Zombie debts have come back with a vengeance. Debt buyers pull these expired obligations out of cold storage and often use abusive and illegal tactics to collect. Zombie debts generally started out as ...
Even if your business has the best credit policies, you still should anticipate delinquent and unpaid customer accounts as a cost of doing business. While collection efforts on certain customers may ...
* When it comes to consumer concerns, debt collection remains the top complaint most often reported to the Consumer Financial Protection Bureau (CFPB). Two newly-released CFPB reports reveal which ...
On January 28, 2016, the Consumer Financial Protection Bureau (CFPB) published its monthly consumer complaint snapshot, identifying the most recent trends in consumer complaints about various ...
Credit card billing and fee disputes and aggressive tactics to collect credit card and other debts remain among the top complaints of American consumers, despite new initiatives to protect cardholders ...
It's bad enough trying to squeeze $102 out of a guy who doesn't owe you. But relentlessly harassing him fixes you firmly in the Rogue pantheon. That appears to be the case with Debt Recovery Solutions ...
The U.S. government's consumer financial regulator warned debt collectors July 10 to stop using forbidden tactics, and gave consumers new tools to communicate with collectors and fight shakedowns. The ...
Abstract: United States: Consumer Financial Protection Bureau provides sample disclosure language and guidance regarding its new rule imposed upon debt collectors of landlords. Debt collectors, as ...
WASHINGTON — As the Internal Revenue Service prepares to implement a new program that sends private debt collection agencies after delinquent taxpayers, critics -- including several lawmakers and the ...