Account Recovery

JANUARY 7, 2025

In today’s world of trying to make the process of repaying debts more consumer friendly, one collector is now facing a class action claims that it violated the Fair Debt Collection Practices Act because the titles it gave to the repayment options in a communication with a consumer allegedly did not align with the status of the debt.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Collections 130

Account Recovery

JUNE 22, 2021

JUDGE GRANTS MOTIONS TO COMPEL, DISMISS IN FDCPA, TCPA CLASS ACTION A District Court judge in California has granted a defendant’s motion to dismiss with prejudice and motion compel arbitration in a class-action case alleging violations of the Fair Debt Collection Practices Act and Telephone Consumer Protection Act over an unpaid credit card debt.

Credit Card Debt 189

Credit Card Debt Fair Debt Collection Collections 189

Account Recovery

JUNE 22, 2021

A District Court judge in California has granted a defendant’s motion to dismiss with prejudice and motion compel arbitration in a class-action case alleging violations of the Fair Debt Collection Practices Act and Telephone Consumer Protection Act over an unpaid credit card debt.

Credit Card Debt 162

Credit Card Debt Fair Debt Collection Collections 162

Account Recovery

FEBRUARY 21, 2024

A New Jersey Appeals Court has affirmed the dismissal of a Fair Debt Collection Practices Act case that was dismissed by an arbitrator, with the plaintiff arguing the arbitrator refused to consider evidence and that the underlying agreement was unenforceable.

Credit Card Debt 147

Credit Card Debt Fair Debt Collection Collections 147

Account Recovery

APRIL 2, 2024

A District Court judge in Missouri has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling the plaintiff lacked standing to sue after unsuccessfully attempting to have a dispute notation removed from her credit report.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Judgment Collections 130

Account Recovery

DECEMBER 13, 2023

Emerging victorious from a collection lawsuit is not enough for a plaintiff to also win a Fair Debt Collection Practices Act case, the Court of Appeals for the Third Circuit has ruled, affirming a lower court’s decision to deny a motion for reconsideration.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Collections 130

Account Recovery

OCTOBER 3, 2024

A District Court judge in New York has adopted the report of a Magistrate Court judge and dismissed a Fair Debt Collection Practices Act case after the plaintiff sought to vacate an interim arbitration award and stay ongoing arbitration proceedings — proceedings that the plaintiff actually initiated on her own.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Collections 130

Account Recovery

SEPTEMBER 9, 2024

Nearly a year after getting the ball to the one-yard-line, a District Court judge in Connecticut has finally crossed the goal line, granting a defendant’s motion for summary judgment on the last remaining claim in a Fair Debt Collection Practices Act case over how it attempted to collect on an unpaid credit card debt.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Judgment Collections 130

Account Recovery

AUGUST 14, 2024

The original lawsuit centered around whether the current creditor to whom the debt was owed was properly identified in a collection letter. The Background: The plaintiff defaulted on a credit card debt that was owed to First Premier Bank.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Collection Agencies Collections Agency 130

Account Recovery

OCTOBER 2, 2024

For the second time, a District Court judge in Illinois has dismissed a Fair Debt Collection Practices Act class-action lawsuit because the plaintiff lacked standing to sue, this time ruling that the plaintiff could not have paid the settlement amount offered by the debt collector or successfully changed the order of other payments.

Credit Card Debt 130

Credit Card Debt Fair Debt Collection Debt collector Judgment 130

Taurus Collect

MAY 11, 2023

If you have ever had to deal with credit card debt, you know it can be stressful. Debt collectors call at all hours of the day and pressure is put on borrowers to quickly make payments in full. The process begins when the debtor stops making payments on their credit card and goes into default.

Credit Card Debt 52

Credit Card Debt Collections Collection Agencies Collections Agency 52

Credit Corp

MARCH 12, 2025

Dealing with credit card debt is challenging, let alone facing a debt lawsuit.If Lawsuits also harm credit scores, and the stress from the legal process can exacerbate financial challenges. If you find yourself being sued by a debt collector, you may wonder how to get a credit card lawsuit dismissed.

Debt collector 52

Debt collector Credit Card Debt Creditors Bankruptcy 52

Debt Free Colorado

FEBRUARY 21, 2022

Does Colorado Law Protect Me From Debt Collectors? When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. What is the Federal Fair Debt Collection Practices Act (FDCPA)?

Debt collector 98

Debt collector Fair Debt Collection Collection Agencies Collections Agency 98

True Accord

APRIL 5, 2023

Directly impacting creditors and debt collectors, a January ruling from the District Court of Puerto Rico found that sending debt collection communications prior to any knowledge of a debtor’s bankruptcy filing is not a violation of the Fair Debt Collection Practices Act (FDCPA). And delinquency is trending.

Student loans 101

Student loans Student Loans Credit Card Debt Loans 101

Better Credit Blog

APRIL 1, 2022

To remove Capital One Collections from your credit report, you first need to know who currently owns the debt. In other words, has Capital One sold your unpaid credit card debt to another collection agency, or is the debt still with Capital One? Why would this kind of debt settlement work?

Debt collector 73

Debt collector Credit Card Debt Third-party Debt Collectors Collections 73

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).

Debt collector 116

Debt collector Fair Debt Collection Collection Agencies Collections Agency 116

Sawin & Shea

AUGUST 24, 2020

Bankruptcy may affect your credit score (it sometimes can make your score better!), Whether or not you file for bankruptcy also depends on the kind of debt you have. Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

Better Credit Blog

OCTOBER 16, 2020

The agency collects on various types of debts, such as: Consumer finance debt. Credit card debt. Retail debt. 3 Ways to Remove Asset Acceptance LLC from Your Credit Report. So how exactly does Asset Acceptance get a hold of your credit card debt or the balance on your utility bill?

Debt collector 94

Debt collector Collection Agencies Collections Agency Credit Card Debt 94

Collection Industry News

JUNE 7, 2021

A debt collector’s offer to settle an outstanding debt didn’t need to inform the consumer that their balance could increase due to interest and fees, because it didn’t make the letter misleading under federal law, the Second Circuit said Friday. The company mailed him a number of collection notices.

Debt settlement 40

Debt settlement Credit Card Debt Fair Debt Collection Debtor 40

Consumer Finance Watch

DECEMBER 12, 2019

The Supreme Court of the United States (“Supreme Court”) recently affirmed the Third Circuit’s decision holding Fair Debt Collection Practices Act (“FDCPA”) claims are subject to a one-year statute of limitations from the date of an alleged violation and rejecting the Fourth and Ninth Circuit’s adoption of a broad “discovery rule.”

Fair Debt Collection 40

Fair Debt Collection Credit Card Debt Judgment Debt collector 40

Katabat

AUGUST 4, 2021

Pandemic’s “Credit Card Debt Paydown Miracle” May be Ending. Lots of people made lots of progress paying down debt and we would not have thought that at the outset of the pandemic,” said Ted Rossman, Senior Industry Analyst at CreditCards.com. 30, 2021 Effective Date for Debt Collection Final Rules.

Debt collector 52

Debt collector Credit Card Debt Fair Debt Collection Collections 52

Katabat

AUGUST 4, 2021

Pandemic’s “Credit Card Debt Paydown Miracle” May be Ending. Lots of people made lots of progress paying down debt and we would not have thought that at the outset of the pandemic,” said Ted Rossman, Senior Industry Analyst at CreditCards.com. 30, 2021 Effective Date for Debt Collection Final Rules.

Debt collector 52

Debt collector Credit Card Debt Fair Debt Collection Collections 52

Troutman Sanders

APRIL 7, 2021

Candace Moyer failed to pay her credit card debt, and the account was placed with a debt collector, which sent Moyer a one-page, single-sided collection letter that stated, “If you wish to eliminate further collection action, please contact us” above a validation notice requiring disputes to be in writing.

Debtor 52

Debtor Debt collector Credit Card Debt Fair Debt Collection 52

Troutman Sanders

OCTOBER 26, 2020

Plaintiff Joseph Degroot defaulted on a credit card debt, which was subsequently placed with a collection agency. The agency sent the plaintiff a collection letter stating that “interest and fees are no longer being added to your account,” which the plaintiff took to mean that the account had been charged off.

Credit Card Debt 52

Credit Card Debt Fair Debt Collection Collection Agencies Collections Agency 52

Better Credit Blog

SEPTEMBER 9, 2020

They are headquartered in Farmingdale, NY, and are known as a “late-stage” debt collector, which means they may have purchased the right to collect the debt from the original creditor. Although Sunrise Credit Services is indeed a legitimate debt collector , they are not thought kindly of by their customers.

Debt collector 101

Debt collector Loans Collections Creditors 101

Credit Corp

DECEMBER 14, 2020

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old. Ask the creditor to send you written notice of the debt.

Debt collector 98

Debt collector Collections Judgment Collection Agencies 98

Troutman Sanders

AUGUST 29, 2023

District Court for the Western District of New York granted the plaintiff’s motion for class certification for alleged violations of the Fair Debt Collections Practices Act (FDCPA) relating to an allegedly improper debt assignment notification. In McCrobie v.

Acquisition 52

Acquisition Garnishment Judgment Debtor 52

Troutman Sanders

SEPTEMBER 13, 2023

Against this background, AG Bonta made recommendations to the agencies on how to protect consumers from harm in their use of medical payment products, including: The agencies should designate medical credit card debt as medical debt, not consumer debt, to ensure consumers receive the appropriate statutory protections.

Credit Card Debt 52

Credit Card Debt Loans Fair Debt Collection Healthcare 52

FFGN COLLECT NY

MARCH 10, 2023

Although, in some scenarios, a hybrid situation can occur, understanding the definition of consumer debt and commercial debt is key. Consumer debt refers to any debt incurred for personal, family, or household purposes such as credit card debt and medical bills.

Debt collector 52

Debt collector Collections Judgment Enforcement Judgment 52

Debt Free Colorado

JUNE 18, 2024

Contact your friends, family, or employer about your debt. Publicly shaming you for not paying your debt. Falsely inflating the amount of debt you owe. The Fair Debt Collection Practices Act (FDCPA) is a federal law in the United States that protects consumers from creditor harassment.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Creditors Garnishment Unsecured Debt 52

Sawin & Shea

SEPTEMBER 27, 2023

The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged. If the court grants a judgment in favor of the creditor, they have additional collection options, such as wage garnishment, bank account levies, or placing liens on the debtor’s property.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debt collector Debtor 52

Credit Corp

AUGUST 31, 2021

Some debt buyers —companies that buy and try to collect very old debts—still go after borrowers and might even take them to court. If they do this knowing that the debt is past the statute of limitations, they may have violated the Fair Debt Collections Practices Act.

Debt collector 75

Debt collector Collections Collection Agencies Collections Agency 75

Better Credit Blog

FEBRUARY 4, 2021

DFS primarily collects on healthcare debt, as well as: Commercial debt. Credit card debt. Utility debt. If you are overwhelmed by dealing with negative entries on your credit report, we suggest you ask a professional credit repair company for help. Phoenix, Arizona 85053. and 9 p.m.

Financial services 69

Financial services Debt collector Collection Agencies Collections Agency 69

FFGN COLLECT NY

DECEMBER 12, 2023

You must inform consumers of their rights during the debt collection process. The attorney or debt collector must explicitly identify the debt collection activities allowed by the Fair Debt Collection Practices Act.

Debtor 52

Debtor Debt collector Debt Buying Original Creditor 52

Collection Industry News

JUNE 1, 2023

Governments and regulatory bodies continually strive to strike a balance between consumer protection and enabling efficient debt recovery. New regulations, such as the implementation of the Consumer Financial Protection Bureau (CFPB) in the United States, aim to ensure fair debt collection practices and enhance consumer rights.

Collections 40

Collections Collection Agencies Collections Agency Debtor 40

Troutman Sanders

DECEMBER 7, 2021

On December 1, the Federal Reserve Board and the CFPB announced the dollar thresholds that determine exemption of certain consumer credit and lease transactions in 2022, from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing). On November 30, Regulation F of the Fair Debt Collection Practices Act became effective.

Financial services 52

Financial services Debt collector Consumer Credit Credit Card Debt 52

Better Credit Blog

OCTOBER 14, 2020

While you might not be familiar with Asset Recovery Solutions, it collects on a wide range of debts, such as: Auto loans. Consumer debts. Credit card debt. Retail debt. If you have any one of the types of debts listed above, you could be subject to collections attempts by Asset Recovery Solutions.

Debt collector 52

Debt collector Collection Agencies Collections Agency Retail 52