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Debt Collection Agency Shuts Down
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Medical Debt and Credit Reports
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CFPB orders debt collection agency to shut down due to illegal practices, including failure to investigate disputed debts and inform consumer reporting companies. The agency also plans to remove medical bills from credit reports.
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How do states' individual actions on medical debt impact the broader credit reporting landscape?
How might the shutdown of a debt collection agency impact the collection and reporting of medical debt?
What are the potential broader implications of removing medical bills from credit reports?
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