Judge Thomas Ambro.
Judge Thomas Ambro opened the court's opinion in the spirit of the character Wimpy from the Popeye cartoon: "Many would gladly pay Tuesday for a hamburger today. Of course, not all of those who fall into debt make payments timely, and debt collection has become a professional trade."
August 07, 2018 at 12:54 PM
1 minute read
Companies that purchase debts from debt collectors are debt collectors themselves, a federal appeals court has ruled, and are subject to enforcement of the Fair Debt Collection Practices Act.
The U.S. Court of Appeals for the Third Circuit’s precedential ruling brings a new level of accountability to entities that make a business out of collecting defaulted debts.
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