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June

Ireland: Consumer debt judgments fell by 35% in April

Ireland: Consumer debt judgments fell by 35% in April The courts awarded 331 bad debt judgments worth almost €19.3m against individuals and companies in April this year. The majority of these judgments were against consumers (226 judgments worth €14.6m). However, when compared to April 2013, this represents a drop of 35% on the number of judgments awarded (521) and a......

USA: Auto Lender Will Pay $5.5 Million to Settle FTC Collection Charges

Auto Lender Will Pay $5.5 Million to Settle FTC Collection Charges The Federal Trade Commission charged the company with collecting money consumers did not owe, harassment and disclosing debts to third parties. A national subprime auto lender will pay more than $5.5 million to settle Federal Trade Commission charges that the company used illegal tactics to service and collect consumers’......