Debt collection

City officials in Tuscaloosa, Ala. are reviewing whether to hire an outside debt collection agency to pursue outstanding parking ticket fines and penalties from stop light violations.

Seven defendants were charged Friday with illegally processing credit card payments on behalf of a massive Internet scam that allegedly bilked millions of dollars from consumers by repeatedly charging them for "trial" memberships they never ordered.

There were 49,000 completed foreclosures nationally in June, down from 54,000 in June 2013, a decrease of 9.9%, according to CoreLogic's latest National Foreclosure Report.

A study released Tuesday found that the share of Americans in collections has remained steady even as the U.S. pares down the size of its credit card debt.

A federal court has imposed a $26.9 million judgment against the operator of a work-at-home scheme who lied about his financial assets in an effort to hide them from the Federal Trade Commission when he agreed to a settlement with the agency in 2010.

Capital One and three collection agencies will pay $75 million to settle Telephone Consumer Protection Act class-action claims. It's the largest cash settlement in the TCPA's history.

A federal court has shut down a mobile phone cramming scheme that piled more than $100 million in charges on consumers’ mobile phone bills without permission.

Lindorff Espana, part of Oslo, Norway-based collections and credit giant Lindorff, has purchased the debt recovery unit of Spain's Banco Sabadell for $218 million, the companies announced this week.

Federal and state regulators have obtained $92 million in debt relief from Colfax Capital Corp. and Culver Capital LLC, collectively known as Rome Finance, for service members and others harmed by a predatory lending scheme.

Several scams - including one involving debt collecting - are circulating in Pennsylvania.

Complaints against collectors logged in the Consumer Financial Protection Bureau’s database rose in June but trailed April's total.

An FTC report outlines changes companies need to make to protect consumers from mobile cramming scams.

Ohio Attorney General Mike DeWine countered criticism of alleged favoritism in the state's debt collection program by announcing his office had a record year in collecting money owed to the state.

A Government Accountability Office report on medical credit cards and related products follows a request from lawmakers who have expressed concerns about medical debt and predatory lending against people with no insurance or not enough insurance.

Total outstanding U.S. auto loans reached a record high of $902.2 billion through April, an increase of more than 10% from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report released Thursday.

RealtyTrac's U.S. Home Equity & Underwater Report for the second quarter shows that 17% of all residential properties were seriously underwater.

ACA International has announced the board of directors and officers for 2014-15.

Collection agency Bounceback Inc., based in Kansas City, Mo., is accused in a federal lawsuit of "renting" county prosecutor seals to threaten people with jail time if they did not pay their debts.

Federal and state regulators announced legal action Wednesday against foreclosure relief defendants that used deceptive marketing tactics to collect illegal fees from struggling homeowners.

Federal and state regulators announced legal action Wednesday against foreclosure relief defendants that used deceptive marketing tactics to collect illegal fees from struggling homeowners.