The following article is written by Michelle Singletary of the Washington Post. The Consumer Financial Protection Bureau is looking for your input in making debt collection laws even tougher. If you would like to share your input or suggestions, visit www.regulations.gov. WASHINGTON...
Read MoreLawsuit 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 Fair Debt Collection Practices Act (FDCPA) has a number of complex stipulations that prohibit debt collectors from utilizing practices deemed as harassing. Although some laws within the act can be pretty straightforward, other policies are more complex. For years,...
Read MoreA Glendale, California-based debt collector will pay $1 million dollars to settle Federal Trade Commission charges that the defendants violated federal law. This is the first FTC action against a debt collector who used text messaging to attempt to collect...
Read MoreA 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 MoreMaking sound financial decisions starts with knowing your rights as a consumer Consumer advocates are hoping this month that April showers also bring May financial flowers for their clients, using National Financial Literacy Month as a springboard to get people...
Read MoreAfter allegedly misleading consumers into paying unnecessary fees and falsely threatening consumers with lawsuits, defendants in a debt collection operation have agreed to settle Federal Trade Commission charges. The FTC alleged in its complaint that the defendants – a debt...
Read MoreAt the Federal Trade Commission’ request, a federal court has temporarily halted an operation that allegedly used an intricate web of concealment to debit hundreds of thousands of consumers’ bank accounts and bill their credit cards more than $25 million...
Read MoreConsumer Attorney Craig Thor Kimmel, Founding Partner of CreditLaw.com, visited Good Day Philadelphia to discuss how consumers can battle harassing collection calls. Under the Fair Debt Collection Practices Act, consumers can get the collection calls to stop and possibly receive...
Read MoreGetting harassed by a debt collector can be frustrating, annoying and even scary. Fox 43 Morning News spoke with Pennsylvania consumer attorney Craig Thor Kimmel about your rights. (Video has been removed – Admin)
Read MoreDo 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
Read MoreOne of the nation’s largest debt collectors, Allied Interstate, was charged by the Federal Trade Commission for making repeated collection calls to collect from the wrong person, to collect the wrong amount or both. Allied has agreed to pay $1.75 million...
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