CFPB Files Notices Related to Information Requests, Complaints

The Consumer Financial Protection Bureau published a notice this week in the Federal Register to collect comments on its request for approval of a consumer response intake form under the Paperwork Reduction Act. Collection & Credit Risk

By |2014-12-31T20:12:46-06:00December 31st, 2014|FDCPA|Comments Off on CFPB Files Notices Related to Information Requests, Complaints

Collection Lawsuits, Industry Complaints Drop in November

Fair Debt Collection Practices Act lawsuits dropped to a more typical 713 cases (including 66 class action cases) filed in November after a spike to more than 900 in October. Fair Credit Reporting Act lawsuits decreased to 173 (including 14 class action cases) in November from more than 225 a month earlier. Collection & Credit [...]

By |2014-12-29T20:18:00-06:00December 29th, 2014|FCRA|Comments Off on Collection Lawsuits, Industry Complaints Drop in November

Collection Complaints, Lawsuits Rise in October

Complaints against debt collection companies logged with the Consumer Financial Protection Bureau rose in October, as did lawsuits citing alleged violations of the Fair Debt Collection Practices Act and Fair Credit Reporting Act. Collection & Credit Risk

By |2014-11-29T08:25:15-06:00November 29th, 2014|FDCPA|Comments Off on Collection Complaints, Lawsuits Rise in October

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