Debt Settlement

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.

Debt settlement fund launched

ABU DHABI — The Ministry of Presidential Affairs on Tuesday officially launched an initiative to help settle bank debts of UAE nationals, which was announced by the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, on the 40th National Day.

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 ...

Province announces new limits for debt-settlement agencies

The province will ban upfront charges by debt-settlement agencies, set maximum fees for them and require that they become licensed, Consumer Affairs Minister Jim Rondeau said Thursday.

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 >>

Province banning upfront charges for debt-settlement agencies

Upfront charges for debt-settlement agencies will be a thing of the past with ammendments to the Consumer Protection Act.

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.