When a debt collector calls Philadelphia Inquirer
I say ostensibly because consumers sometimes don't even agree they owe the debt in question - just one of the things that makes the collections process so thorny. Another is the practice of selling and reselling debt, often for less than five cents on the dollar, that is now central to many companies' business models.
For perspective on the collection industry, I spoke with Harry Strausser 3d, president of Remit Corp., a family-owned Bloomsburg, Pa., collection firm. I also spoke with Michael Donovan, a Philadelphia consumer lawyer who has challenged collectors - though never Remit Corp. - in lawsuits.
Strausser, president of the Mid-Atlantic Collectors Association and past president of its parent group, ACA International, blames the industry's biggest problems on "a handful of rogue operators" - such as the Erie, Pa., company, Unicredit America Inc., that created a mock courtroom to take consumers' depositions until it was shut down last year by the Pennsylvania Attorney General's Office.
Fair Debt Collection Practices Act (FDCPA) explained: Violations and remedies.
File a Telephone Harassment Report at centenniallawoffices.com if you are receiving harassing calls from a debt collection company. Watch this ...
New Victims of the Struggling Economy: Debt Collectors?
By Nicholas Pell You won’t likely shed any tears over this: Being a debt collector is harder than ever. While most Americans want to get out of debt using a debt management plan or debt consolidation, many can’t afford the payments right now. This complicates the debt collection process. Debt collectors aren’t dealing with deadbeats [...]
the fair debt collection practice act - News
|
How debt collection abuse attorneys aid delinquent debtors Violations pertaining to the Fair Debt Collection Practices Act include calling you persistently; calling you before 8a.m. and after 9p.m.; disclosing your and more » |
Collection company settles harassment allegations
Under the Federal Fair Debt Collection Practices Act and the New York State debt collection and consumer protection laws, companies are not allowed to pose New York Settles Charges Against Debt Collectorall 10 news articles »
|
Dodd-Frank Act: Bureau of Consumer Financial Protection
Reuters IndiaThis exclusion does not apply to any credit transaction or collection of debt by a merchant, retailer, or seller, when such person is “engaged Consumer privacy issues abound in the Dodd-Frank Wall Street Reform and all 91 news articles »
|
|
Protect yourself from debt collectors If you are being harassed, you are protected under the Fair Debt Collection Practices Act. Illegal collection tactics include everything from threatening to and more » |
|
TURULL v. FERGUSON Chapter 12 of the Texas Civil Practice and Remedies Code, fraud, fraud in the inducement, and violation of the Texas Fair Debt Collection Practices Act. |
