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Archive for 'Fair Debt Collection'
Pressler & Pressler Hit with Class Action
In a recent article published by NJ Law Journal, it was reported that a putative class action has been filed against the largest collections firm in New Jersey, Pressler & Pressler. This news comes in the wake of a recent ruling...
Read MoreObama Admin Seeks to Expand MLA, Reduce Predatory Lending
The Obama Administration and the U.S. Department of Defense (DoD) are aiming to curtail predatory lending practices by expanding the protections offered to active service members and their families. These actions are intended to broaden the Military Lending Act (MLA), crushing...
Read MoreNew York State Establishes New Rules for Debt Collectors
New York State just took a major step in protecting consumer rights in credit card collection cases. The state recently updated its requirements for debt collectors when filing credit card collection cases against debtors, aiming to put a stop to...
Read MoreCFPB Pursues Georgia Firm for “Cookie-Cutter” Debt Collection Lawsuits
Imagine having paid-off a debt only to receive a legal notice years down the line insisting you owe more money. That’s what happened to Eduardo Austin of Atlanta, GA, who paid off a $2,400 credit card bill only to discover...
Read MoreFTC Takes $4 Million Action Against Deceptive Debt Collector
“Convenience fees” never seem to be all that convenient, do they? Although convenience fees are common to countless businesses and service providers, these charges become an entirely different monster when a company illegally pushes them on its customers. RTB Enterprises,...
Read MoreGood Ways to Repair Your Bad Credit
The old formula to build better credit went something like this: apply for a few credit cards, use them for affordable purchases such as groceries, utilities or gas; and then pay them off completely when the statement arrives each month,...
Read MoreAutomated Calls Ring in $500,000 Fine for One of Canada’s Largest Debt Collectors
An investigation by Canada’s federal regulatory arm, Canadian Radio-television and Telecommunications Commission (CTRC), found one of the country’s largest debt collectors iQor Canada Ltd guilty of violating consumer rights. Chiefly iQor was accused of using robocalls in an attempt to...
Read MoreClass Action Suit Filed Against Victoria’s Secret Debt Collector For Violations of the Fair Debt Collection Practices Act
Lawsuit alleges Allied Interstate charged hidden fees after settlement offers have been accepted Third party debt collector Allied Interstate of Columbus, Ohio, allegedly failed to inform credit-card holders who defaulted on payments and then accepted settlement offers, that interest on the debt...
Read MoreThe Dangers of Pension Loans
Craig Kimmel of the Kimmel and Silverman law firm joins Hal Donahue for the weekly segment of What Vets Need to Know on The Union Edge, discussing the dangers of Pension Loans. For more information, news and help for...
Read MoreWest Philly Resident Takes Debt Collectors to Court
A resident of West Philadelphia is alleging that a debt collector has engaged in unlawful practices. Kimmel & Silverman, P.C. has filed a complaint against national debt collection company Virtuoso Sourcing, Inc., on behalf of Crystal Monroe. The lawsuit was filed on...
Read MoreCFPB Issues New Rules for Supervising Debt Collectors
The Consumer Financial Protection Bureau on Tuesday unveiled new rules for supervising large debt-collection firms, marking the first time that industry will be subject to federal oversight. Starting Jan. 2, the government watchdog will regulate 175 debt-collection firms that each...
Read MoreDebt Collection Harassment Attorney Craig Thor Kimmel Explains How to Stop Collection Calls
Do you have debt? How do you stop collection calls? Craig Thor Kimmel explains debt collection practices (FDCPA) and other laws people should know. Click Here to Watch the Interview: Debt Collection by Ebru Today
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