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 ...

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 ...

Equifax and Portfolio Recovery Associates LLC were sued Friday in Florida Southern District Court for claims under the Fair Debt Collection Practices Act. The lawsuit, filed by the Law Office of Jason ...