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28, 2021) , plaintiff Roberta Bordeaux, on behalf of herself and a class of similarly situated persons, asserted that defendant debt collector LTD Financial Services LP (LTD) violated the Fair Debt Collection Practices Act (FDCPA) by sending collection letters, referencing potential tax reporting consequences of accepting a debtsettlement.
Cashier’s checks are also commonly used in real estate transactions , debtsettlements, and other scenarios where trust and security are essential. Here’s a list of alternative approaches: Money orders are prepaid instruments issued by various organizations such as post offices, banks, and retail stores.
On July 13, state Republican Senator Bob Hackett re-introduced the Financial Accountability and Independence Recovery (FAIR) Act in the Ohio legislature, which would allow debtsettlement companies to operate in the state. To learn more about what rights consumers have under the CCPA and what is required of businesses, click here.
-based businesses face unique challenges : Higher interest rates : The Federal Reserve’s interest rate hikes have made borrowing more expensive, increasing monthly debt obligations. Sector-Specific Debt Growth : Retail, hospitality, and construction businesses are seeing the highest increases in outstanding debt.
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