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Can a bank be sued for acting as a “debtcollector” under the California Rosenthal Act? You are probably tempted to answer “yes” it can, because you know the Act defines a “debtcollector” to include an entity that is collecting on behalf of itself or on behalf of thirdparties. Code § 1788.2(c)
ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-partydebtcollector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead.
On March 9, the House Financial Services Committee’s Subcommittee on FinancialInstitutions and Monetary Policy held a hearing to discuss proposals that would alter the CFPB’s structure and authority. On March 9, the Financial Crimes Enforcement Network informed U.S. For more information, click here.
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