The Fair Debt Collection Practices Act (FDCPA) was passed in 1977, over forty years ago, at a time when telecommunication technology was in its infancy and the consumer Internet did not exist. Since that time, the technology used to communicate…

Consumer debt climbed to a new record once again in April. The question is how much money can American consumers borrow before the bubble pops? Americans borrowed money at the fastest pace in five months in April, according to the…

The 22 trillion dollar debt that the federal government has accumulated gets most of the attention, but the truth is that we would still be 50 trillion dollars in debt even if the national debt was eliminated somehow. Today, debt…

In a market economy that is based on private property and the rule of law, the efficient and effective enforcement of contracts is indispensable. Without the ability to enforce the promises made between individuals and businesses, any form of transaction,…

WASHINGTON – Markets are racked by turmoil, and there are signs the booming U.S. economy could slow down later this year. Yet the Supreme Court is reckoning with the lingering fallout from the financial crisis that rocked the global economy…

A federal judge in California has granted a motion to dismiss a lawsuit filed against a collection agency that was accused of violating the Fair Debt Collection Practices Act by including the word “settlement” in a collection letter related to…

A federal judge in Illinois has granted a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act by overshadowing a validation notice when it sent a second collection letter during the 30-day…

If you are owed a debt that you have been unable to collect, you can do one of  two things - hire a collection agency or retain a collection law firm to collect it for you. There are significant differences between…

The Bureau of Consumer Financial Protection (BCFP or Bureau) released its Complaints Snapshot for October 2018. The snapshot covers complaints received by the Bureau between January 1, 2015 and June 30, 2018. In total, 494,540 complaints were received between January 2017 and…

Nearly one-in-three individuals with a serious health problem have been contacted by a collection agency because of an unpaid medical debt, according to a study that was released by the Harvard University School of Health, The New York Times, and…