The U.S. Court of Appeals for the Third Circuit ruled that under the Fair Debt Collection Practices Act, debt collectors contacting third parties to locate debtors must show that the contact was purely to locate the debtor. In this case, Patricia...
Read MoreOne of the largest debt buyers in the United States has been ordered to pay nearly $83 million in punitive damages to a Kansas City woman whom it had sued over a $1,000 credit card debt. Portfolio Recovery Associates LLC says it mistakenly...
Read MoreIn a recent press release, the United States Department of Education (DoED) announced that it is ending contracts with five private debt collectors. This news comes to us in the wake an internal review conducted by the DoED’s Federal Student Aid...
Read MoreTwo debt collectors, both headquartered in Buffalo, NY, have had complaints filed against them by the Federal Trade Commission according to a recent press release from the FTC. The FTC, along with the NY State Office of the Attorney General, is...
Read MoreReuters reports that, last month, over 100,000 potential plaintiffs were permitted to pursue a class action against a New York-based debt collector and law firm. The claim is that both Leucadia National Corp and the Mel S. Harris law firm were using...
Read MoreEarlier today, ABC News reported that phony debt collectors are calling thousands of innocent people across the country, illegally threatening them with jail time and other legal action. If you follow the Credit Law Blog, you’re probably already aware that this is...
Read MoreVietnam War veteran Dana Franks of Iowa is under pressure from an Omaha, Nebraska-based debt collection firm to pay over $15,000 for a $5,000 credit card debt from 2006. The debt stems from a Capital One credit card Franks used...
Read MoreOn September 17th, 2014, a federal judge certified a class action alleging that Safeguard Properties LLC broke the law when it hung “please call” notes on the doorknob of a homeowner in an attempt to obtain a return call. Door hangers were...
Read MoreHave you been receiving pre-recorded messages or automated phone calls to your cellphone from debt collectors? It seems you’re not the only one. Last month, USCB Inc., a receivable and resource management company, agreed to a $2.75 million settlement that will be...
Read MoreImagine 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 MoreReceiving threatening collection calls from National Credit Adjustors? You are not alone and there is help to stop collection calls. FDCPA Attorney Amy Bennecoff was featured in an NBC Nashville investigation into National Credit Adjustors. The story highlights victims of threatening collection...
Read MoreThe Federal Trade Commission Thursday announced a settlement in a long-running case against two debt collection agency owners and their network of companies that threatened lawsuit and arrest over debts consumers often did not owe. The two principal owners of...
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