Why Am I Being Contacted by Cedars Business Services?
It’s a question that many consumers ask after receiving an unexpected call or letter about an outstanding debt. The concern is understandable, debt collection is an industry that generates confusion, and a quick online search can surface content that may appear concerning or misleading at first glance. The goal of this article is to provide clear, factual information about Cedars […]
Is Cedars Business Services a Scam? What Consumers Need to Know
It’s a question that many consumers ask after receiving an unexpected call or letter about an outstanding debt. The concern is understandable, debt collection is an industry that generates confusion, and a quick online search can surface content that may appear concerning or misleading at first glance. The goal of this article is to provide clear, factual information about Cedars […]
California SB 616 Makes It Harder for Collectors to Enforce Judgments
The bill, initially introduced February 2019 by Senator Bob Wieckowski (D-Fremont), creates an automatic exemption for the first $1,724 in a consumer’s bank account for bank levies. The result: collectors may have a harder time collecting on judgments …
$267M Verdict Highlights TCPA Risks in Calling Skip Traced Numbers
On September 9, 2019, the judge entered a final judgment in the TCPA case, McMillion v. Rash Curtis & Associates, 4:16-cv-03396 (N.D. Cal.) to the tune of a whopping $267 million.The verdict, issued by the jury in June 2019, determined that over 534,000 calls using auto dialers …
What the Small Business Reorganization Act of 2019 Means for Creditors
On August 23, 2019, the Small Business Reorganization Act of 2019 (SBRA) was signed into law, creating “Subchapter V” in Chapter 11 of the Bankruptcy Code as part of an effort to streamline the structuring process for small businesses (defined as those whose total noncontingent liquidated secured and …
New CA Law Prohibits Withholding Transcripts as Debt Collection Tool
On October 4, 2019, California Governor Gavin Newsom signed into law Assembly Bill 1313, prohibiting postsecondary schools in the state from withholding transcripts as a debt collection tool. The new law goes into effect January 1, 2020 …