Account Recovery

JULY 26, 2024

Collector Sued for Refusing to Accept Dispute Judge Grants MSJ for Defendant in FDCPA Case over Duplicate Cease Requests BK Filings Jump 16% for 12-Month Period Ending June 30 Consumers Very Worried About Economy WORTH NOTING: OpenAI, the company behind ChatGPT, is releasing its first search engine … Boneless chicken wings can have bones, a […]

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Roths Child Law

JULY 26, 2024

The process of filing for bankruptcy is shrouded in myths that can deter individuals from seeking the help they need. Bankruptcy law is nuanced, and the process can be intimidating. Many people believe that filing for bankruptcy means giving up everything they own or that it will permanently ruin their credit. These myths are false and can prevent people from moving from their challenges to regain financial stability.

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Account Recovery

JULY 26, 2024

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Collection Industry News

JULY 26, 2024

Some of the largest United States banks are bracing themselves for some significant losses coming out of their portfolio of personal loans and credit cards as indicated by their financial reports covering the second quarter of 2024. JPMorgan Chase, one of the country’s largest banks set aside nearly $1.2 billion from its revenues to raise its loan loss provision to a staggering amount of $3 billion.

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Account Recovery

JULY 26, 2024

If an attorney representing an individual types up a letter on behalf of the individual that disputes a debt and ceases communication with the collector, but the letter is signed by the individual and contained the individual’s return address and did not indicate that the individual was otherwise being represented by an attorney, is that […]

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Account Recovery

JULY 26, 2024

For the second straight quarter, bankruptcy filings have grown by at least 10%, and this marked eight straight quarterly increases after years of consistent declines. Overall, personal and business bankruptcy filings increased by 16.

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Account Recovery

JULY 26, 2024

More consumers are concerned about being able to pay their bills today than back during the Great Recession in 2008, according to the results of a recently released poll. Perhaps causing the problem is that a large number of consumers believe the economy is currently in a recession when it actually isn’t.

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