Better Credit Blog

AUGUST 31, 2020

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, 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.

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FDCPA Defense

SEPTEMBER 26, 2017

Unlike the Fair Debt Collection Practices Act, 15 U.S.C. §§ 1692, et. seq. , (“FDCPA”), which, generally speaking, only applies to third party debt collectors, the Rosenthal Act broadly defines a “debt collector” to include persons or entities that collect on behalf of themselves or others.

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Troutman Sanders

MARCH 21, 2023

On March 9, the House Financial Services Committee’s Subcommittee on Financial Institutions 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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Troutman Sanders

OCTOBER 9, 2023

On October 4, 2023, Seth Frotman, general counsel and senior advisor to the director of the Consumer Financial Protection Bureau (CFPB), gave prepared remarks that focused on the need for state and federal cooperation on medical debt.

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