Many states provide for where a person may be sued; some say that the lawsuit must be filed where the person lives, where the Plaintiff lives, or where the wrong occurred. Under the Fair Debt Collection Practices Act, however, many of those options are removed.
Under the FDCPA, unless a debt collector is suing [...]

It seems as if every time you turn around, another offer of a debt consolidation loan hits your mailbox.  It’s usually very tempting, the chance to pay off your high-interest debt and make one simple monthly payment.  So you think about taking the offer, closing your other credit cards down, and improving your credit score.
If [...]

New Jersey, in a move designed to strengthen consumer protections against abusive collection tactics, is moving towards what is being call the New Jersey Fair Debt Collection Practices Act.
The legislation, which mirrors the federal Fair Debt Collection Practices Act, goes a step further by imposing rules on creditors — not just third-party firms that are [...]

The charge off rate on credit cards in the U.S. rose to 5.59 percent in February, a rise of 24 percent from 4.51 percent in February 2007, and slightly above its long term average of 5.5 percent, according to the Structured Finance Group at Moody’s Inc.
A rise in card charge off rates usually is correlated [...]

The Federal Trade Commission has released their latest annual report on the Fair Debt Collection Practices Act. Though overall complaints to the Federal Trade Commission were down slightly in 2007 from the year before, but the number and percentage of complaints about debt collectors are up.
In 2007 nationwide, consumer complaints about third-party debt collectors [...]