Debt Buying Debt collector Fair Debt Collection 
Account Recovery
FEBRUARY 24, 2025
California Appeals Court Reverses Judgment in Debt Buyer Case A California Appeals Court has reversed a lower courts ruling in favor of a debt buyer, determining that consumers do not need to show actual damages to pursue statutory damages under the Fair Debt Buying Practices Act (FDBPA). More details here.
Nexa Collect
JUNE 18, 2023
Since debt collectors are on the phone all day long, they know every tactic to get paid. The cost of collection agencies depends on whether you select their Fixed-fee or Contingency-fee service. There are also state laws that can affect the process of medical debt collection.
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FFGN COLLECT NY
DECEMBER 12, 2023
Here is an overview of the NYC law on debt collection: The consumer or debtor can ask the debt collector or attorney to verify the debt or show proof of verification upon collection. Consumers must be aware that the debt they are being collected for is valid.
Collection Industry News
DECEMBER 19, 2023
The Consumer Financial Protection Bureau (CFPB) today took action against a medical debt collector, Commonwealth Financial Systems, for illegally trying to collect unverified medical debts after consumers disputed the validity of the debts. WASHINGTON, D.C. – Read today’s order. Along with the U.S.
Collection Industry News
DECEMBER 25, 2023
The first action violated the Fair Credit Reporting Act and the second violated the Fair Debt Collection Practices Act, the bureau said. When someone gets sick, they should be able to focus on getting better, rather than fighting debt collectors trying to extort them into paying bills they may not even owe.”
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