When people think of consumer debt, they think of credit card debt. According to the Federal Reserve, however, student loan debt has now surpassed credit card debt among consumers.
A Texas jury has awarded over $1.5 million to a consumer abused by debt collectors working for Advanced Call Center Technologies, LLC. The jury awarded $50,000 in mental anguish and $1.5 million in punitive damages.
A new report from the Government Accountability Office (GAO) urges legislators to revise the Fair Debt Collection and Practices Act (FDCPA) to give consumers more rights.
Why Are Debt Collectors Calling on Discharged Debts? | Bankruptcy Law Network