PJC In The News

Maryland tightens rules on debt buyers

Public Citizen: Consumer Law & Policy Blog

September 12, 2011: Under new rules approved by the Maryland Court of Appeals last week, an affidavit and a no-show defendant will no longer be enough to win a collections judgment in the state. The rules are aimed at reining in debt buyers, who buy records of delinquent debts along with the right to collect those debts. The purchased records can be shoddy, sometimes consisting of nothing more than a name and an a dollar amount allegedly owed. Without evidence documenting the debt, some debt buyers depend on default judgments to prevail. Unsurprisingly, alleged debtors are not always served with the complaint.

Read the full article, "Maryland tightens rules on debt buyers." 



« Back