Collections & Credit Risk

Regulation

• LifeLock To Pay $12 Million To Settle FTC Charges

  Collections & Credit Risk | March 9

  Editor's Note: This story has been updated with new information since it was first published earlier today.

• Lawsuits Name 764 Agencies, Creditors

  Collections & Credit Risk | March 9

  The February total exceeds the number reached in January. The number of Fair Debt Collection Practices Act cases also rises.

• Debt Collector Found Guilty On Weapons Charges

  Collections & Credit Risk | March 5

  The principal behind nine collection agencies currently under investigation was previously convicted of attempted robbery.

• New Jersey Assembly Committee Approves Collection Law

  Collections & Credit Risk | March 5

  The state of New Jersey's Assembly Consumer Affairs Committee on Thursday approved a law designed to help consumers combat wrongful collection practices.

• Are Regulators Playing Fair With The Collection Industry?

  Collections & Credit Risk | March 1

  As state attorneys general pursue a growing number of cases against debt collectors and creditors, many in the collection industry quietly wonder whether they’re getting a fair shake.

• Court Approves Collection Legal Giant's Liquidation

  Collections & Credit Risk | February 27

  Legal collection giant Mann Bracken LLP, at the firm's request, will be placed into receivership and liquidated rather than filing for bankruptcy protection.