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Tag Archives: Debt Collection Lawsuit

How To Reduce Debt Buyer Collection Lawsuits


Last week the CFPB and the FTC held a workshop to address what happens to unpaid debts at different stages of the debt collection cycle. The workshop brought together state and federal regulators, economists, major banks, debt collection agencies, debt buyers, consumer advocate attorneys, technology companies, members of the judiciary, credit reporting agencies, and more. The workshop was aptly titled ... Read More »

    People Finding Success in Fighting Back Against Credit Card Lawsuits

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    “All debt collection is under the microscope,” said Chris DeRitis, Ph.D., a consumer credit expert at Moody’s Analytics, a West Chester economic research and consulting firm. “A lot of this debt gets traded three, four or five times. It’s a messy business.” The issue has similarities to abuses in the foreclosure process that led to the 2010 “robo-signing” scandal, in ... Read More »

      I Live in North Carolina and Getting Sued for an Old Credit Card Debt. – Rosalind

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      “Dear Steve, I have a bill with a credit card company it is with a collection agency. I live in North Carolina. I was paying on it. The credit card company is suing me for $636.00. I don’t have a job right now, but I’m still looking for one. They even sit the sherriff with papers about taking my propery. ... Read More »

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