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2024 FDCPA: Key Updates to the Fair Debt Collection Practices Act

Burt and Associates

The Fair Debt Collection Practices Act ( FDCPA ) is a cornerstone of consumer protection laws in the United States. It ensures that debt collectors adhere to specific ethical and legal standards when pursuing debts. Validation of Debts Under the FDCPA, consumers have the right to dispute their debt.

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2024 FDCPA: Key Updates to the Fair Debt Collection Practices Act

Burt and Associates

The Fair Debt Collection Practices Act ( FDCPA ) is a cornerstone of consumer protection laws in the United States. It ensures that debt collectors adhere to specific ethical and legal standards when pursuing debts. Validation of Debts Under the FDCPA, consumers have the right to dispute their debt.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

Chapter 7 Bankruptcy: A petition is filed in the Bankruptcy Court seeking a discharge of most types of debts. In exchange of this discharge non-exempt assets are liquidated by a Chapter 7 trustee in order to pay creditors back something. How Does Debt Negotiation Work? Debt collection agencies can be thoroughly unpleasant.

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You’re in Debt: 9 Terms to Know

The Kaplan Group

If you have always prided yourself on being debt free, or good with money, you might be tempted to simply pull the covers of your head and ignore your current situation. Instead, I suggest you do what you can to educate yourself about your options. FDCPA ( Fair Debt Collection Practices Act). Acceleration Clause.

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How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

If you have been contacted by Sunrise Credit Services, you are probably being pursued for an old debt. Sunrise Credit Services is a debt collector that has been hired by your old creditor to collect payment on your debt. They may also have purchased the debt to profit off your payments.

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How to Remove MRS BPO LLC From Your Credit Report

Better Credit Blog

If you have heard from a debt collector called MRS BPO LLC recently, you may already be aware of this and looking for a way to fix the situation. MRS BPO LLC is contacting you because they are now responsible for collecting a debt on behalf of your original creditor. Request Debt Validation.

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New Yorkers Should Receive the Same Digital Communications Benefits All Non-New Yorkers Receive: Part One

True Accord

The result, not surprisingly, is that New York consumers who had already opted in to communicate via email about the account with the creditor would, after falling behind on payments and being referred to a debt collector, only receive phone calls and letters from debt collectors. Comments were due February 13, 2023.