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When gambling debt becomes a problem, the debt has often gone beyond money owed to casinos or riverboats. Instead, you may have credit card debt, loan debt, and even home equity debt all associated with gambling problems. There are ways to handle all of the debt you’ve created through gambling.
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Debt collectors would be allowed to call you 7 times a week under... The debt collection industry has been clamoring for an update to the Fair Debt Collection Practices Act for years, but the CFPB proposal announced Tuesday is likely to meet resistance from ...
But if the Fair Debt Collection Practices Act applies, casinos are opening themselves to civil damages and fines if they don't strictly comply with federal technical requirements as well. Any debt collector subject to the Act may be liable for actual damages suffered by a person as a result of the "abusive" collection practices.
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