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Opting Out of Letters? Not So Fast Says Texas Court

Opting Out of Letters? Not So Fast Says Texas Court
insidearm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidearm.com Daily Mail and Mail on Sunday newspapers.

The Road to Auto Debt | Online Only | n+1 | Julie Livingston and Andrew Ross

For most of us, our cars, no matter how much we cherish them, hold us in social and economic custody. As more and more vehicles are financed, and with higher loans and interest rates, creditors exert a carceral pull over our ability to earn a sustainable livelihood. Perhaps the most telling evidence of this servitude is that, in times of financial stress, households will prioritize their monthly car payments over all others, including basic necessities. Surely it is the mark of our perverse civilization when food, medical care, and housing have to take a back seat to our need to keep wheels on the road.

Communication To Vendor Violates FDCPA Third-party Communication Prohibition | McGlinchey Stafford

CFPB Finishes Disclosure-Focused Regs For Debt Collectors

ADVERTISEMENT CFPB Finishes Disclosure-Focused Regs For Debt Collectors Law360 (December 18, 2020, 11:17 PM EST) The Consumer Financial Protection Bureau on Friday released a second, disclosure-focused debt collection rulemaking package that includes an approved template for debt validation notices and drops a provision that consumer advocates argued would weaken protections around time-barred debt. The final rule concludes the CFPB s years-long project to craft the first-ever regulations implementing the Fair Debt Collection Practice Act, a more than four-decade-old federal law that governs the nearly $13 billion debt collection industry, and ties up loose ends from an October rules package that, among other things, spelled out how collectors can use texts, email and voicemail to contact consumers..

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