A Michigan debt collection agency faces potential liability after one of its employees allegedly accused a woman of being a liar in a phone call to collect a $1,600 medical bill.
With huge numbers of students facing crushing debt and national student loans surpassing credit card debt, some lawyers have found a new niche: representing clients hounded by student loan creditors, debt collectors and loan servicers.
A collection letter was rendered deceptive under the Fair Debt Collection Practices Act by the inclusion of confusing language directing a consumer to “please call” if he had any questions about his debt, the 3rd U.S. Circuit Court of Appeals has ruled in reversing a dismissal.
A prevailing defendant in a Fair Debt Collection Practices Act case could be awarded costs without a finding that the lawsuit was brought in bad faith and for the purpose of harassment, the U.S. Supreme Court has ruled 7-2.
Over the past 12 months, the Federal Trade Commission has brought or resolved cases against four debt collectors that allegedly used deceptive or abusive tactics to intimidate consumers, according to a new report by the agency.
A law firm that filed an action to foreclose on a mortgage engaged in “debt collection” subject to the requirements of the Fair Debt Collection Practices Act, the 6th Circuit has ruled in reversing a dismissal.
A property management company that collected unpaid assessments on behalf of a homeowners association was not subject to the requirements of the Fair Debt Collections Practices Act, the 11th Circuit has ruled in affirming judgment.
An Oregon car dealership learned yesterday that it is stuck paying $100,000 in punitive damages to a car buyer who suffered only $500 in economic harm from the dealership’s unlawful collection practices.
Some lawyers engaging in debt collection will now be supervised by the Consumer Financial Protection Bureau pursuant to a new rule promulgated by the agency.
It will be the first time lawyers are subject to oversight by a federal agency.
An assessment owed to a condominium association qualifies as a “debt” under the Fair Debt Collection Practices Act where the owner bought the property for his personal use and now leases it, the 6th Circuit has ruled.