There are no criminal penalties for violation of the Fair Debt Collection Practices Act. It is enforced through civil suits brought by consumers against debt collectors. The Fair Debt Collection ...

CFPB says that in 2022 there were 1.7 million adults in U.S. who were widowed in the past 12 months. Average age was 71 and ...

You can directly dispute debts with a debt collector by requesting debt validation within 30 days of first contact. To do this, you'll write a detailed letter demanding proof that you owe the debt and ...

California’s new debt collection law is set to shake up the commercial finance industry, imposing strict consumer-style protections on small business loans. With hefty restrictions on collection ...

Debt collectors cannot discuss your debt with anyone other than you, your spouse (in some cases) or your attorney. They cannot leave messages with co-workers, relatives or friends disclosing that you ...

If you're behind on debt payments, your lender might send you to collections. And while the harassing phone calls and ...

California's new SB 1286 amendment broadens the Rosenthal Fair Debt Collection Practices Act, extending certain consumer protections to individuals with commercial debt under $500,000. Creditors, ...

I f you owe money to a creditor and fall behind on payments, you may start receiving calls from a debt collector. Debt collectors have the right to use numerous channels to contac ...

Creditors cannot have you arrested for credit card debt, but they can sue you for payment. If sued and you do not respond, a ...

In a recent decision, the U.S. Court of Appeals for the Sixth Circuit affirmed the dismissal of federal claims brought by a ...