On August 7, Illinois enacted Senate Bill 2457, amending the Collection Agency Act and removing its January 1, 2026 repeal date under the Regulatory Sunset Act. The law retains the licensing framework ...
A: The Federal Fair Debt Collection Practices Act and the California Rosenthal Act each proscribe certain conduct by debt collectors. The Rosenthal Act is a bit broader because it applies to original ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...
Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...
US HOW TO HANDLE THOSE CALLS. YOU MAY NOT KNOW IT, BUT AS A CONSUMER, YOU’VE GOT A BOATLOAD OF RIGHTS, RULES AND REGULATIONS THAT WORK IN YOUR FAVOR WHEN DEALING WITH DEBT COLLECTORS. A VIEWER ...
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