CFPB Will Enforce Laws Holding Collectors Accountable for Collecting & …
Harvey L. Rochman & Bryan Schneider
As part of the Biden administration’s focus on enforcement of the No Surprises Act (NSA), the Consumer Financial Protection Bureau (CFPB) has issued a bulletin (the Bulletin) indicating that it will closely review the practices of those engaged in the collection or reporting of medical debt, will hold debt collectors...
READ MOREBiggest Banks Say Consumers Are Eager to Spend & Borrow
Top executives at the biggest U.S. banks have been optimistic about the nation's economic outlook this earnings season, pointing to…
NINTH CIRCUIT Holds LiveVox HCI is not an ATDS in Unpublished Decision
In a short opinion out yesterday–that is, unfortunately, non-binding authority because it was not published– the Ninth Circuit Court of…
Collector Wins Summary Judgment Based on Name Provided By Its Client
Finding that the defendant debt collector was entitled to rely on the information provided by its client about the name…
Credit Report Coercion Forces Payment Says CFPB Director Chopra
“Too many Americans have been shocked by surprise medical bills and forced to pay up through credit report coercion,” said…
Anatomy of a Credit Card Debt Lawsuit
Almost everyone has had financial trouble at some point in their life. This often takes the form of taking out…
No More Old Medical Debt Available in Tulsa
After a local campaign erased nearly $41 million in medical debt for more than 36,000 Oklahomans, the fundraising is coming…
CFPB Sues Colorado Collection Execs for FDCPA Deceptive Practices
The Consumer Financial Protection Bureau sued three executives of a Colorado debt collection firm for allegedly selling debts to third-party…
Consumer Debt in U.S. Surges by a Record $40 Billion
U.S. consumer borrowing surged in November by the most on record, reflecting outsize increases in credit-card balances and non-revolving loans…
Avoiding Contact with the Creditor or Collector Only Works to the Disadvantage of the Indebted Person
Failure to repay debts is a serious problem that affects the lives of indebted people, the functioning of companies, but…
