Debt Collection News

Debt collection refers to the work done to recover balances from credit accounts that are past due. Most commonly, debt collection specifically references third party debt collectors whose clients include banks, credit card issuers and other credit grantors, debt buyers, governments, and any organization that extends credit or owns an account where a balance is due. Collection methods traditionally include phone calls from call center agents, e-mails, and letters, and increasingly, SMS text. If an account remains in arrears after these efforts, the collection agency may contract with a collection attorney to file suit to recover the debt, if the collection agency is not positioned to do so.

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ACA International Publishes Dispute of CFPB Consumer Survey

1 March 2017

Collection Letter Containing Check Box to Dispute Debt Created Potential FDCPA Claims, Federal Court Rules

1 March 2017

Wells Fargo to Settle Two Separate TCPA Class Actions Totaling Over $17.7M

28 February 2017

CFPB Hosts Webinar Today About Consumer Debt Collection Survey

23 February 2017

Industry Group Tells CFPB to Support Consumer's Right to Financial Data Access; Don't Forget Accounts in Collection!

22 February 2017

[Image by creator iQoncept from AdobeStock]

FTC Announces $700,000 Settlement with Debt Collector

15 February 2017

District Court Rules FDCPA Plaintiff Not Entitled to Second Bite of the Apple

14 February 2017

Court Rules 125 Calls in 135 Days is Not FDCPA Violation

9 February 2017

With Second Decisive Win, Stellar Solidifies Prior Milestone Victory Establishing Dialing System is TCPA Compliant

8 February 2017

FTC Announces Director of Consumer Protection Bureau Jessica Rich Will Step Down

7 February 2017

Consumer and Collector Groups Work Together to Offer Spanish Version of Free Consumer Guide to Responding to Legitimate Debt Collectors, Avoiding Scams

7 February 2017