Monday, 16 May 2016

Supreme Court Rules on Private Attorneys Collecting Debts

The Supreme Court on Monday ruled that private attorneys hired by states are not in violation of the Fair Debt Collection Practices Act when using official letterhead to collect a debt. The case has been watched closely by financial institutions for its interpretation of “false, deceptive or misleading” practices.

source http://www.americanbanker.com/news/national-regional/supreme-court-rules-on-private-attorneys-collecting-debts-1081029-1.html

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