During its investigation, the Bureau found that Asset Recovery Associates had violated the Fair Debt Collection Practices Act and the CFPA by making false and deceptive statements to induce consumers ...

During its investigation, the Bureau found that Asset Recovery Associates had violated the Fair Debt Collection Practices Act and the CFPA by making false and deceptive statements to induce consumers ...

A Chicago-area debt collector threatened to sue and garnish the wages of consumers in violation of federal law, the Consumer Financial Protection Bureau said in a consent order. The CFPB alleged that ...

A DeKalb County jury awarded $13 million to the family of a 7-year-old girl injured in an accident involving a tow truck, whose driver and company have faced similar litigation in recent years.

Portfolio Recovery Associates Inc., a Norfolk, Va.-based debt buyer, Friday announced a $115.3 million acquisition of certain assets from National Capital Management LLC (NCM). The acquisition ...