Search for: "Debt Buyers Association"
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14 Dec 2011, 7:05 pm
Multiple transfers amongst debt buyers of a particular debt lower the likelihood that the current debt buyer will have a valid assignment in admissible form. [read post]
5 May 2010, 6:11 am
Wilhelm, West, Kacey & Associates, a debt buyer, agreed to cancel debts totaling $178,559.00. [read post]
22 Jun 2017, 11:24 am
Portfolio Recovery Associates LLC is a buyer of charged off debt. [read post]
3 Nov 2015, 7:05 pm
Ever since I have been practicing in the bankruptcy/debt arena, I have seen junk debt buyers like Midland Funding, Portfolio Recovery Associates, Merchants Credit Association and Renton Collections file debt collection lawsuits on accounts where the amount is relatively small – some for amounts less than $1,000. [read post]
9 Jul 2015, 11:52 pm
Chase must also prohibit debt buyers from reselling debt and is barred from selling certain debts. [read post]
8 Mar 2009, 11:09 pm
I'm not sure in this environment that this strategy will stop many collectors or debt buyers but its worth a try as it flows perfectly into one major strategy of defending a junk debt buyer lawsuit (Midland, LVNV, Asset Acceptance, Unifund, etc) filed by a local collection lawfirm (Zarzaur & Schwartz, Nathan & Nathan, Nadler & Associates, etc) - make the debt buyer prove it owns the debt. [read post]
16 Jul 2014, 6:49 am
Hanna & Associates and its three principal owners "for operating a debt collection lawsuit mill that uses illegal tactics to intimidate consumers into paying debts they may not owe. [read post]
9 Aug 2012, 1:53 pm
In this case[1], before the court on the plaintiff's motion for summary judgment for violations of the Fair Debt Collection Practices Act ("FDCPA"), debt buyer Portfolio Recovery Associates had sent to approximately 990 debtors a "pre-suit package" comprised of a cover letter on the letterhead of the "Litigation Department" of Portfolio Recovery, and signed by an attorney, with a set of draft pleadings attached. [read post]
1 Feb 2019, 8:19 am
Portfolio Recovery Associates is one of the most active debt collectors in Minnesota. [read post]
5 Nov 2017, 6:02 am
The sweeping conclusion that availability of credit will be reduced because national banks may find it more difficult to resell bad debt (that is currently being sold in bulk to debt buyers at fire sale prices) is simply unwarranted. [read post]
5 Nov 2017, 6:02 am
”Midland Funding LLC and similar nonbank debt buyers acquire charged-off debt at pennies on the dollar and therefore do not provide a means for the originating bank to “liquify their debts” and make capital available for further lending. [read post]
11 May 2011, 2:00 am
For example, debt buyer Portfolio Recovery Associates (NASDAQ: PRAA) recently released its first quarter earnings. [read post]
6 Dec 2023, 5:46 pm
“Zombie debt collectors” refer to collection agencies or debt buyers that attempt to collect on old, often expired, or previously settled debts that may no longer be legally enforceable. [read post]
24 Oct 2012, 2:42 pm
Portfolio Recovery Associates, the appellate court upheld a lower court’s injunction preventing the debt buyer from calling consumers’ cell phones in violation of the Telephone Consumer Protection Act. [read post]
1 Oct 2020, 9:30 am
The goal of SB 908 is to add new a layer of regulatory oversight over debt collectors and debt buyers already subject to state law, but not currently subject to licensure. [read post]
22 Jul 2014, 7:44 pm
The firm collects debts on behalf of credit card issuers and debt buyers, according to reports. [read post]
7 Dec 2013, 1:51 pm
Defaulted accounts are sold to debt buyers such as CACH, LLC and Converging Capital LLC, which sue on such accounts in Texas. [read post]
10 Nov 2021, 10:02 am
On October 29, the New York Department of Financial Services issued proposed amendments to 23 NYCRR 1, its regulation titled “Debt Collection by Third-Party Debt Collectors and Debt Buyers. [read post]
8 Jan 2010, 6:58 am
A consumer filed a lawsuit against Evans Associates, a junk debt buyer of old, defaulted consumer debts, accusing it of violating the Fair Debt Collection Practices Act (FDCPA). [read post]
7 May 2015, 8:36 am
But this only affects debt buyers. [read post]
