Troutman Sanders

SEPTEMBER 8, 2023

Mountain America Federal Credit Union , the plaintiff became delinquent on a credit card account with her credit union. The credit union then assigned the debt to a third-party collection agency. In Hansen v. A copy of the order is available here.

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Collection Industry News

AUGUST 18, 2020

“We respectfully recommend the Bureau continue to rely solely on its Fair Debt Collection Practices Act (FDCPA) authority when promulgating rules governing the practice of debt collection,” the letter reads.

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Troutman Sanders

JANUARY 6, 2023

15, 2022, the Federal Financial Institutions Examination Council’s (FFIEC) Task Force on Consumer Compliance adopted revised examination procedures for the Fair Debt Collection Practices Act (FDCPA) and its implementing regulation, Regulation F. A copy of the revised procedures can be accessed by clicking here. FFIEC is a U.S.

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Troutman Sanders

AUGUST 19, 2020

The DCLA exempts banks and credit unions from the licensure requirement while authorizing DBO to bring enforcement actions against such entities for violating existing fair debt collection laws to which they are already subject.

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Credit Corp

AUGUST 24, 2020

In addition to requesting a written validation notice from the collector, verify with your state attorney general’s office or the Better Business Bureau that the collection agency is legitimate. The Fair Debt Collection Practices Act (FDCPA) provides protection for consumers. Know Your Rights. Postdated Check.

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Collection Industry News

MAY 18, 2021

The borrowers most impacted by the consequences of this provision will be low- and moderate-income borrowers whose financial well-being could benefit the most from access to affordable credit from a credit union.”. In March of 2019, SCOTUS unanimously held in Obduskey V.

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Better Credit Blog

AUGUST 31, 2020

Originally founded in 1985, ConServe is a medium-sized debt collector that is headquartered in Fairport, NY. They specialize in collecting on behalf of higher education institutions, government agencies, financial institutions, credit unions, and other commercial enterprises.

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Better Credit Blog

SEPTEMBER 4, 2020

Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request that Rausch Sturm communicates with you strictly through U.S. Originally founded in 2008, Rausch Sturm is a medium-sized debt collection agency out of Brookfield, WI.

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Jimerson Firm

JANUARY 17, 2023

The Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA) are two pro-consumer statutes. Businesses should be aware of each statute. When that happens, businesses need to be aware of their rights and the potential exposure under the FCCPA and the FDCPA.

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Jimerson Firm

JANUARY 17, 2023

The Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA) are two pro-consumer statutes. Businesses should be aware of each statute.

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Jimerson Firm

JANUARY 12, 2023

The Clayton Court was asked to decide the question of “whether Florida’s offer of judgment statute is preempted by [the federal Fair Debt Collection Practices Act (“FDCPA”)].” Bryan , 753 So. 2d 632 (Fla. 5th DCA 2000).

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Jimerson Firm

JANUARY 16, 2023

The Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA) are two pro-consumer statutes. Businesses should be aware of each statute and how to defend against such claims.

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Account Recovery

NOVEMBER 4, 2024

But on top of that, there is a Fair Debt Collection Practices Act angle to the case, too. The background: The case was filed after the plaintiff, a long-standing customer of the defendant credit union, became the victim of an elaborate scam.

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Troutman Sanders

JANUARY 9, 2024

The debt collector claimed that they were only responsible under the law when they intended to say something false. The debt collector’s argument is wrong,” the CFPB remarked in its blog. “As The CFPB goes on to say that “[t]his interpretation has been upheld by numerous courts, and it is what Congress clearly intended.”

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Account Recovery

OCTOBER 24, 2024

Major of the District Court for the Southern District of California denied the motion to compel with respect to RFPs related to the defendant’s debt collection activities, finding that the scope of these requests was too broad and disproportionate to the needs of the case. The ruling: Judge Barbara L.

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