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What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. This decision details the rights, responsibilities, and obligations of each party. In this case, the judge may order you to pay the other party as part of the court’s final judgment. These terms are laid out in the final judgment.

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Compliance Digest – October 28

Account Recovery

Plaintiff’s counsel has been foreclosed from bringing claims under the licensing statute due to scores of default judgments entered against consumers in previously filed collection actions as state courts have held that any such claim should have been brought in the collection action under the Entire Controversy Doctrine.

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Domesticating and Enforcing Your Foreign Judgments With a Massachusetts Collections Attorney

Collections Law

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Massachusetts was among the few states that had not adopted the Uniform Enforcement of Foreign Judgment Act. Not Just Domestication — Enforcement, Too.

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Are You Waiving Your Rights by Signing a Contract?

FFGN COLLECT NY

While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. The notice was sent by regular mail to our client and eight days later, the creditor submitted a judgment to the court for entry. Let us help.

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NJ Appellate Division Finds No Private Right of Action for Debt Purchaser’s Alleged Failure to Obtain State License

Troutman Sanders

The trial court granted summary judgment to the defendant on all claims finding that because the defendant was not a consumer lender it was not required to obtain the license at issue. Instead, the offending conduct was misrepresenting “that it had the legal right to collect on the account when it lacked the proper license to do so.”

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CFPB Reaches Settlement With Debt Collector Over Deceptive Practices

Collection Industry News

However, the Bureau alleges that the Agency did not have the requisite licenses necessary under state law to threaten to sue, sue and collect on judgments in three states — New Jersey, Rhode Island, and Connecticut. Further, the Agency is subject to a civil money penalty of $204,000 to be paid to the Bureau.

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Can Stimulus Checks Be Garnished in California?

Direct Recovery

Let’s dive into the details and break down exactly what debt collectors can and cannot do right now. The Judgment Factor. In a situation where a standing judgment exists, it is possible for the person holding that judgment to garnish a portion of the debtor’s stimulus check. Money Collected Must Be Returned.