CFPB Issues Guidance to Combat Illegal Medical Debt Collection Practices: The Consumer Financial Protection Bureau (CFPB) has released a guidance aimed at curbing unlawful medical debt collection activities. This guidance specifically targets practices by debt collectors, .... The debt collection scam 2.0 is making the rounds: The Federal Trade Commission reports there were 124,450 reports of debt collection fraud. The Consumer Financial Protection Bureau (CFPB) lists debt collection as creating the second-most consumer ....

The CFPB's First Fourteen Months | Lapin Law Offices

What is debt collection and how does it work?: You shouldn't experience harassment or threats when being contacted for debt collection. If you are, you can file a complaint with the Consumer Financial Protection Bureau, the Federal Trade .... CFPB Intensifies Scrutiny on Medical Debt Collection Practices: On October 1, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion aimed at debt collectors and emphasizing their obligations under the Fair Debt Collection ....

CFPB Takes Action Against Phoenix Financial Services For Illegal ...

Struggling with medical debt? Here’s how a consumer watchdog is taking action to protect patients: Medical debt is a growing issue in the US, with many patients stuck paying bills they may not owe. The Consumer Financial Protection Bureau has taken steps to address these concerns and provide .... When It Comes to Banking, Does It Matter Who Wins the Election?: In the upcoming 2024 election, the stakes are high, and the candidates favor vastly different approaches to financial regulation. Which candidate wins the election matters greatly to everyday banking..

Education And Fair Debt Collection - Creditor Collections Today

Federal regulators tackle illegal medical debt collection tactics: The Consumer Financial Protection Bureau is taking another swing at addressing consumer medical debt, this time addressing families targeted by illegal collection tactics. The advisory opinion .... Harris backs slashing medical debt. Trump’s ‘concepts’ worry advocates | Analysis: Medical debt is no longer a niche issue,” says one health-policy advocate. “It is key to the economic well-being of millions of Americans.” .... Early Experiences Implementing Medical Debt Protection Laws in Colorado, Illinois, Maryland, and New Mexico: Colorado, Illinois, Maryland, and New Mexico — have taken steps to modify billing and collection practices and increase financial assistance to patients. Photo: Antonio Perez/Chicago Tribune/Tribune .... Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures: The US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling .... Harris backs slashing medical debt. Trump's "concepts" worry advocates.: The Consumer Financial Protection Bureau is developing regulations that would bar ... signed a state law in June cracking down on debt collection. CFPB officials said the regulations would be ....

Consumer Financial Protection Bureau: Read Reviews And Ask Questions ...