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New Debt Collection Regulations Now Effective in Missouri

Attorney General Chris Koster’s two new regulations aimed at protecting Missouri consumers from abusive debt collectors become effective today. The first regulation deems it unlawful to file suits on debt that is beyond the statute of limitations, has been discharged in bankruptcy, or has been declared void or unenforceable by …

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Lawsuit, Complaint Totals Drop in May: WebRecon

There were decreases across the board in the number of lawsuits and complaints filed against debt collectors in May, according to data released today by WebRecon. There were 1, 500 lawsuits filed against collectors in May, alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, …

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Federal Government Proposed Simpler Process for Students Applying for Loan Forgiveness

The Obama administration yesterday issued new rules that will help students with loan forgiveness who were misled or defrauded by their universities. Under the old rules, students could apply to have their student loans forgiven if they could prove that the college or university used illegal tactics to persuade the students to take out financial …

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Debt Collection Rule Sliding Down Priority List at CFPB


If the Consumer Financial Protection Bureau publishes its list of regulatory priorities as though it were the end credits of a movie, then the proposed rule on debt collection is now the third-most important activity being worked on at the agency. The CFPB published its Semiannual Regulatory Agenda in the …

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Schumer Plans Leglsiation To Block Robocalls

Sen. Chuck Schumer [D-N.Y.] is planning to introduce legislation in the Senate that would require telephone service providers offer robo-call blocking technology to all of their customers. Called the Repeated Objectionable Bothering of Consumers on Phones, or ROBOCOP Act, Schumer’s bill mirrors similar legislation that was introduced earlier this year in the …

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Lawyers Discuss Moving Target of TCPA Compliance

Complying with, and trying not to get sued for violating the Telephone Consumer Protection Act continues to be a moving target, but one where the bullseye is only getting bigger and bigger for consumers and plaintiffs attorneys, a trio of experts said during a webinar today. Next month will mark …

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