In an en banc decision issued last Tuesday, the Third Circuit held that civil actions alleging violations of the Fair Debt Collection Practices Act (FDCPA) must be filed within one year from the date ...

Comment period extension. Yesterday, the CFPB announced a second 60-day extension of the comment period for its supplemental proposal that would require debt collectors to make specified disclosures ...

The Consumer Financial Protection Bureau is extending the comment period for its debt collection proposal by 30 days to Sept. 18 to give consumer groups more time to respond. In July, consumer groups ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. If you live in Ohio and debt collectors ...

A recent Tax Court case demonstrates the effect of the 10-year limitations period on tax collection. Relatedly, I discussed the 10-year limitations period in connection with the taxpayer’s right to ...

The collection period is the time that it takes for a business to convert balances from accounts receivable back into cash flow. This can apply to an individual transaction or to the business's ...

If talking to debt collectors is not your idea of fun, take heart. There is a fast-growing alternative for people with overdue bills: virtual debt negotiation. Collection agencies are setting up ...

The government has extended the grace period for the Personal Debtor Protection Act by three months to ease the debt repayment and collection burdens on individual debtors who find it difficult to ...