Remove Fair Debt Collection Remove Judgment Remove Retail
article thumbnail

Tenth Circuit Affirms Summary Judgment in Favor of Defendant in FDCPA Case on the Basis of Claim Preclusion

Troutman Sanders

Court of Appeals for the Tenth Circuit upheld a trial court’s order granting summary judgment in favor of a debt buyer holding that claim preclusion barred the plaintiff’s claims brought under the Fair Debt Collections Practices Act (FDCPA) and Utah’s Unfair Claims Settlement Practices Act (UCSPA).

article thumbnail

Differences Between Commercial and Consumer Debt Collection

Direct Recovery

Common examples of consumer debt collection scenarios might include a credit card company attempting to recover unpaid balances, a hospital seeking repayment for medical bills, or a mortgage lender attempting to recover delinquent mortgage payments. Should things fail to work out from there, a court judgment is usually the next step.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Court Finds Letter Warning Consumer of Tax Consequences for Debt Forgiveness Does Not Violate the FDCPA

Troutman Sanders

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 debt settlement.

article thumbnail

How To Remove First National Collection Bureau From Your Credit Report

Better Credit Blog

If you’ve fallen behind on payments in an industry like one of the ones listed below, it could be to blame for the collections entry on your report: Bank credit cards. Retail cards. Fortunately, you have rights under the Fair Debt Collection Practices Act. Telecommunications. Repossessions. Foreclosure. Bankruptcy.

article thumbnail

How To Remove First National Collection Bureau From Your Credit Report

Better Credit Blog

If you’ve fallen behind on payments in an industry like one of the ones listed below, it could be to blame for the collections entry on your report: Bank credit cards. Retail cards. Fortunately, you have rights under the Fair Debt Collection Practices Act. Telecommunications. Repossessions. Foreclosure. Bankruptcy.

article thumbnail

Washington AG Ordered to Pay $4.3M in Attorney’s Fees and Costs to Thrift Store Chain

Troutman Sanders

The AG’s Protracted Investigation and Litigation Savers is the largest for-profit thrift retailer in the world and generates more than $1 billion in annual revenue. The Washington AG began investigating Savers in 2014 and, after a failed negotiation, sued the retailer.

article thumbnail

How To Remove First Federal Credit Control From Your Credit Report

Better Credit Blog

Over the past 50 years, FFCC has collected debts in the following industries: Business to business. If you carry debt in any of those industries, the entry featured on your report could be legitimate. When you fail to keep up with payments to a service provider or lender, they often hand your debts off to collections agencies.