Remove Credit Management Remove Debt collector Remove Fair Debt Collection
article thumbnail

Seventh Circuit Affirms Ruling for Defendant in FDCPA Case

Account Recovery

The Court of Appeals for the Seventh Circuit has affirmed a lower court’s ruling in favor of the defendant in a Fair Debt Collection Practices Act and Telephone Consumer Protection Act case, ruling that the plaintiff failed to provide sufficient evidence to support his claims.

article thumbnail

Judge Grants MSJ For Defendant in FDCPA Class Action For Lack of Standing

Account Recovery

Companies in the accounts receivable management industry can add “irritation,” “concern,” “feeling targeted,” and “hustled,” to the list of harms that do not create standing to sue in federal court when accusing a debt collector of violating the Fair Debt Collection Practices Act after a District Court (..)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

California Appeals Court Overturns Defendant’s Anti-SLAPP Win in RFDCPA Case

Account Recovery

A California Appeals Court has overturned a ruling in favor of a debt collector that was sued for violating the Rosenthal Fair Debt Collection Practices Act by not properly serving the plaintiff with a summons and complaint in an underlying collection lawsuit, with the panel ruling that the plaintiff is not obligated to pay the … The post California (..)

article thumbnail

Important Updates to the Fair Debt Collection Practices Act

Credit Management Company

Now, there are additional steps you must add to your debt collection practices. Late last year, the Consumer Financial Protection Bureau (CFPB) announced the Final Rule that debt collectors must follow under the Fair Debt Collection Practices Act (FDCPA). Include the right to dispute the debt.

article thumbnail

How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

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. The debt concerned his son’s medical treatment. Now the FDCPA is in the news again.

article thumbnail

Common Myths About Using a Collection Agency

Credit Management Company

Companies hire debt collection agencies to collect debts on their behalf. Sometimes, businesses may even sell their debt to collection agencies. In that case, those businesses no longer own the debt you’re paying. Myth: The FDCPA Will Protect Any Debt Collector.

article thumbnail

Modernizing Debt Collection During the Digital Age

Credit Management Company

Debt collectors are not allowed to threaten or harass. Debt collectors cannot tell any third parties about someone’s debt. If collectors are told in writing to stop, they cannot contact the consumer. What has changed is the way debt collectors can communicate while following all these rules.