State residents involved in a class action lawsuit against a group of debt collection agencies will have their debts erased and lawsuits against them dropped as part of a settlement agreement. The ...

A letter sent to collect a time-barred debt that makes a settlement offer can, even without a threat of legal action, violate the Fair Debt Collection Practices Act's (FDCPA) general prohibition ...

(Reuters) - JPMorgan Chase & Co (JPM.N) will pay $136 million (89 million pounds) and reform its credit card debt collection practices as part of a joint state-federal settlement of a probe that found ...

The good news is, though, that unlike criminal cases, debt collection lawsuits are civil matters, and most medical debt lawsuits won't make it to trial because both parties benefit from reaching an ...

A $32 million class-action settlement resolving claims that Bank of America violated the Telephone Consumer Protection Act by calling or texting consumers' mobile phones without consent has received a ...

About 3,500 people will have about $10 million in personal debt forgiven by a collection agency, thanks to a settlement in federal court Friday that resolved a lawsuit over the agency’s right to sue ...

WASHINGTON (AP) -- A debt collection operation that involved text messages and collectors allegedly posing as attorneys has led to a $1 million settlement with the federal government. The Federal ...

Iowa is part of a settlement with Chase Bank over its credit card collection practices. A spokesman for Iowa’s Attorney General, Geoff Greenwood, says the company agreed to settle after Iowa and 47 ...

A class-action settlement filed late Thursday awarded $59 million to tens of thousands of New Yorkers who had their bank accounts frozen and wages garnished in an illegal collection scheme. The ...

WASHINGTON -- A Van Nuys debt collection operation and the people who ran it agreed to pay $1.1 million to settle federal allegations they improperly bullied consumers to get them to repay overdue ...

A federal judge in Baltimore agreed Thursday to the terms of a settlement between a major debt collector and 10,000 people who said they were illegally pursued by the company before it was licensed.