On October 30, 2020, the CFPB published its long awaited Final Debt Collection Rule (the “Rule”) which is intended to interpret the federal Fair Debt Collection Practices Act (the “FDCPA”) and clarify ...
Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...
Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...
A little-known fact about consumer debt: It often has a statute of limitation, which means debt collectors can’t sue borrowers to recover the payments after a specified amount of time. When this ...
Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...
Physicians at Charlottesville-based University of Virginia Health System have penned a letter to Kaiser Health News saying they are dismayed by revelations about the health system’s billing and ...