Creditors - Creditor Collections Today

NYC Amends Collection Regulation to Clarify Debt Collection Definition Includes Creditors

Account Recovery

NOVEMBER 18, 2024

The amendment aims to clarify that the definition of a “debt collector” under the city’s Consumer Protection Law (CPL) explicitly includes creditors collecting their own debts. This change directly impacts original creditors who previously may not have considered themselves subject to these regulations.

Creditors

Creditors Collections Original Creditor Debt collector

Creditor Fined $10k For Collecting Debts Using Different Name

Account Recovery

OCTOBER 26, 2021

The Connecticut Department of Banking has reached a settlement with a creditor that was using a different name under which to collect unpaid debts for not having a collection license that will see the company pay a fine of $10,000 and stop collecting debts in the state unless it is using the “true name of … The post Creditor Fined $10k (..)

Creditors

Creditors Collections Banks

Judge Rules for Defendants in Two FDCPA Current Creditor Cases

Account Recovery

AUGUST 18, 2021

A copy of the … The post Judge Rules for Defendants in Two FDCPA Current Creditor Cases appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Collections

Webinars

How To Break Digital Transformation Barriers And Accelerate AI Adoption

The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

MORE WEBINARS

Calif. Appeals Court Upholds Ruling For Creditor in RFDCPA Case

Account Recovery

DECEMBER 5, 2022

Appeals Court Upholds Ruling For Creditor in RFDCPA Case first appeared on AccountsRecovery.net. Appeals Court Upholds Ruling For Creditor in RFDCPA Case appeared first on AccountsRecovery.net. ” … The post Calif. ” … The post Calif. The post Calif.

Creditors

Creditors Fair Debt Collection Debt collector Judgment

Collector Not Obligated to Notify Creditor of Dispute, Judge Rules

Account Recovery

OCTOBER 3, 2022

A District Court judge in Oklahoma has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the defendant did not violate the statute because it failed to notify the original creditor that the debt had been disputed by the plaintiff.

Creditors

Creditors Fair Debt Collection Original Creditor Collections

Creditor Settles with Georgia AG Over Alleged Illegal Collection Practices

Account Recovery

FEBRUARY 9, 2022

The Attorney General of Georgia yesterday announced a settlement with a creditor accused of engaging in deceptive sales and marketing tactics while also allegedly violating the Fair Debt Collection Practices Act that will see the company pay nearly $150,000 in fines while also agreeing to make significant changes to its business operations.

Creditors

Creditors Fair Debt Collection Collections

Wash. Appeals Court Affirms Dismissal of FDCPA Suit Against Creditor

Account Recovery

MAY 4, 2022

An Appeals Court in Washington state has upheld a lower court’s dismissal of a Fair Debt Collection Practices Act case that accused a creditor of violating the statute by attempting to collect in a name different than its own. Appeals Court Affirms Dismissal of FDCPA Suit Against Creditor appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Banks Collections

Collector Sued for Not Identifying Current Creditor in MVN

Account Recovery

AUGUST 30, 2022

Call … The post Collector Sued for Not Identifying Current Creditor in MVN appeared first on AccountsRecovery.net. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

Creditors

Class Action Accuses Collector of Using Inaccurate Name of Original Creditor

Account Recovery

JANUARY 13, 2023

Call … The post Class Action Accuses Collector of Using Inaccurate Name of Original Creditor first appeared on AccountsRecovery.net. The post Class Action Accuses Collector of Using Inaccurate Name of Original Creditor appeared first on AccountsRecovery.net. Want to learn more?

Original Creditor

Original Creditor Creditors

Wisc. Judge Grants MTD in FDCPA Case Over Creditor Name in Letter

Account Recovery

DECEMBER 11, 2020

A District Court judge in Wisconsin has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because it allegedly failed to correctly identify the creditor to whom a debt was owed in a collection letter. A copy of the ruling in the case of Fellenz v. … The post Wisc.

Creditors

Creditors Fair Debt Collection Collections

Appeals Court Revives Case for Debt Buyer Suing Creditor for Breach of Contract

Account Recovery

MAY 19, 2022

The Court of Appeals for the Fifth Circuit has reversed a lower court’s dismissal of a lawsuit filed by a debt buyer against a creditor that sold portfolios of delinquent and defaulted debt, ruling that the disputed portion of the contract between the two parties was enforceable.

Creditors

Creditors Debt Buying

Judge Grants MTD in FDCPA Case Over Dispute Sent to Creditor, Not Collector

Account Recovery

OCTOBER 27, 2021

A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by contacting the plaintiff after she had disputed the debt in question with the original creditor and for making a “hard inquiry” on her credit report.

Creditors

Creditors Fair Debt Collection Original Creditor Collections

National Creditors Bar Association, President Steve Markoff, Swear in New Board at Tampa Conference

Account Recovery

NOVEMBER 9, 2022

SARASOTA, FL – The National Creditors Bar Association (NCBA) held its annual Fall Conference in Tampa, FL October 26-28th with more than 800 attendees.

Creditors

Judge Grants Motion for Defense in FDCPA Case Over Name of Current Creditor in Letter

Account Recovery

AUGUST 7, 2020

A District Court judge in New York has agreed to adopt a Magistrate Judge’s recommendation that a defendant’s motion for judgment on the pleadings be granted after it was sued for violating the Fair Debt Collection Practices Act because it allegedly did not properly identify the creditor to whom a debt was owed in a … The post Judge (..)

Creditors

Creditors Fair Debt Collection Judgment Collections

Judge Grants Defendant’s MSJ in FDCPA Class Action Over Creditor ID in Letter

Account Recovery

MAY 12, 2022

A District Court judge in New York has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class action case, determining that the plaintiff lacked standing to sue because he did not suffer a concrete injury after alleging the defendant violated the statute by sending a collection letter to the … The (..)

Creditors

Creditors Fair Debt Collection Judgment Collections

Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation

Account Recovery

MAY 25, 2022

A complaint has been filed in federal court in California accusing a number of healthcare providers and a collection agency of violating state law as well as the Fair Debt Collection Practices Act by attempting to collect on a debt that was incurred as a result of injuries suffered while the plaintiff was working and … The post Complaint Accuses (..)

Creditors

Creditors Fair Debt Collection Collections Healthcare

Judge Grants MSJ for Defendant in FDCPA Case Over Creditor ID in Letter

Account Recovery

AUGUST 17, 2021

” A copy of the ruling in … The post Judge Grants MSJ for Defendant in FDCPA Case Over Creditor ID in Letter appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Judgment Collections

Creditor Facing Pair of Lawsuits for Violating Reg F’s 7-in-7 Provision

Account Recovery

NOVEMBER 15, 2022

Call … The post Creditor Facing Pair of Lawsuits for Violating Reg F’s 7-in-7 Provision appeared first on AccountsRecovery.net. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Want to learn more?

Creditors

Judge Grants Motion for Judgment in Favor of Creditor Sued in FCRA Case

Account Recovery

FEBRUARY 8, 2022

At least that is what a plaintiff unsuccessfully attempted to argue in a Fair … The post Judge Grants Motion for Judgment in Favor of Creditor Sued in FCRA Case appeared first on AccountsRecovery.net. But even standards that are supposed to be considered objective can sometimes be open to interpretation.

Creditors

Creditors Judgment

Bill Introduced to Force Creditors to Create Dedicated Phone Lines to Help Older Consumers

Account Recovery

JULY 25, 2023

A bipartisan bill has been introduced in the House of Representatives that would require creditors establish a dedicated phone line to assist older Americans who may have been scammed or otherwise have questions about possible billing errors.

Creditors

Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case

Account Recovery

JANUARY 14, 2021

The judge … The post Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Judgment Collections

Judge Grants MTD in FDCPA Case Over Creditor ID in Letter, Volume of Calls That Were Allegedly Harassing

Account Recovery

DECEMBER 1, 2022

The post Judge Grants MTD in FDCPA Case Over Creditor ID in Letter, Volume of Calls That Were Allegedly Harassing appeared first on AccountsRecovery.net.

Creditors

Creditors Debtor

FDCPA Suit Accuses Collector of Failing to Identify Creditor to Whom Debt was Owed on Itemization Date

Account Recovery

NOVEMBER 18, 2022

Call … The post FDCPA Suit Accuses Collector of Failing to Identify Creditor to Whom Debt was Owed on Itemization Date first appeared on AccountsRecovery.net. The post FDCPA Suit Accuses Collector of Failing to Identify Creditor to Whom Debt was Owed on Itemization Date appeared first on AccountsRecovery.net. Want to learn more?

Creditors

Daily Digest – November 18. Suit Accuses Collector of Failing to Identify Creditor; Collector Not Liable for Wrong-Number Calls

Account Recovery

NOVEMBER 18, 2022

Suit Accuses Collector of Failing to Identify Creditor; Collector Not Liable for Wrong-Number Calls first appeared on AccountsRecovery.net. Suit Accuses Collector of Failing to Identify Creditor; Collector Not Liable for Wrong-Number Calls appeared first on AccountsRecovery.net. The post Daily Digest – November 18.

Creditors

Creditors Fair Debt Collection Collections

Daily Digest – November 15. Creditor Facing Pair of Lawsuits for Allegedly Violating 7-in-7; State’s Tim Haag Talks About Change

Account Recovery

NOVEMBER 15, 2022

CREDITOR FACING PAIR OF LAWSUITS FOR VIOLATING REG F’S 7-IN-7 PROVISION A pair of lawsuits have been filed against a creditor, accusing it of violating the Rosenthal Fair Debt Collection Practices Act because the creditor allegedly violated the 7-in-7 call frequency restrictions of Regulation F in attempting to collect on an unpaid debt.

Creditors

Creditors Fair Debt Collection Collections

Appeals Court Affirms Ruling for Creditor in FMLA, ADA Case

Account Recovery

OCTOBER 31, 2024

One of the nation’s largest credit card lenders has had a summary judgment ruling in its favor affirmed by the Court of Appeals for the Ninth Circuit, after it was sued for allegedly violating the Americans with Disabilities Act and the Family Medical Leave Act by an employee who had been terminated.

Creditors

Creditors Judgment Lender Banks

Judge Grants MTD in FDCPA Case Over Alleged Mis-Identified Creditor, Amount in Letter

Account Recovery

NOVEMBER 9, 2020

A District Court judge in New Jersey has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because the plaintiff claimed the amount cited as being owed in a collection letter was inaccurate and that the plaintiff did not owe the debt to the current … The post Judge Grants (..)

Creditors

Creditors Fair Debt Collection Collections

Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor

Account Recovery

NOVEMBER 26, 2024

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

Chapter 7 bankruptcy

Chapter 7 bankruptcy Judgment Creditors Garnishment

Daily Digest – January 13. Class Action Accuses Collector of Using Inaccurate Creditor Name; State Court Judge Dismisses Suit for Lack of Standing

Account Recovery

JANUARY 13, 2023

Class Action Accuses Collector of Using Inaccurate Creditor Name; State Court Judge Dismisses Suit for Lack of Standing first appeared on AccountsRecovery.net. Class Action Accuses Collector of Using Inaccurate Creditor Name; State Court Judge Dismisses Suit for Lack of Standing appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Law Firms Original Creditor

What Are Creditors’ Rights During Insolvency Proceedings?

Hudson Weir

MARCH 19, 2025

If your business is struggling to pay its debts when they fall due, its important to keep in mind what are creditors rights during insolvency proceedings? As a director of an insolvent company, your overriding duty moves from maximising profits for the owners to preventing further losses, with creditors repayments in mind.

Creditor's Rights

Creditor's Rights Creditors Secured Creditor Unsecured Creditor

Judge Reverses Course, Undoes Certification, MSJ for Plaintiff in FDCPA Case Over Creditor ID in Letter

Account Recovery

APRIL 28, 2021

In a case that was defended by Jin Shin and the team at Malone Frost Martin, a District Court judge in Illinois has reversed himself and granted a defendant’s motion for reconsideration, undoing class certification and summary judgment in favor of the plaintiff, and awarding summary judgment to the defendant in a Fair Debt Collection … (..)

Creditors

Creditors Fair Debt Collection Judgment Collections

Daily Digest – October 3. Collector Not Obligated to Notify Creditor of Dispute; Legal Challenges to Student Loan Debt Cancellation Plan Launched

Account Recovery

OCTOBER 3, 2022

COLLECTOR NOT OBLIGATED TO NOTIFY CREDITOR OF DISPUTE A judge in Oklahoma has granted a motion to dismiss, ruling the defendant was not obligated under the Fair Debt Collection Practices Act to notify the original creditor that a debt was being disputed.

Student loans

Student loans Student Loans Creditors Loans

Daily Digest – August 18. Bedard Discusses Validation Information Exception; Judge Rules for Defendants in Two FDCPA Current Creditor Cases

Account Recovery

AUGUST 18, 2021

Bedard Discusses Validation Information Exception; Judge Rules for Defendants in Two FDCPA Current Creditor Cases appeared first on AccountsRecovery.net.

Creditors

Creditors Collections

Daily Digest – December 5. Senate Bill Aims to Restrict Medical Debt Collections; Calif. Appeals Court Upholds Ruling for Creditor in RFDCPA Case

Account Recovery

DECEMBER 5, 2022

Appeals Court Upholds Ruling for Creditor in RFDCPA Case first appeared on AccountsRecovery.net. Appeals Court Upholds Ruling for Creditor in RFDCPA Case appeared first on AccountsRecovery.net. Senate Bill Aims to Restrict Medical Debt Collections; Calif. The post Daily Digest – December 5.

Creditors

Creditors Collections

Daily Digest – December 8. Judge Rules Plaintiff Lacks Standing on Hunstein Claim; No-Code Collection Platform for Creditors Raises $16M

Account Recovery

DECEMBER 8, 2021

Judge Rules Plaintiff Lacks Standing on Hunstein Claim; No-Code Collection Platform for Creditors Raises $16M appeared first on AccountsRecovery.net.

Creditors

Creditors Collections

Daily Digest – October 26. Judge Denies Defendant’s Motion in FDCPA BK Case; Creditor Fined $10k For Collecting Debts in Different Name

Account Recovery

OCTOBER 26, 2021

Judge Denies Defendant’s Motion in FDCPA BK Case; Creditor Fined $10k For Collecting Debts in Different Name appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Collections Bankruptcy

Daily Digest – June 1. NDCA Judge Grants MTD in FDCPA Case Over Creditor ID in Letter; Sixth Circuit Jumps on Standing Bandwagon

Account Recovery

JUNE 1, 2021

NDCA Judge Grants MTD in FDCPA Case Over Creditor ID in Letter; Sixth Circuit Jumps on Standing Bandwagon appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Original Creditor Collections

Daily Digest – August 7. NYC Publishes Language Access FAQs; Judge Grants Motion in FDCPA Case Over Creditor Name in Letter

Account Recovery

AUGUST 7, 2020

NYC Publishes Language Access FAQs; Judge Grants Motion in FDCPA Case Over Creditor Name in Letter appeared first on AccountsRecovery.net. A copy of the rules can be accessed … The post Daily Digest – August 7.

Creditors

CMS Services Launches Free Terms & Conditions Database With Agreements From Hundreds of Creditors Nationwide

Account Recovery

APRIL 7, 2021

CHICAGO — April 6 — CMS Services, a leading provider of compliance management services to the Accounts Receivable Management industry, is excited to announce the launch of its Bank Terms & Conditions portal, providing copies of the terms and conditions issued by hundreds of credit grantors and financial institutions nationwide from (..)

Creditors

Creditors Accounts Receivables Management Financial Institution Banks

New Law in Arizona Changes Homestead Exemption for Judgment Creditors

Account Recovery

JUNE 9, 2021

A bill has been signed into law in Arizona that raises the homestead exemption on judgments to $250,000 from $150,000, but has “gutted the protections” that were previously included in the state, according to one bankruptcy attorney, because the law now allows any judgment to be attached to a home and allows judgments to be … The (..)

Judgment

Judgment Creditors Bankruptcy

Medical Debt Collection Bill Introduced in Illinois Legislature

Account Recovery

FEBRUARY 24, 2025

SB 1223 builds upon existing provisions in the Fair Patient Billing Act, which already regulates how hospitals and medical creditors pursue collections against uninsured patients.

Collections

Collections Debt collector Collection Agencies Collections Agency

Proof Of Debt: Owing Creditors Money After Company Liquidation

Hudson Weir

JANUARY 20, 2025

During a companys liquidation, the appointed insolvency practitioner aims to raise as much money as viable to repay creditors, but there may not be enough to reimburse everyone. A proof of debt form is one way that creditors can increase their chances of recouping some of the money owed to them.

Creditors

Creditors Unsecured Creditor Secured Creditor Loans

Judge Recommends Dismissing FCRA, FDCPA Claims Against Creditors

Account Recovery

FEBRUARY 24, 2023

The post Judge Recommends Dismissing FCRA, FDCPA Claims Against Creditors appeared first on AccountsRecovery.net.

Creditors

Creditors Fair Debt Collection Collection Agencies Collections Agency

AFSA Submits Comment Letter on Proposed Amendments to NYC Debt Collection Regs

Account Recovery

DECEMBER 16, 2024

These regulations could fundamentally alter how creditors and debt collectors operate, potentially harming consumers while imposing onerous compliance burdens on financial institutions. Driving the news: Between the lines: AFSA warns that these changes could force creditors to accelerate charge-offs or resort to litigation to recover debts.

Debt collector

Debt collector Collections Financial Institution Creditors

NYC Amends Collection Regulation to Clarify Debt Collection Definition Includes Creditors

Creditor Fined $10k For Collecting Debts Using Different Name

Webinars

Trending Sources

Judge Rules for Defendants in Two FDCPA Current Creditor Cases

Webinars

Calif. Appeals Court Upholds Ruling For Creditor in RFDCPA Case

Collector Not Obligated to Notify Creditor of Dispute, Judge Rules

Creditor Settles with Georgia AG Over Alleged Illegal Collection Practices

Wash. Appeals Court Affirms Dismissal of FDCPA Suit Against Creditor

Collector Sued for Not Identifying Current Creditor in MVN

Class Action Accuses Collector of Using Inaccurate Name of Original Creditor

Wisc. Judge Grants MTD in FDCPA Case Over Creditor Name in Letter

Appeals Court Revives Case for Debt Buyer Suing Creditor for Breach of Contract

Judge Grants MTD in FDCPA Case Over Dispute Sent to Creditor, Not Collector

National Creditors Bar Association, President Steve Markoff, Swear in New Board at Tampa Conference

Judge Grants Motion for Defense in FDCPA Case Over Name of Current Creditor in Letter

Judge Grants Defendant’s MSJ in FDCPA Class Action Over Creditor ID in Letter

Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation

Judge Grants MSJ for Defendant in FDCPA Case Over Creditor ID in Letter

Creditor Facing Pair of Lawsuits for Violating Reg F’s 7-in-7 Provision

Judge Grants Motion for Judgment in Favor of Creditor Sued in FCRA Case

Bill Introduced to Force Creditors to Create Dedicated Phone Lines to Help Older Consumers

Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case

Judge Grants MTD in FDCPA Case Over Creditor ID in Letter, Volume of Calls That Were Allegedly Harassing

FDCPA Suit Accuses Collector of Failing to Identify Creditor to Whom Debt was Owed on Itemization Date

Daily Digest – November 18. Suit Accuses Collector of Failing to Identify Creditor; Collector Not Liable for Wrong-Number Calls

Daily Digest – November 15. Creditor Facing Pair of Lawsuits for Allegedly Violating 7-in-7; State’s Tim Haag Talks About Change

Appeals Court Affirms Ruling for Creditor in FMLA, ADA Case

Judge Grants MTD in FDCPA Case Over Alleged Mis-Identified Creditor, Amount in Letter

Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor

Daily Digest – January 13. Class Action Accuses Collector of Using Inaccurate Creditor Name; State Court Judge Dismisses Suit for Lack of Standing

What Are Creditors’ Rights During Insolvency Proceedings?

Judge Reverses Course, Undoes Certification, MSJ for Plaintiff in FDCPA Case Over Creditor ID in Letter

Daily Digest – October 3. Collector Not Obligated to Notify Creditor of Dispute; Legal Challenges to Student Loan Debt Cancellation Plan Launched

Daily Digest – August 18. Bedard Discusses Validation Information Exception; Judge Rules for Defendants in Two FDCPA Current Creditor Cases

Daily Digest – December 5. Senate Bill Aims to Restrict Medical Debt Collections; Calif. Appeals Court Upholds Ruling for Creditor in RFDCPA Case

Daily Digest – December 8. Judge Rules Plaintiff Lacks Standing on Hunstein Claim; No-Code Collection Platform for Creditors Raises $16M

Daily Digest – October 26. Judge Denies Defendant’s Motion in FDCPA BK Case; Creditor Fined $10k For Collecting Debts in Different Name

Daily Digest – June 1. NDCA Judge Grants MTD in FDCPA Case Over Creditor ID in Letter; Sixth Circuit Jumps on Standing Bandwagon

Daily Digest – August 7. NYC Publishes Language Access FAQs; Judge Grants Motion in FDCPA Case Over Creditor Name in Letter

CMS Services Launches Free Terms & Conditions Database With Agreements From Hundreds of Creditors Nationwide

New Law in Arizona Changes Homestead Exemption for Judgment Creditors

Medical Debt Collection Bill Introduced in Illinois Legislature

Proof Of Debt: Owing Creditors Money After Company Liquidation

Judge Recommends Dismissing FCRA, FDCPA Claims Against Creditors

AFSA Submits Comment Letter on Proposed Amendments to NYC Debt Collection Regs

Stay Connected