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Collections Fair Debt Collection Trade 
Account Recovery
AUGUST 28, 2020
A District Court judge in South Carolina has lifted the seal on two complaints filed by the Federal Trade Commission against debt collection operations that are accused of violating the Fair Debt Collection Practices Act by allegedly convincing unsuspecting individuals that lawsuits have been, or will soon be, filed against them if they do not … (..)
Account Recovery
MARCH 4, 2025
Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. The claims: The complaint accuses the defendants of multiple illegal practices. First, they allegedly misrepresented themselves as attorneys or members of a law firm.
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Account Recovery
NOVEMBER 5, 2024
The Federal Trade Commission has filed a lawsuit and received a temporary restraining order freezing the assets and taking control over a Georgia-based debt collection agency, Global Circulation, Inc., after it was accused of using deceptive and abusive tactics to collect debts from consumers.
130 
Account Recovery
NOVEMBER 16, 2021
Judge Denies Plaintiff’s Motion to Remand FDCPA Case; Bank Settles Collection Call Lawsuit For $3.5M appeared first on AccountsRecovery.net.
240 
Account Recovery
FEBRUARY 5, 2025
The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s ruling for the plaintiffs in a Fair Debt Collection Practices Act case over convenience fees, ruling loan servicers are prohibited from charging anything not expressly authorized by the underlying agreement or permitted by law.
130 
Account Recovery
APRIL 19, 2022
The Federal Trade Commission provided $4.86 million in refunds to individuals who were victimized in debt collection scams last year, the regulator noted in a summary it sent to the Consumer Financial Protection Bureau regarding its enforcement of the Fair Debt Collection Practices Act.
Account Recovery
FEBRUARY 24, 2022
… The post Banking Groups File Brief in Appeals Court Case over FDCPA Convenience Fees appeared first on AccountsRecovery.net.
245 
Account Recovery
MARCH 23, 2021
Both the Federal Trade Commission and the Consumer Financial Protection Bureau fulfilled their Congressional mandate in recent days by summarizing how both agencies administered and enforced the Fair Debt Collection Practices Act.
Account Recovery
NOVEMBER 16, 2021
A plaintiff has lost his battle to keep his lawsuit against a debt collector in state court, ruling that the plaintiff’s “explicit” allegations of violations of both the Fair Debt Collection Practices Act and the Federal Trade Commission Act, as well as his demand for damages under both of those statutes require that the case … (..)
Account Recovery
FEBRUARY 21, 2025
The interplay and overlap between the Fair Credit Reporting Act and the Fair Debt Collection Practices Act can be very confusing when it comes to the word, “dispute.” The claims mentioned are accusations and should be considered as such until and unless proven otherwise. Learn more.
Account Recovery
AUGUST 28, 2020
FTC FILES SUITS AGAINST ALLEGED DEBT COLLECTION SCAMMERS A District Court judge in South Carolina has lifted the seal on two complaints filed by the Federal Trade Commission against debt collection operations that are accused of violating the Fair Debt Collection Practices Act by allegedly convincing unsuspecting individuals that lawsuits have been, (..)
Account Recovery
AUGUST 1, 2024
A District Court judge in Nevada has blocked the Federal Trade Commission’s attempt to use the Fair Debt Collection Practices Act to collect on a judgment against a defendant in an enforcement action, who was found liable by a judge back in 2013 for $1.5
130 
Consumer Finance
MARCH 21, 2021
The Consumer Financial Protection Bureau (CFPB) released today the 2020 annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA).
Better Credit Blog
AUGUST 31, 2020
Having debt in collections can be downright overwhelming, especially when debt collectors bombard you with dozens of phone calls. Debt collectors are notorious for harassing consumers when they seek repayment, calling excessively and threatening to take actions that may not be legal. What does the FDCPA Apply To?
Account Recovery
MARCH 30, 2021
On the day that the Centers for Disease Control and Prevention extended an eviction moratorium until June 30, the acting directors of the Consumer Financial Protection Bureau and the Federal Trade Commission issued a joint statement saying that they will use the Fair Debt Collection Practices Act to ensure that tenants are not subjected to … (..)
Account Recovery
JULY 5, 2023
President Joe Biden on Monday nominated two Republicans to serve on the Federal Trade Commission (FTC), one of the two regulators charged with enforcing the Fair Debt Collection Practices Act.
Burt and Associates
SEPTEMBER 23, 2024
The Fair Debt Collection Practices Act ( FDCPA ) is a cornerstone of consumer protection laws in the United States. It ensures that debt collectors adhere to specific ethical and legal standards when pursuing debts. The Act aims to curb these practices and protect consumers.
Burt and Associates
SEPTEMBER 23, 2024
The Fair Debt Collection Practices Act ( FDCPA ) is a cornerstone of consumer protection laws in the United States. It ensures that debt collectors adhere to specific ethical and legal standards when pursuing debts. The Act aims to curb these practices and protect consumers.
Nexa Collect
JUNE 21, 2023
Debt collection agencies are subject to various data security rules and regulations to protect consumer information. Fair Debt Collection Practices Act (FDCPA) : While primarily focused on the practices and behaviors of debt collectors, the FDCPA also contains provisions that protect consumers’ personal information.
Account Recovery
FEBRUARY 29, 2024
The Consumer Financial Protection Bureau and the Federal Trade Commission have filed an amicus brief in a Fair Debt Collection Practices Act case before the Court of Appeals for the Eleventh Circuit over the defendant charging convenience or “pay-to-pay” fees when consumers made payments by phone or online, arguing that the defendant is (..)
Burt and Associates
AUGUST 22, 2019
The Federal Trade Commission (FTC) is the nation’s consumer protection agency. For your information is available the 2019 Fair Debt Collection Practices Act. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace. FDCPA 2019.
True Accord
FEBRUARY 11, 2025
Keeping up with compliance in the debt collection industry can be a challengeespecially as artificial intelligence, machine learning, and other advanced technologies sweep through both the business and consumer sectors. TrueAccord is a licensed, bonded, and insured collection agency in all jurisdictions where we collect.
64 Collection Industry News
NOVEMBER 25, 2024
The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, harassing their family members, and other unlawful actions. The case will be decided by the court.
PDC Flow
FEBRUARY 27, 2025
The debt collection process can be tricky. Collection agencies must follow regulations strictlyor youll find your business in jeopardy. Compliance can be even harder when scammers actively try to disrupt your debt collection practices through call baiting. First, What is Call Baiting? Why Do People Call Bait?
52 
Collection Industry News
SEPTEMBER 2, 2024
The Fair Debt Collection Practices Act (FDCPA) serves as a foundational piece of legislation protecting consumers from abusive debt collection practices. For businesses looking to streamline their debt collection process, adhering to FDCPA guidelines is essential for long-term success.
Credit Corp
NOVEMBER 9, 2020
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? It does not come into play for creditors collecting their own debts.
True Accord
MARCH 4, 2025
Over the past several years, federal and state regulators have started raising red flags about a significant trend in the debt collection industry: companies failing to deliver positive experiences for consumers or properly manage complaints and disputes.
53 
Credit Corp
JUNE 1, 2023
Your credit score may improve if your collection debt is reported to a new credit scoring model—FICO 9®, FICO 10®, VantageScore 3.0® Most creditors still report to old scoring models, so it’s unlikely paying off the debt will improve your credit score. In This Piece: What Is Collections Debt? ® or VantageScore 4.0®.
126 
PDC Flow
SEPTEMBER 29, 2020
I went in-house as corporate counsel at a collection agency, where I oversaw legal, compliance, and training. I loved, loved, loved the synergy between compliance and training – it also gave me the opportunity to partner with the collection floor from a different perspective than just “compliance” and it was a lot of fun.
98 
True Accord
MARCH 19, 2025
Debt collection is a complex, evolving industry, and compliance with the myriad of federal, state, and local laws is an ongoing challenge for organizations in the field. Its not just about staying current within the debt collection industry; looking to related industries can also provide a competitive advantage.
Troutman Sanders
MAY 2, 2023
Please join Troutman Pepper Partner Chris Willis and his colleagues Lori Sommerfield, Addison Morgan, and Josh McBeain for the first installment of a special three-part series about the Consumer Financial Protection Bureau’s (CFPB) new small business lending data collection and reporting final rule — the Section 1071 rule.
Credit Corp
AUGUST 31, 2021
Can a debt collector collect after 10 years, for example? Can a debt collector collect after 10 years? How long can a debt collector pursue an old debt? How long can a debt collector pursue an old debt? Can a Debt Collector Collect After 10 Years? In This Piece.
Credit Corp
AUGUST 24, 2020
When you’re trying to conquer unpaid debts sent to collections, you’ll likely face some obstacles. Two of the most common are coming up with enough money to pay off the debt and negotiating a payment plan or settlement you can afford. Find out how to pay collections below. Know Your Rights.
69 
Jimerson Firm
DECEMBER 14, 2021
Two important statutes for all businesses to be aware of are the Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA). Fair Debt Collection Practices Act. A person attempting to collect his or her “own” debt, is not a debt collector under the FDCPA.
105 
Better Credit Blog
APRIL 4, 2022
Regardless of what a debt collector might tell you, you have a lot of rights when it comes to how debt can be collected. In fact, merely mentioning that you understand your rights will, many times, stop debt collectors in their tracks. Your rights come from the Fair Debt Collection Practices Act (FDCPA).
116 
Troutman Sanders
MARCH 12, 2025
On February 27, the Federal Trade Commission (FTC) successfully obtained a temporary restraining order against Blackrock Services, Inc. The court order aims to halt the defendants’ alleged deceptive and abusive debt collection practices. and its associated entities and individuals.
52 
Credit Management Company
JULY 14, 2021
Everyone in the debt collection industry is familiar with the Fair Debt Collections Practices Act (FDCPA). Reputable collections agencies willingly follow these rules and treat patients with compassion and respect. Preferred Collection and Management Services, Inc. Background on This Case.
52 
Collection Industry News
MAY 18, 2021
The House Thursday passed legislation making a series of reforms to debt collection requirements. While NAFCU supports efforts to stop abusive debt collection practices, the association had raised concerns about language contained in the bill that would expand the definition of a “debt collector” and increase risks to lenders.
40 
Troutman Sanders
DECEMBER 7, 2020
Midwest Recovery Systems (“Midwest Recovery”), a debt collection company, must cease its alleged debt-parking practices, delete all reported debts, and surrender its remaining assets in partial payment of a $24.3 million monetary judgment, under a stipulated order filed by the Federal Trade Commission (“FTC”) last week.
64 
Better Credit Blog
APRIL 1, 2022
If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. Credit Collection Services, known as CCS for short, is one of the largest debt collection agencies in the United States, based in Massachusetts.
52 
True Accord
MAY 26, 2022
On May 23, 2022, the Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed judgment against a debt collection enterprise with a history of deception and harassment to pay $4 million and be permanently banned from the debt collection industry.
52 National Service Bureau
AUGUST 19, 2015
Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. Or no legitimate debt buyer?
40 
Better Credit Blog
APRIL 1, 2022
If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. In other words, they are an aggressive company, and having them stalking you for a collection is never nice. Have a Professional Remove the Collection.
Better Credit Blog
APRIL 3, 2022
Portfolio Recovery Associates, LLC, is a collection agency that buys old debts from lenders and companies that have been unable to collect the debt themselves. Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts. This is called a charge-off.
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