The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...
Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy. Recently, consumers in the area ...
Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...
Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...
Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...
Keys to collecting debt legally and successfully include preparing a policy and procedure manual and a credit application form. Attempting to Collect a Debt A measured approach to debt collection is ...
On October 29, 2021 — just 32 days prior to the November 30, 2021 effective date — the Consumer Financial Protection Bureau (CFPB) released new guidance regarding the debt validation notice ...
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Student loan relief ends now as debt collection kicks back in
The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, ...
NORFOLK, Va. — Norfolk Commonwealth's Attorney Ramin Fatehi announced a change to how court debt will be collected, overall decreasing fees. Under current Virginia law, Commonwealth’s Attorneys are ...
Could your debt be reduced or forgiven? Take our financial relief quiz. When you let credit card payments, loan payments and other bills go unpaid for long enough, debt collectors eventually come ...
Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy. Recently, consumers in the area ...
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