CONSUMER PROTECTION Peter v. GC Servs. L.P, 310 F.3d 344 (5th Cir. 2002). The Fifth Circuit Court of Appeals held that an envelope used by a collection agency violated the Fair Debt Collection Practices Act FDCPA, 15 U.S.C. sec 1692, because it could lead the recipient to believe it was...
Feb 02, 2003 (The Age - ABIX via COMTEX) The debt collection industry in Australia is thriving as more credit providers outsource collections. According to a report by ABN Amro, debt collection revenue will grow to over $A1bn by 2005, up from $A600m in...
M2 PRESSWIRE-25 August 2000-US FTC: California debt collection agency settles FTC Charges of Fair Credit Reporting Act violations C1994-2000 M2 COMMUNICATIONS LTD RDATE:24082000 The Federal Trade Commission today announced a proposed settlement with a California-based debt collection agency, Performance Capital...
M2 PRESSWIRE-19 April 2002-ACCC: Federal Court declares debt collection agency misled consumers about debts owed to insurance company C1994-2002 M2 COMMUNICATIONS LTD RDATE:19042002 The Federal Court of Australia, Adelaide has declared that the debt collection agency, Waterman Collections Pty Ltd, engaged...
Is the Thirty-Day Period to Request Verification of a Debt a Dispute Period or a Grace Period? Military practitioners often assist legal assistance clients who are in debt and are being contacted by debt collection agencies. To represent these clients adequately, legal assistance attorneys must be intimately familiar with...
WHITE PLAINS, N.Y. -- Debt Resolve, Inc. (AMEX: DRV), the leading provider of patented online collection technology, announced today that it has retained Rubenstein Public Relations as its agency of record. Rubenstein PR will develop and execute an integrated public relations campaign to raise awareness of the company and its...
Sep 28, 2003 (The Sydney Morning Herald - ABIX via COMTEX) Australian listed debt collection agency, RMG, plans to buy $A92m in debt from National Australia Bank. Its managing director, Ron Logan, said the discounted price paid for the debt includes unpaid credit cards,...
The 1977 Senate hearings on proposed debt collection legislation sparked intense debate across the country From the moment Rep. Frank Annunzio (D-IIl.) first proposed the Fair Debt Collection Practices Act in October 1975, members of Congress and the credit and collection industry enjoyed a lively debate on what...
Bangkok Post, Thailand Knight Ridder/Tribune Business News Jan. 9--Commercial banks may charge debt collection fees for overdue credit card customers based only on actual expenses, the Bank of Thailand said yesterday. In a circular issued to local banks, regulators said...
"Every minute of every day" is how often one attorney says illegal debt-collection practices are used against consumers. Debra K. Lumpkins, managing attorney of the consumer unit for Gateway Legal Services Inc., said she has heard some horrendous stories about collection activities -including one about a collector who...
Byline: Lisa Mak Jun 22, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian National Audit Office ANAO has released a report on the effectiveness of the Australian Taxation Office ATO's debt collection. The report, titled "The ATO's Administration of ...
"Every minute of every day" is how often one attorney says illegal debt-collection practices are used against consumers.Debra K. Lumpkins, managing attorney of the consumer unit for Gateway Legal Services Inc., said she has heard some horrendous stories about collection activities -including one about a collector who claimed to be...
Insurer must adhere to Fair Debt Collection Practices Act when pursuing subrogation claim. Hamilton v. United Healthcare of La., Inc., 310 EM 385 (5th Cir. 2002). The Fifth Circuit Court of Appeals held that an insurer's contract-based subrogation claim is "debt," the collection of which is subject to the requirements...
M2 PRESSWIRE-14 October 2005-AUSTRALIAN COMPETITION AND CONSUMER COMMISSION: ASIC, ACCC promote fair debt collection practicesC1994-2005 M2 COMMUNICATIONS LTD RDATE:14102005 The Australian Competition and Consumer Commission ACCC and the Australian Securities and Investments Commission ASIC today issued two jointly produced publications,...
ACA teams with state and regional units to work on state legislative and regulatory issues. In 2007, the credit and collection industry faced new challenges and opportunities. In October, the Federal Trade Commission FTC hosted a debt collection workshop, Collecting Consumer Debts: The Challenges of Change, which brought...
Knight Ridder/Tribune Business News Oct. 19--A DEBT-COLLECTION COMPANY that harassed consumers has agreed to pay a record $1 million fine to settle government charges that it broke federal collection laws. The case, settled a few weeks ago, is a good reminder for...
Gresham, a UK mid-market firm, has backed Mike Cleary, an entrepreneur, for the second time with [pounds sterling]20m ([euro]29m) of second round funding for 1st Credit, a debt purchase and collection business.Barclays Bank also participated. Gresham backed Cleary's CCI debt collection agency in a buy-out in...
M2 PRESSWIRE-8 November 2004-AUSTRALIAN COMPETITION AND CONSUMER COMMISSION: Debt collection: under scrutiny by ACCC and ASICC1994-2004 M2 COMMUNICATIONS LTD RDATE:11082004 The Australian Competition and Consumer Commission and the Australian Securities and Investments Commission today issued a brochure outlining their roles...
