Debt Buying Related Topics 
Account Recovery
OCTOBER 13, 2020
The Center for Responsible Lending — a consumer advocacy group — has released a report that analyzes the impact of a state debt buying law that was enacted in California in 2013 on the number of debt collection lawsuits filed against consumers in the years since the law went into effect, concluding that the law … The post Report Analyzes (..)
Account Recovery
MARCH 20, 2024
Appeals Court Upholds Ruling in CFPB Debt Collection Case Virginia Appeals Court Grants En Banc Rehearing in Debt Buying Case Appeals Court Dismisses Hunstein Copycat for Lack of Standing 25 Companies Seeking Collection Talent WORTH NOTING: Today is International Day of Happiness, so photographers were asked if pictures can make us happy … The (..)
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Account Recovery
NOVEMBER 30, 2020
The Court of Appeals for the First Circuit has upheld a lower court’s ruling that the purchaser of a defaulted credit card debt is entitled to the same arbitration opportunity as the original creditor, even though the individual who owed the debt prevailed in a civil suit filed by the purchaser because it could not … The post Appeals Court (..)
Account Recovery
AUGUST 21, 2020
Less than a month after suing one federal regulator, a group of state attorneys general filed suit yesterday against another one, seeking to block the implementation of a rule aimed at ensuring the terms of a loan remain valid after the loan has been sold to a non-bank entity, a key component when buying and … The post State AGs Sue FDIC Over (..)
Account Recovery
AUGUST 21, 2020
The Court of Appeals for the Fourth Circuit has overturned a lower court’s dismissal of a lawsuit in which the seller of a portfolio of loans sued the buyer for allegedly violating the terms of their agreement when the buyer turned around and re-sold the loans to someone else, determining that a federally chartered credit … The post Appeals (..)
Account Recovery
AUGUST 21, 2020
Appeals Court Overturns Dismissal of Debt Buying Contract Dispute; Judge Denies MTD in FDCPA Case appeared first on AccountsRecovery.net.
Account Recovery
JANUARY 26, 2024
A pair of bills were introduced in the Maine legislature yesterday that both tackle the topic of medical debt. One would limit how medical debt credit cards are promoted and used and the other would give consumers the chance to buy their medical debts from a provider before they are sold to someone else.
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