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Consumer Debt Settlement News

Debt Collector Settlement Reached

LITTLE ROCK — A debt collection company has agreed to pay up to $50,000 in restitution to Arkansas consumers as part of a settlement involving 19 states, the state attorney general’s office announced today.

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Multi-State Settlement with Debt Collector NCO Financial Systems

Louisiana and Arkansas have reached a settlement with debt collector NCO Financial Systems, Inc. resolving allegations of deceptive and unfair debt collection practices.

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Asset Acceptance, a debt-buying agency, to pay $2.5 million in FTC settlement

One of the nation’s largest consumer debt-collection agencies has agreed to pay $2.5 million as part of a proposed settlement with the federal government, which accused the firm of using deceptive methods to collect old debts. Read full article >>

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Idaho joins multistate settlement against debt collector NCO Financial Systems

Idaho joins multistate settlement against debt collector NCO Financial.

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MCDANIEL, OTHER ATTORNEYS GENERAL REACH SETTLEMENT WITH DEBT COLLECTOR

LITTLE ROCK - Attorney General Dustin McDaniel today announced that debt collector NCO Financial Systems, Inc., has agreed to provide restitution to consumers and change its debt-collection practices as part of a settlement with Arkansas and 18 other states. The company agreed to pay up to $50,000 in restitution to Arkansas consumers. The agreement with the states settles claims stemming from ...

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OACCS rings alarm bells in wake of FCAC alert on consumer debt services.

TORONTO , Jan. 26, 2012 /CNW/ - In the wake of a national consumer alert about questionable claims by certain debt settlement agencies now operating in Canada , the Ontario Association of Credit Counselling ...

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The Naked Truth Behind Debt Relief & Settlement Companies

Before signing a contract with a debt relief or settlement company, this article is a must read. The law firm of Imbesi, Christensen & Michael explains why these companies will actually cause a consumer to be financially worse off than when they started.New York, NY (PRWEB) January 31, 2012 As the economic recession continues, consumer debt is on the rise and Americans are struggling to pay ...

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