A: You are a target if you do not strictly follow the Fair Debt Collection Practices Act (FDCPA). See 15 U.S.C. s. 1692, et seq. The FDCPA prohibits debt collectors from using abusive, unfair, or ...
On November 13, 2020, from 12:00 p.m. to 1:00 p.m. ET, we will present a webinar on the CFPB’s final collection rule. Our blog post series has detailed a number of ways in which the CFPB’s final debt ...
A new federal lawsuit alleges that since at least 2009, two major players in the debt collection industry have illegally operated, harassed, threatened and deceived millions of consumers across the ...
Business.com on MSN
From collections to repossession: A timeline of debt
Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...
A nonprofit has filed a lawsuit in New York, hoping to clear the way for volunteers to help people defend themselves against debt collection suits. By Andy Newman The Rev. John Udo-Okon, a Pentecostal ...
Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
The House of Representatives will vote on a dangerous bill, H.R. 5082, called the Practice of Law Technical Clarification Act of 2018 sponsored by Reps. Alexander Mooney (R-W.Va.) and Vicente Gonzalez ...
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