Thursday, March 22, 2018

House Committee Approves Legislation to Amend FDCPA and Regulations of Debt Collection Attorneys

“as “”anti-collection agency abuse”” and I am, I actually don’t disagree with this, in spirit.  Attorneys, if specifically engaged in the practice of “litigation activities” should not have to adhere to the FDCPA.  If im understanding this correctly, that would not include Attorneys who are simply attempting to collect debts, and those practices would fall under the FDCPs guidelines.  I am interested to see how this plays out”

The United States Capitol building with the dome lit up at night.

The United States Capitol building with the dome lit up at night.



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Friday, March 16, 2018

How Equifax Kept Its Mega Breach Secret From Its Own Staff

Did Equifax keep the massive 2017 data breach hidden from some of its own staff? That’s just one claim dropped by the SEC in its complaint against a former executive, international chief information officer Jun Ying, who’s been accused of insider trading after he sold stock just before the massive hack affecting 147 million individuals was publicly disclosed.

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Tuesday, March 13, 2018

Debt Collection Law Firms Must Follow FDCPA in Foreclosure Cases, Court Says

Debt-Collection-Article-201711101950



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Thursday, March 1, 2018

Collection Letter Making Settlement Offer for Time-Barred Debt Can Violate FDCPA Without Legal Action Threat, Third Circuit Rules

A letter sent to collect a time-barred debt that makes a settlement offer can, even without a threat of legal action, violate the Fair Debt Collection Practices Act’s (FDCPA) general prohibition against a debt collector’s use of “any false, deceptive, or misleading representation or means in connection with the collection of a debt,” the U.S. Court of Appeals for the Third Circuit has ruled. The decision is a reminder of the need for debt collectors to review with counsel scripts, letters, and other communications used to collect time-barred debts.https://www.natlawreview.com/article/collection-letter-making-settlement-offer-time-barred-debt-can-violate-fdcpa-without



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