News

JD Supra2d
NYC’s amended debt collection rules effective this October
Recently, the NYC Department of Consumer and Worker Protection (DCWP) published an FAQ document providing guidance on amended rules for ...
CBS News7d
Should I pay off debt collectors with my tax refund?
More and more Americans are finding themselves stuck dealing with collection debt. According to a recent study from TransUnion, more than half of all debt collectors saw their number of accounts ...
Business Insider12d
What is debt collection? Why your debts are in collections and how to deal with debt collectors
If you own debt that you haven't paid for months, your debt could fall into the hands of a collection agency. Collection agencies will attempt to recover the money owed via email, phone ...
USA Herald11d
CFPB to Pull Medical Debt Opinion, May Ax Nonbank Registry
The Consumer Financial Protection Bureau CFPB announced today that it plans to revoke recent guidance aimed at regulating ...
CBS News1mon
How long does a credit card debt collector have to resolve a dispute?
they aren't legally required to stop collection activities while doing so. That said, the Consumer Financial Protection Bureau (CFPB) guidance suggests debt collectors provide verification ...
JD Supra2d
CFPB to revoke its medical debt advisory opinion
On April 11, the CFPB stated in a court filing that it plans to revoke its advisory opinion on medical debt collection from October 1, 2024.