Sunday, February 5, 2012



fair credit reporting act fcra

fair credit reporting act fcra
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fair credit reporting act fcra

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fair credit reporting act fcra

Civil Suits Against ARM Companies Soar in 2009: U.S. Courts

by Collection Agency Software

Civil lawsuits brought by consumers against debt collectors, debt purchasers and other credit reporting agencies increased 52.5 percent in Fiscal Year 2009, according to data released Tuesday by the Administrative Office of the U.S. Courts. The court statistics show that in the year ended Sept. 30, 2009, 6,463 civil cases filed in U.S. District courts [...]

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New Financial Regulatory Law to Impact the Debt Collection Industry

by Collection Agency Software

MINNEAPOLIS – With the financial regulatory reform bill now signed into law by President Obama, the debt collection industry braces for the anticipated impact of this broad and complex legislation. "We are disheartened by provisions in the financial regulatory reform bill that are all-inclusive without a clear understanding by lawmakers of the impact of their [...]

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FDCPA Plaintiff Attorney Suspended From Practicing Law by State

by Collection Agency Software

The body that governs attorneys in Minnesota has suspended a lawyer known for being an active litigator of cases against accounts receivable management companies. The Minnesota Supreme Court has indefinitely suspended Thomas R. Lyons, Jr. from practicing law in that state. He will not be eligible to petition for reinstatement for 12 months from the [...]

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ACA International Files Comments on FTC Proposed Rule

by Collection Agency Software

Last week, ACA International submitted comments in response to the Federal Trade Commission's (FTC) proposed rule and request for comment on the Summary of Rights and Notices of Duties under the Fair Credit Reporting Act (FCRA). ACA is opposed to the current user notice being used by the FTC because it is too restrictive in [...]

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Cbcs Collection Agency

by Collection Agency Software

CBCS, otherwise known as CBCS National, is a collection agency based out Columbus, Ohio. CBCS is a leader in the collection industry. They are known for illegally trying to collect on accounts that are out of the statute of limitations. They typically send letters stating that you owe them money. They will also call you [...]

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