The availability of affordable credit is based on an important concept: credit is a promise to repay. In a perfect world, the credit “ecosystem” would only consist of creditors and consumers who repay ...

The Fair Debt Collection Practices Act, 15 U.S.C. §§ 1692 et seq. (the “Act”) imposes civil liability on debt collectors for certain prohibited debt collection practices. A debt collector who fails to ...

Question: I am just getting started as a consumer debt collection attorney, is there anything I should be aware? A: You are a target if you do not strictly follow the Fair Debt Collection Practices ...

A putative class action based on a collection letter's alleged misinformation about the debt's effects on credit rating is headed to discovery, thanks to a Newark federal judge's ruling. U.S. District ...