DEBT BUYER

debt collector fdcpa

When is a Debt Collector Not a Debt Collector?

A federal court has addressed the issue of when a company that calls itself a debt collector might not actually qualify a “debt collector” under the Fair Debt Collection Practices Act (FDCPA). The issue boils down to the definition of debt collector used in the FDCPA....

Time-barred debts

Pros and Cons of Paying Time-Barred Debts

The Consumer Law & Policy Blog opened up a discussion on when consumers should pay time-barred debts, or debts that are otherwise barred by the statute of limitations. In Massachusetts, the statute of limitations on contract debt, such as credit cards or medical bills, is usually...

Current Trends in Consumer Lawsuits by Junk Debt Buyers

Banks are selling their worst accounts to junk debt buyers who often have little documentation of their actual ownership of those accounts. But, this is generally hidden from the public, says a recent article published by Professor Peter A. Holland. A debt buyer is a type...