCPA?