Debt Collection News

Collections & Recovery

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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Federal Reserve Report Affirms Importance of Debt Collection in the Credit Ecosystem

5 July 2017

Are Significant Changes To Class Actions On The Horizon? (Part Two)

29 June 2017

FDCPA Case Law Review for April and May 2017

28 June 2017

Maine Adopts New Law for Debt Buyers

21 June 2017

$200 Debt Turns into $500 Jury Verdict …and $36,000 in Attorney Fees

20 June 2017

ED RFP Litigation Continues Even While RFP “Do-Over” is in Progress

15 June 2017

WV Supreme Court Rules in Favor of Debt Collector on Call Volume

14 June 2017

U.S. Supreme Court Holds Debt Purchaser Collecting Its Own Debt Is Not Subject to FDCPA

13 June 2017

Federal Court Dismisses Class Action Alleging Solicitation for Payments on Time-Barred Debt is "Misleading" Under FDCPA

13 June 2017

Why the CFPB’s Decision to Change Course on Debt Collection Rulemaking is a Very Big Deal

12 June 2017

CFPB To Intertwine "Right Consumer, Right Amount" Creditor and Debt Collector Rules

8 June 2017

Court Sides With Collector on Out-of-Stat Disclosure

7 June 2017

Motions for Summary Judgment Denied in Case of Collection Letter That Failed to State Interest Would Accrue

6 June 2017

Collection Letter That Failed to State Interest or Fees No Longer Accruing Does Not Violate FDCPA

5 June 2017

Bock v. Pressler Returns; Court Rules Again for Plaintiff

1 June 2017

No Documented Procedures, No Bona Fide Error Defense

18 May 2017

U.S. Supreme Court Rejects FDCPA Liability in Bankruptcy Proceeding

17 May 2017

Project Launches to Test New Kind of Self-Help for Consumers Who are Sued for Debt Collection

15 May 2017

BREAKING NEWS: Supreme Court Rules in Favor of Debt Collector

15 May 2017

Another "Tax Consequence" Case, Another Decision - This One Positive for Collectors

15 May 2017