A federal judge has ruled that debt collection law firms are subject to the rules of the Fair Debt Collection Practices Act in cases dealing with mortgage foreclosures.
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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
“Im at a loss for words with this one…completely despicable”
SAN JOSE, Calif. and BRECKENRIDGE, Colo., Feb. 1, 2018 /PRNewswire/ — Innovus Consulting Services, an international consulting company in the fields of cybersecurity and digital transformation, along with Silicon Valley analytic software firm FICO announced today that Innovus has joined the FICO® Enterprise Security Score partner program. Through the partnership, Innovus Consulting Services will incorporate the FICO® Enterprise Security Score into its portfolio of solutions and services. The FICO Enterprise Security Score enables Innovus clients to accurately assess cybersecurity risk within their own organization, as well as monitor the risk of their vendors.
When a mother in Springville, Utah, got a medical bill after her son’s surgery, she realized that the health insurance company hadn’t covered the cost of anesthesia, and she couldn’t afford to pay it herself. The debt went into collections, and when she was served a lawsuit, she didn’t answer–meaning that she automatically lost the case, and became responsible not only for the medical debt but the cost of attorney fees.