WASHINGTON (AP) — The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a “mill” that produces shoddy, mass-produced credit-card collection lawsuits.

Unpaid debt is creating a boon for lawyers across the country, who are being inundated with calls for help from companies desperate to collect money owed to them. The work is going to debt collection ...

A Fourth Circuit panel affirmed the denial of a motion to compel arbitration, finding that the law firm and debt collector who sought to compel arbitration of a class action had waived the right to ...

Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, ...

In this article, we share a timeline of our monthly "bites" for 2023 applicable to debt collection. If debt collection in 2023 had a theme it would be medical debt. Medical debt woes transcend ...

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, even after the legal window to sue has closed. I want to walk through how long ...

Utilizing data to drive the right approach in a rapidly changing environment is becoming “more impactful to recovery and collections performance than ever.” Those that do will be able to unlock ...

The Third Circuit says the continuing violation theory cannot be applied to a debt collection suit. The ruling affirms a decision by a District Court judge, dismissing the suit. The plaintiff claimed ...