Taurus Collect

NOVEMBER 15, 2023

Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?”

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Taurus Collect

OCTOBER 30, 2023

Understanding the art of debt collection can be a challenging task for any business, especially when the debtor refuses to pay despite many reminders. In such situations, engaging a collections agency becomes inevitable. Access to Documentation: Ensure that your chosen collections agency has full access to these documents.

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Direct Recovery

JUNE 24, 2020

With an unprecedented number of Americans filing for unemployment, debt collection has been harder than ever for collectors who are attempting to work from home, and business isn’t going to get any better on account of those $1,200 stimulus checks, especially here in California. The Judgment Factor. Money Collected Must Be Returned.

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Garnishment Debt collector Debtor Judgment 52

The McHughes Law Firm

JUNE 22, 2016

In today’s volatile marketplace, the existence of a personal guarantee may provide the only viable basis for collecting outstanding receivables from a corporate obligor experiencing financial difficulty. A provision for the recovery of collection expenses and attorney’s fees should be inserted.

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The Kaplan Group

APRIL 12, 2021

All too often, commercial debt collection becomes a negotiation. This could be more money, faster payments, avoiding court, or if necessary, the final outcome in court and the subsequent judgment collection process. One of the most common issues we see is no provision for the imposition of collection fees on the customer.

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Collection Agencies Collections Agency Judgment Debtor 52

Collection Industry News

DECEMBER 21, 2020

Last week, the CFPB issued a Consent Order against a New Jersey based debt-collection agency (Agency) over allegations that the Agency regularly violated the FDCPA and the CFPA in the course of their collection activity. Further, the Agency is subject to a civil money penalty of $204,000 to be paid to the Bureau.

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Troutman Sanders

JUNE 30, 2021

Columbia Debt Recovery , a Washington district court awarded each plaintiff $30,000 in emotional distress damages under the Fair Debt Collection Practices Act (FDCPA), $120 in treble actual damages under the Washington Collection Agency Act (WCAA) and the Washington Consumer Protection Act (WCPA), and $2,000 in statutory damages under the FDCPA.

Fair Debt Collection 52

Fair Debt Collection Garnishment Legal Rights Debt Recovery 52

FFGN COLLECT NY

APRIL 6, 2021

While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. The notice was sent by regular mail to our client and eight days later, the creditor submitted a judgment to the court for entry. Let us help.

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Troutman Sanders

OCTOBER 17, 2023

In 2010, the defendant purchased the account and placed it with a law firm for collection. The trial court granted summary judgment to the defendant on all claims finding that because the defendant was not a consumer lender it was not required to obtain the license at issue.

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Law Firms Legal Rights Original Creditor Collection Agencies 52

Credit Corp

JULY 1, 2024

If you don’t pay your credit card, it can lead to late fees, increased interest rates, being sent to collections, and damage to your credit. It could also result in legal action being taken against you. Collections A charge-off doesn’t make your debt magically disappear.

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Creditors Collection Agencies Collections Agency Credit Card Collections 52

Sawin & Shea

SEPTEMBER 27, 2023

If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. Debt Collection Laws: What Can Debt Collectors Do? Debt collectors have a legal right to pursue the collection of personal debt within the bounds of the law.

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Chapter 7 bankruptcy Bankruptcy Debt collector Debtor 52

FFGN COLLECT NY

AUGUST 16, 2020

Because the borrower missed a payment, you are now indebted and liable to the bank for the loan amount plus interest as well as late charges, additional default interest at a pre-determined amount, and often bank attorneys’ fees or costs of collection. Being Pursued as the Guarantor.

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Collection Industry News

JULY 27, 2021

Court of Appeals for the Seventh Circuit recently affirmed judgments entered in separate cases consolidated on appeal in favor of several credit reporting agencies rejecting consumers’ claims of violations of the federal Fair Credit Reporting Act (FCRA). but primarily legal issues outside their competency. Source: site. 1681, et seq.,

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Better Credit Blog

NOVEMBER 23, 2020

In either case, you’re within your legal rights to seek validation for any inquiries on your report. Collections-stage debt. Dispute the Inquiry with ACRAnet and the Bureaus. Sometimes, reporting mix-ups can lead to credit inquiries. In other instances, identity fraud is to blame. Charge offs. Foreclosure.

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Loans Lender Legal Rights Foreclosure 52

Fraser

SEPTEMBER 3, 2020

Under this Order a residential landlord or other entity with a legal right to evict is prevented from evicting “any covered person from any residential property in any jurisdiction to which this Order applies.” This “other person with a legal right to pursue. The underlying statute, 42 U.S.C. §

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Credit Corp

AUGUST 8, 2024

Be sure to also familiarize yourself with the Fair Debt Collection Practices Act so you’re aware of your rights. Factors Affecting a Debt Collector’s Decision to Sue What to Do if You’re Sued How Debt Collection Affects Your Credit Strategies to Avoid Debt Collections When Can a Debt Collector Sue You?

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Account Recovery

OCTOBER 28, 2024

Oberg, found that while most of the plaintiff’s requests were valid and relevant, some limitations were necessary to avoid undue burdens on the non-party collection operations. Thus, plaintiffs are trying to vacate the default judgments to be able to bring these claims. Read on to hear what the experts have to say this week.

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Law Firms Fair Debt Collection Debt collector Judgment 130

FFGN COLLECT NY

JANUARY 31, 2024

That would include pursuing a Debt collection company that acts deceptively and fraudulently. As guardian of the rights of the people (and small businesses) the New York State Attorney General pursues bad actors. Some Debt collection companies act wrongly and engage in Fraudulent and deceptive behaviors.

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