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CFPB cracks down on Portfolio Recovery Associates with $24 million judgment

On March 23, 2023, the CFPB filed a complaint and proposed judgment against Portfolio Recovery Associates, LLC (“PRA”), one of the largest debt collectors in the United States. If entered by the court, the proposed judgment...more

Can the American Law Institute Cure the Collection Claim Crisis for Courts, Creditors, and Consumers?

Every year, state courts process millions of low-dollar but highly consequential cases that shape the lives of Americans. Debt collection, eviction, foreclosure, and child support actions have long dominated civil court...more

Want to save money and avoid annoying judges? Read the world’s first opinion evaluating Regulation F (Also: Read Regulation F)

It’s official!  We have our first-ever federal court opinion evaluating the requirements of Regulation F!  Okay, maybe “evaluating” isn’t the right word.  “Reading Regulation F out loud” is more like it....more

CFPB looks at connection between financial assistance for medical care and medical collections

In a blog post published last week, the CFPB looked at the connection between eligibility for financial assistance under policies mandated by the Affordable Care Act (ACA) and medical collections.  The ACA requires nonprofit...more

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