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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. Additionally, the complaint highlights that the defendants impersonated existing businesses, violating the FTCs Rule on Impersonating Government and Businesses. Learn more.

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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. Government. Did you know that.

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What Debt Collectors Can and Cannot Do in Indiana

Sawin & Shea

Businesses or individuals who collect debts on behalf of others are known as debt collectors. The majority of debt collectors work for reputable collection companies. Doctors, hospitals, shops, mail-order businesses, and occasionally banks and loan firms all use collection agencies. False Statements. Unfairness.

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

Harassing calls from a debt collection company tends to trigger a range of unpleasant emotions, from anxiety, fear, anger, frustration, and beyond. They cannot send letters with the appearance of an official government or court letter. Knowing Your FDCPA Rights. Calling can only happen between the hours of 8 a.m.

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Why Buffalo is a hub for illegal debt collectors

Collection Industry News

The National Consumer Law Center calls Buffalo “an epicenter” of fraudulent debt collection activity. There are 156 debt collection companies – some of them legitimate, some not – in those two counties, employing more than 3,400 people, according to the state Labor Department. million against debt collectors in Western New York.

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A giant US hospital chain says it’s leading the fight against medical debt. Not all patients agree

Collection Industry News

Atrium Health the unit of Advocate Health that operates in the four southern states is run by a local government authority in Charlotte, North Carolina. Until March 2024, Advocate Health used South Carolinas department of revenue to garnish state income tax refunds from patients.