Debt Collection News RSS Feed

Debt collection refers to the work done to recover balances from credit accounts that are past due. Most commonly, debt collection specifically references third party debt collectors whose clients include banks, credit card issuers and other credit grantors, debt buyers, governments, and any organization that extends credit or owns an account where a balance is due. Collection methods traditionally include phone calls from call center agents, e-mails, and letters, and increasingly, SMS text. If an account remains in arrears after these efforts, the collection agency may contract with a collection attorney to file suit to recover the debt, if the collection agency is not positioned to do so.

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Drawing of a school of white fish against a green background [Image by creator maxsattana from AdobeStock]

Attorney's Abandonment of Cases Calls into Question His Adequacy as Class Counsel

17 March 2020
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7th Cir. Rejects Plaintiff’s FDCPA Arguments Regarding ‘Consumer’ Debt

16 March 2020
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ERC Wins Sanctions Against Plaintiff and Plaintiff's Counsel, Court Awards Debt Collector its Defense Costs and Fees

11 March 2020
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Complexity of Calculating Out of Stat Date Rears its Head in Maryland Court Decision

9 March 2020
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Time-Barred Debt SNPRM Comment Clock Starts Ticking

2 March 2020
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The Impact of the CFPB's Supplemental Proposed Rulemaking for Time-Barred Debt Disclosures is Greater Than What Appears

27 February 2020
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Quick FDPCA Stats from the iA Case Law Tracker

27 February 2020
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CFPB's Winter 2020 Supervisory Highlights Briefly Mention Debt Collection

18 February 2020
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Whitepaper on Debt Collection Released by the Conference of State Bank Supervisors

13 February 2020
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Judge Cancels $2.5M Jury Verdict Against Lexington Law, Instead Grants Judgment for the CRO

10 February 2020
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House of Representatives Passes New Credit Reporting Legislation

30 January 2020
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Idaho Seems Set to Review Legislative Proposal That Would Limit Medical Debt Collection

30 January 2020
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He's Back: Cordray Working with California on Mini-CFPB

29 January 2020
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New Jersey Bill Proposes Income-Based Repayment for Medical Debt

27 January 2020
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Big Week in the 7th Circuit: Settlement Offers, Envelopes, Creditor ID, and More

23 January 2020
File drawer with one folder in focus, labeled "Court Decisions" [Image by creator tashatuvango from AdobeStock]

6th Cir. Holds Consumer Lacks Standing to Assert ‘Meaningful Involvement’ Claim, Not Every Technical Violation is Redressable

23 January 2020
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Collection Oversight Expanding from Coast to Coast: Calif.’s Mini-CFPB and N.Y.’s Debt Collector Licensing

16 January 2020
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2020: What’s on the Horizon for the Debt Collection Industry

6 January 2020
Photo of dice with letters forming the words "rules and regulations" [Image by creator anyaberkut from AdobeStock]

Supplemental NPRM for Time-Barred Debts Coming "Very Early in 2020"

19 December 2019
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Credit Reporting Issues Highlighted in the FTC's and CFPB's Workshop

12 December 2019

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