CFPB Issues Final Regulation F Debt Collection Rules – Debt Settlement

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The Consumer Financial Protection Bureau (CFPB) has published the final rules that modify the Fair Debt Collection Practices Act. These rules amend Regulation F, 12 CFR part 1006, which implements the FDCPA. If you really want to take a deep dive into the changes, read CFPB Updates Fair Debt Collection Practices Act – What You … Read more

CFPB Updates Fair Debt Collection Practices Act – What You Need to Know

The Consumer Financial Protection Bureau (CFPB) has issued its final rule to update the Fair Debt Collection Practices Act (FDCPA). The FDCPA provides the framework of rules that serve to protect consumers from abusive debt collection practices. [November 30,2020 – The final rules were published here.] The CFPB states the following important changes are part … Read more

Can Creditors Still Contact Me After I Enroll in a Debt Relief Program?

Question: Dear Steve, Loss of income, just need some relief. Once you enter the debt relief program, are creditors still allowed to contact you? Curtis Answer: Dear Curtis, While your question is missing a lot of detail and information, you raise a great question. The answer is not as easy as you would hope. I … Read more

Do You Think This Court Ruling Open Debt Settlement Companies Up for FDCPA Issues?

Following decisions by the Fifth, Sixth, and Seventh circuits the Third Circuit has just issued an opinion that says if a creditor accepts a settlement offer on a time-barred debt it can violate the Fair Debt Collection Practices Act. The issue is if, or when, a debt settlement company who participates in facilitating such a … Read more

The Debt Collection Firms Hate the CFPB Today

WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is taking action against two medical debt collection law firms and their president for falsely representing that letters and calls were from attorneys attempting to collect on a debt when no attorney had yet reviewed the account. The law firms also did not ensure the … Read more

Did a Debt Collector Tell You Your Student Loans Could Not Be Discharged in Bankruptcy? Read This Now!

I was just reading a recent document filed by the Consumer Financial Protection Bureau (CFPB) in another case. It brought up a point I hear all the time from people. If you are the subject of any debt collection activity over student loan debt you should listen very carefully for the debt collector to say … Read more

A Day In the Life of A Debt Collector

An Account From a Real-Life Collector I arrive at work with a long list of people to call, knowing that if all goes well, I may call 125 people today. Today, I’ll hear stories of businesses gone sour, failed marriages and terrible illnesses. I’ll hear outright lies: “The check’s in the mail,” or “The stamp … Read more

Having Problems With a Debt Collector. Affordable Legal Help Available Here.

One of the common requests I hear from readers is for legal help with issues surrounding their debt problems when they feel they’ve been hurt or abused by a debt collector. In the past I’ve always referred people to the National Association of Consumer Advocates and the GetOutOfDebt.org legal friends and protectors to find an … Read more

The Collection Agency Knows I’m Not Responsible But They Keep Trying to Collect. – Jonathan

“Dear Steve, I have a medical bill thats on collection that doesn’t belong to me. I tried to dispute but the only one of the credit bureau. Its a medical for a doctor, i never been to. When i call the collection agency, they told me its for a yessenia torres, when she took her … Read more

Does the FDCPA Protect Me Even if I Don’t Owe a Debt?

The following guest post was contributed by Jeremy Golden. Jeremy Golden, Esq. is one of the resident debt experts here at GetOutOfDebt.org that helps people for free. Jeremy is a consumer rights attorney licensed to practice in California. He represents individuals in cases against debt collectors for violations of the FDCPA. He also focuses on … Read more

Free FDCPA and Debt Collection Violation Help Now Available from GetOutOfDebt.org

I’m happy to announce that attorney Jermey Golden has recently joined the team of growing experts here at GetOutOfDebt.org. Jeremy is an expert in Fair Debt Collection Practices Act issues, debt collector abuse and debt collection violations. Jeremy Golden, Esq. is one of the resident debt experts here at GetOutOfDebt.org that helps people for free. … Read more

Fair Debt Collection Practices Act Provides New Business Opportunities To Some Lawyers

The 1977 federal law to protect consumers from abusive debt collectors, better known as the Fair Debt Collection Practices Act (FDCPA) has molded a profitable business opportunity for some lawyers. Some lawyers are using the law as a tool for lawsuits which results in some cases avoiding litigation in favor for quick settlements. Colorado has … Read more

Robert Lock, Esq Facing Being Disbarred for Debt Relief Activities

Well it looks like yet another attorney is on the verge of being disbarred for debt relief activities. This time it is Robert Lock, Esq from CCDN. His debt validation activities and sharing fees for referrals with non-lawyers is a critical part of the action against him by the Illinois Attorney Disciplinary Commission. BEFORE THE … Read more

Does the Wave of Fair Debt Collection Practice Act (FDCPA) Suits Benefit Consumers or Lawyers?

A tipster (send in your tips here) forwarded to me an article about Thomas Lyons, Esq. in Minnesota who was disbarred in 2010 for filing suits under the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). While there is a need for consumers to have recourse in bringing legal suits … Read more