In Dorrian v. LVNV Funding, LLC, the SJC reversed the Superior Court by holding that passive debt buyers are not debt collectors and, therefore, need not be licensed by the Massachusetts Division of Banks (“DOB”).
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The Department of Education (ED) told the U.S. Court of Federal Claims last week that it expects to notify the parties by May 4th as to the course of action it will take in the private debt collection contract matter.