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On October 1, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion aimed at debt collectors and emphasizing their obligations under the Fair Debt Collection Practices ...

On November 4, 2024, the FTC an nounced that it had filed suit against a Georgia-based debt collector for engaging in allegedly deceptive and abusive debt collection practices, in violation of the FTC ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Collection agencies are allowed to reach out to borrowers through calls, ...

New York (CNN) — The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB ...

The CFPB's most recent supervisory highlights report suggests that some familiar industry players can't seem to stay on the straight and narrow. The Consumer Financial Protection Bureau (CFPB) ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

At a time when the debt collection industry is grappling with compliance challenges arising from the use of AI voice agents, ...