Month: June 2014

In a recent opinion decided by the United States Court of Appeals, the Seventh Circuit held that sending collection letters to debtors for collection of a time-barred debt is considered a violation of the Fair Debt Collection Practices Act (“FDCPA”), without including a statement in the letter that debt is no longer enforceable under the statute of limitations. In two…

If you have a basis understanding of credit reporting, you know that the credit bureaus collect information on us as consumers and store it.  When you are prepared to buy something, seek employment or even rent an apartment, the seller, employer or landlord can retrieve your information and make a decision as to whether or not to extend you credit,…