Nexa Collect

JUNE 18, 2023

This could include accepting a lesser amount than what is owed or setting up a payment plan that the debtor can afford. Payment Plans and Negotiations : Sometimes, the collection agency might be willing to negotiate the debt. It is important to maintain good credit rating.

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Nexa Collect

NOVEMBER 26, 2022

The GLB Privacy Rule only applies to nonpublic personal information (NPI), including (Debtor) Name, Address, Income, Social Security number. The Gramm-Leach-Bliley Act (GLBA) is a law that was enacted with this desire for security and privacy in mind. The Gramm-Leach-Bliley Act and Privacy Notices.

Collection Agencies 130

Collection Agencies Collections Agency Financial Institution Collections 130

Taurus Collect

DECEMBER 18, 2023

Clear Communication: Whether dealing with debt collection in Kent or elsewhere, maintaining transparent communication with your debtor can facilitate smoother collection processes. Types of Commercial Debt Collection Techniques to Avoid Harassment: Agencies that engage in harassing behaviour towards debtors should be avoided.

Collections 52

Collections Debtor Debt Recovery Collection Agencies 52

Taurus Collect

OCTOBER 30, 2023

Establishing Contact with the Debtor The first step in the debt collection process is establishing contact with the debtor. This often involves several key actions: Initial Communication: A business or a debt collection agency, like a debt collection agency in Derby, will send a letter of demand to the debtor.

Collections 52

Collections Debtor Debt Recovery Collection Agencies 52

Taurus Collect

JULY 17, 2023

It can be an incredibly effective collection tool for finding missing debtors. However, skip tracing can be a delicate process, as there are laws and regulations in place to protect the privacy of individuals. Nevertheless, it can be a useful strategy for debt collectors looking to recover what is owed to their clients.

Collections 52

Collections Debtor Debt collector Collection Agencies 52

Taurus Collect

MAY 11, 2023

Search Public Records When it comes to debtor tracing agencies, it can often feel like they have access to every piece of information about you. These agencies can obtain personal information from creditors, which can leave debtors feeling uneasy. This is where contacting the debtor’s employer comes into play.

Collection Agencies 52

Collection Agencies Collections Agency Debt collector Collections 52

Troutman Sanders

JANUARY 20, 2022

Privacy and Cybersecurity Activities. Under the bill, collectors would be prohibited from joining or requesting to join a consumer’s social media network or communicating or attempting to communicate with a debtor using a social media platform for the purpose of collecting or attempting to collect a debt owed by such debtor.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Collection Industry News

JULY 12, 2021

Robins which held that intangible harms, such as privacy harms, can be concrete. The court referenced its reasoning in DiNaples that “[t]he injury was concrete – and ‘closely related to’ common law privacy torts – because the QR code made protected information accessible to the public.” In Morales v.

Debt collector 40

Debt collector Healthcare Debtor Fair Debt Collection 40

Collection Industry News

JUNE 24, 2023

This includes records of communication with debtors, payment agreements, debt validation requests, and any other relevant information. Data Security and Privacy: Protecting sensitive customer data is essential to mitigate the risk of data breaches or unauthorized access.

Collections 40

Collections Collection Agencies Collections Agency Collection Agent 40

Troutman Sanders

APRIL 29, 2021

Retrieval-Masters Creditors Bureau , the court found that displaying a debtor’s account number on an envelope “implicates a core concern animating the FDCPA — the invasion of privacy,” which “is closely related to harm that has traditionally been regarded as providing a basis for a lawsuit in English and American courts.”

Retrieval 52

Retrieval Fair Debt Collection Debt collector Debtor 52

Collection Industry News

MAY 11, 2021

The Hunstein panel’s own words suggest that its interpretation of Section 1692 does not directly advance the privacy interests behind the FDCPA and that the statute is not narrowly tailored. Further, this proposed restriction would not be “narrowly tailored” for the purpose of protecting debtors’ privacy.

Collections 40

Collections Debt collector Government Loans 40

Payment Savvy

JULY 21, 2020

Health Insurance Portability and Accountability Act (HIPAA) – Provides security provisions and data privacy for patients’ medical information. Telephone Consumer Protection Act (TCPA) – Regulates how a collection agency can reach out to a debtor via voice calls, SMS texts, and fax.

Collection Agencies 52

Collection Agencies Collections Agency Collections Accounts Receivables Management 52

Troutman Sanders

JUNE 28, 2021

Privacy and Cybersecurity Activities. The proposed amendments include changing the definition of medical debt, allowing medical debtors to initiate contact and make voluntary payments, and preventing certain written communications from being sent via certified mail. State Activities. For more information, click here.

Financial services 52

Financial services Financial Institution Collection Agencies Collections Agency 52

Sawin & Shea

MAY 26, 2021

Protecting Your Property, Personal Items, and Privacy. If you opt for Chapter 13, an automatic co-debtor stay prevents creditors from hassling either you or your spouse about shared debts. A recent bankruptcy could prevent them from filing again but you could still do it alone.

Bankruptcy 97

Bankruptcy Chapter 13 bankruptcy Creditors Repossession 97

Qualco

JUNE 29, 2023

To keep pace with the latest technology and meet the growing expectations of a new generation of debtors, it's time to adopt an omnichannel debt collection approach. Compared to live agents, even older customers value the privacy and perceived lack of judgment that comes with interacting through chatbots and portals.

Collections 58

Collections Banks Debtor Debt Management 58

Troutman Sanders

OCTOBER 19, 2021

Privacy and Cybersecurity Activities. The session will feature a discussion of the CFPB’s debt collection rule, the Maryland Consumer Debt Collection Act, medical debt collection, debt buying, consumer privacy and data security, the State Examination System and the use of technology to improve operations and compliance.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Troutman Sanders

MAY 23, 2023

On May 19, Governor Greg Gianforte signed the Montana Consumer Data Privacy Act into law, making Montana the ninth state to enact a comprehensive consumer data privacy law. The law will take effect October 1, 2024. For more information, click here. The law will take effect October 1. For more information, click here.

Financial services 52

Financial services Banks Debtor Education 52

Troutman Sanders

MAY 17, 2021

Privacy and Cybersecurity Activities. The proposed amendments include changing the definition of medical debt, allowing medical debtors to initiate contact and make voluntary payments, and preventing certain written communications from being sent via certified mail. State Activities. Federal Activities: On May 13, the U.S.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

Troutman Sanders

NOVEMBER 24, 2020

Privacy and Cybersecurity Activities. Among those directives, the service of a garnishment summons, wage deduction summons, or a citation to discover assets on a consumer debtor or consumer garnishee are suspended through December 12. State Activities. For more information, click here. For more information, click here.

Financial services 52

Financial services Foreclosure Banks Loans 52

Troutman Sanders

FEBRUARY 13, 2024

The judge stated that since Genesis never transferred the assets, they cannot be considered as collateral pledged by the debtor. The Act, which is touted as one of the first comprehensive consumer privacy laws in the U.S., The Act also provides consumers with new baseline privacy rights. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Collection Agencies 52

Troutman Sanders

MAY 5, 2021

Preferred electronically sent the mail house certain information about Hunstein: his status as a debtor, the balance of his debt, the entity to which he owed the debt, that the debt was for his son’s medical care, and his son’s name. ” Plaintiff’s Invasion of Privacy Allegation Had Standing.

Debt collector 52

Debt collector Collections Fair Debt Collection Construction 52

Taurus Collect

NOVEMBER 15, 2023

They should also provide information about the debtor’s right to dispute the debt. As a debtor, you have the following rights: Right to Privacy: Debt collectors are not allowed to share information about your debts with anyone else except your attorney or the original creditor.

Debt collector 52

Debt collector Fair Debt Collection Collection Agencies Collections Agency 52

Troutman Sanders

MARCH 29, 2021

Privacy and Cybersecurity Activities. As such, initiating communication with a debtor is prohibited while the emergency remains in effect and for 60 days thereafter. On March 24, it was reported that New York’s COVID-19 vaccine passport application raises “troubling privacy questions.” State Activities.

Financial services 52

Financial services Fair Debt Collection Lender Foreclosure 52

Burr Forman

NOVEMBER 1, 2021

The Plaintiff’s theory is that the use of such vendors necessarily requires communications about the debtor and the debt to the vendor – a third party.

Fair Debt Collection 52

Fair Debt Collection Debt collector Debtor Judgment 52

Consumer Financial Services Law

SEPTEMBER 13, 2016

A series of sanctions motions brought in the Eastern District of North Carolina alleged that a hospital filed a large volume of proofs of claim which contained personal information of the debtors that should have been redacted under Bankr. Moreover, a number of the proofs of claim also may have contained protected health information.

Bankruptcy 40

Bankruptcy Healthcare Debtor Financial services 40

Troutman Sanders

JUNE 22, 2021

Privacy and Cybersecurity Activities. Executive Order 2020-25 suspended the “provisions of the Illinois Code of Civil Procedure that permit the service of a garnishment summons, wage deduction summons, and a citation to discover assets on a consumer debtor or consumer garnishee.” Privacy and Cybersecurity Activities: On June 17, U.S.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Nexa Collect

JUNE 20, 2020

A collection agency and its employees are bound by privacy laws and will not toot the horn of your precarious financial situation to anyone who listens. You and your delinquent business partner might continue to be civil or even friendly. Discretion and preserving one’s reputation are essential in a competitive market.

Collections 130

Collections Collection Agencies Collections Agency Collection Agent 130

Troutman Sanders

DECEMBER 28, 2020

Privacy and Cybersecurity Activities. The order also extends the state of emergency through March 31, 2021, which continues the prohibition against initiating a communication with a debtor through to May 31, 2021. State Activities. For more information, click here.

Financial services 52

Financial services Foreclosure Government Debtor 52

Troutman Sanders

OCTOBER 26, 2020

Privacy and Cybersecurity Activities. to extend protection of COVID-19 payments from garnishment and amend the required notice to judgment debtors to inform them of an additional category of exempt funds described as emergency relief payments. State Activities. On October 16, the Virginia General Assembly voted to amend VA Code § 8.01-512.4

Financial services 52

Financial services Financial Institution Foreclosure Banks 52

National Service Bureau

SEPTEMBER 2, 2015

This bill was introduced to the state senate in February of this year, and the crux is that if approved, debt collectors would be prohibited from using social media to contact debtors. Here’s what SB 3803 says: [Principal creditors or agents may not] “use a social networking website as a means to collect on a consumer claim from a debtor.

Collections 40

Collections Debt collector Debtor Collection Agencies 40

Consumer Financial Services Law

SEPTEMBER 5, 2016

1692f(8), that an account number capable of revealing that a recipient was a debtor was a violation within the scope of the plain language of the Fair Debt Collection Practices Act. In doing so, the court noted that the FDCPA was intended to protect the debtor’s privacy and prevent abusive and coercive debt collection practices.

Debt collector 40

Debt collector Fair Debt Collection Judgment Debtor 40

Credit Corp

DECEMBER 14, 2020

If you have debt on your credit reports or are getting calls from a collection agency, you might wonder how long a debtor can try to collect these debts—and how long it can affect your credit score. Privacy Policy. But it’s especially frustrating if your debt is several years old. Can a debt collector collect after 10 years?

Debt collector 98

Debt collector Collections Judgment Collection Agencies 98

Burr Forman

APRIL 23, 2021

A debt collector electronically transmitted information about the consumer (including the consumer’s name, his status as a debtor, the entity to which he owed the debt, and the outstanding balance owed) to its third-party dunning vendor, Compumail. Compumail used this information to create, print, and mail a dunning letter to the consumer.

Debt collector 52

Debt collector Third-party Debt Collectors Collections Creditors 52

National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information.

Collection Companies 40

Collection Companies Collections Collection Agent Collection Agencies 40

Katabat

MAY 25, 2021

The CFPB’s recently released updates to the FDCPA “Clarifies that newer communication technologies, such as emails and text messages, may be used in debt collection, with certain limitations to protect consumer privacy and to protect consumers from harassment or abuse, false or misleading representations, or unfair practices.”.

Construction 52

Construction Debtor Collections 52

Troutman Sanders

AUGUST 16, 2021

Privacy and Cybersecurity Activities. 248 would require debt collectors to provide medical debtors with a 60-day notice of placement before collecting on any medical debt. State Activities. Federal Activities: On August 13, the U.S. For more information, click here.

Financial services 52

Financial services Foreclosure Student loans Student Loans 52

Taurus Collect

JANUARY 20, 2023

It’s important for debt collectors to check a person’s credit report because this information shows how reliable they are as a debtor. Additionally, debt collectors must also adhere to the Financial Conduct Authority’s regulations regarding data protection and privacy.

Debt collector 52

Debt collector Collection Agencies Collections Agency Loans 52