American Profit Recovery

APRIL 9, 2021

The debt collection industry is a necessary component of the US economy. Part of our economic machine here in this country is proper access to credit for consumers. The extension of credit to customers helps a business grow but it can also cause challenges when that credit obligation is not met.

Consumer Credit 157

Consumer Credit Collections Debt collector Collection Agencies 157

FFGN COLLECT NY

MAY 17, 2023

Legislative changes affecting consumer collections for consumer credit transactions recovery went into effect in 2022 largely as a result of the Consumer Credit Fairness Act (CCFA). As a result, the law specifies documents required to file a consumer debt collection case in New York.

Consumer Credit 52

Consumer Credit Collections Original Creditor Creditors 52

Troutman Sanders

OCTOBER 10, 2023

The Connecticut Banking Commissioner (Commissioner), acting through the Consumer Credit Division of the Department of Banking (the Division), conducted an investigation into the Law Offices of David M. The firm allegedly collected about $81,000 of that amount. The firm had 14 days to request a hearing, but failed to do so.

Banks 52

Banks Collections Collection Agencies Collections Agency 52

FFGN COLLECT NY

MAY 17, 2023

Legislative changes affecting consumer collections for tuition recovery went into effect in 2022 largely as a result of the Consumer Credit Fairness Act (CCFA). As a result, the law specifies documents required to file a consumer debt collection case in New York. Instead, you can list them as zero balance.

Collections 52

Collections Original Creditor Creditors Consumer Credit 52