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 MoreAre you being contacted by phone and mail about a debt that you owe but haven’t paid or can’t pay? Maybe you are being called about somebody else’s debt? Does it seem like your phone won’t stop ringing or that...
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 MoreThe Massachusetts Office of Consumer Affairs and Business Regulation and the Division of Banks announced a series of cease orders targeting unlicensed lenders and a licensed debt collector that were not adhering to the state’s loan consumer protections. These loans...
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 MoreAction News Reports Palisades Collections Waged War on United States Military Veteran with Impeccable Credit Score CreditLaw.com attorney, Amy Bennecoff, sat down with Action News’ Nydia Han to talk about the case of Frank Stack v. Palisades Collections, warning viewers...
Read MoreA division of Sallie Mae, Arrow Financial is a receivables management firm. As such, part of its business functions includes debt collection. Arrow collects on behalf of the utilities, student loans, telecommunications, credit card and auto deficiencies industries. Headquartered in...
Read MoreUnmanageable debt has become a way of life for a majority of Americans. Even as our government struggles to survive its own massive deficits, it is not surprising that we as individuals often have difficulty meeting our credit card payments,...
Read MoreShould Facebook be off-limits for debt collectors on the prowl? One Florida woman thinks so. Melanie Beacham, of St. Petersburg, Fla., filed a complaint against MarkOne Financial, LLC, alleging that employees of MarkOne harassed her and her family members over Facebook to...
Read MoreFrom Fox & Friends–Debt collectors are doing all they can to find you, even searching Facebook. A must-see.
Read MoreThird party debt collectors break the law by violating the Fair Debt Collection Practices Act (FDCPA). The FDCPA is enforced by the Federal Trade Commission (FTC) to direct and monitor debt collection practices by third party collectors. The FDCPA has...
Read MoreA jury in Texas handed down $1.5 million in punitive damages against a collection agency that was caught on tape leaving abusive and racially charged messages while attempting to collect a debt. Watch the video below for details: Are you...
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