Collections Law Firms Legal Rights 
Collection Industry News
DECEMBER 16, 2024
When consumers returned the calls, the defendants falsely represented themselves as being from a mediation or law firm, threatened legal action, and used personal information to convince consumers that the threats were real. The FTC is sending checks to 1,625 consumers, who will receive $334.38
Troutman Sanders
OCTOBER 17, 2023
In 2010, the defendant purchased the account and placed it with a law firm for collection. After receiving letters from the law firm, the plaintiff set up a payment plan, which she completed in 2013.
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Collection Industry News
JULY 6, 2021
Medical debt collection, a complex process and significant cause of personal bankruptcy, is receiving renewed attention because of the financial challenges of the COVID-19 pandemic. Marcott was assisted by ABC for Health, a nonprofit, public interest law firm in Madison. Bobby Peterson. They’re stressed out by bills.
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.
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.
Credit Corp
MAY 30, 2023
Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. Law enforcement may seize things like valuable collections or jewelry to be sold at auction. The judgment creditor can then use that court judgment to try to collect money from you.
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. WHAT THIS MEANS, FROM CHUCK DODGE OF HUDSON COOK: This decision is a mixed one for the defendant, a law firm. The ruling, delivered by Judge Daphne A.
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