Account Recovery

FEBRUARY 24, 2025

Appeals Court Reverses Arbitration Ruling for Defendant in Collection Case A New Jersey Appeals Court has overturned a lower courts ruling in favor of a defendant that had granted arbitration in a collection lawsuit more than a year after the complaint had been filed and litigated. Stay tuned! More details here.

Debt Buying 130

Debt Buying Debt collector Credit Unions Credit Unions 130

Nexa Collect

JUNE 18, 2023

A medical collection agency will send written demands and make persistent phone calls to your patients. Since debt collectors are on the phone all day long, they know every tactic to get paid. Since debt collectors are on the phone all day long, they know every tactic to get paid. Need a Medical Collection Agency?

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Collection Agencies Collections Agency Collections Healthcare 130

FFGN COLLECT NY

DECEMBER 12, 2023

Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. Consumers must be aware that the debt they are being collected for is valid.

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Debtor Debt collector Debt Buying Original Creditor 52

FDCPA Defense

FEBRUARY 5, 2013

The FTC recently released its 162-page report entitled " The Structure and Practices of the Debt Buying Industry " which describes a comprehensive study conducted by the FTC over a three-year period using data obtained from the nation’s largest debt buyers. See Report at 2.

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Collections Creditors Debt Buying Debt collector 40

Collection Industry News

OCTOBER 6, 2020

There was no ban on collections of old credit card bills, Encore’s specialty. Finding themselves with enough money to settle old debts, people responded to collectors’ calls and letters. Debt-buying executives couldn’t help marveling at their good fortune. (In Even that scenario turns out to be rosy for the debt buyers.

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Debt collector Garnishment Banks Foreclosure 40

Account Recovery

FEBRUARY 14, 2025

A California Appeals Court has reversed a lower court’s ruling in favor of a debt buyer, determining that consumers do not need to show actual damages to pursue statutory damages under the Fair Debt Buying Practices Act (FDBPA).

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Judgment Debt Buying Original Creditor Creditors 130