debt collection

NYS Department of Financial Services, Press Release — Governor Andrew M. Cuomo today announced new, nation-leading reforms that will protect consumers against abusive and deceptive debt collection practices.

NY1 — Senior Staff Attorney Claudia Wilner and client Marquisha Parker appear on NY1’s “Inside City Hall” to discuss the broken debt collection system and recent reforms in New York State’s courts.

American Banker — Just when it seemed that some banks might be putting their legal woes behind them, another threat has emerged that could involve the entire industry — debt- collections litigation.

The Huffington Post — A federal watchdog is suing a collection agency that allegedly operated like a “factory” churning out lawsuits against cash-strapped borrowers, often using misleading, deceptive and illegal practices.

The New York Times — If you’ve ever been dunned by a debt collector, you’re not alone: Roughly one in seven American adults is being pursued by a collector, for amounts averaging about $1,500.

Oneida Daily Dispatch — New York’s chief judge on Wednesday proposed new filing requirements for debt collectors that he says will bring more fairness to state consumer cases and put them in line with due process.

American Banker — New York’s chief judge is trying to reform the way banks and third parties sue borrowers over unpaid bills, joining a wave of regulatory efforts to fix widespread problems in the debt-collection industry.

American Banker — Early on a chilly Friday in January, Franklyn Williamson walked into courtroom 264B of the Prince George’s County, Md., district courthouse. An athletic 55-year-old realtor in Silver Spring, Williamson had canceled a Florida trip to appear in court that day.