Account Recovery

JULY 5, 2023

In a case that was defended by David Schultz and Justin Penn of Hinshaw & Culbertson, a state court judge in Illinois has granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act Hunstein class-action case, ruling that the communication between the defendants and their letter vendor were not […]

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Fair Debt Collection Judgment Collections 130

Fraser

JULY 5, 2023

On June 13, 2023, the National Labor Relations Board (“NLRB”) ruled in the closely watched The Atlanta Opera, Inc. case, restoring the multifactor common-law framework the NLRB established in 2014 for worker classification. The ruling is significant because: It establishes the test for classifying workers as either employees or independent contractors under the National Labor Relations Act (“NLRA”); The test—a return to pre-2019 standards—makes it harder to classify workers as independent contra

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Account Recovery

JULY 5, 2023

President Joe Biden on Monday nominated two Republicans to serve on the Federal Trade Commission (FTC), one of the two regulators charged with enforcing the Fair Debt Collection Practices Act.

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Fair Debt Collection Trade Collections 130

UK debt collections

JULY 5, 2023

The latest research analysis by Price Bailey (Accountancy firm) shows that restaurants closing is at its highest rate in a decade for the first three months of the year. A total of 569 restaurant businesses filed for insolvency in the first quarter of 2023, an average of 5.6 per day. The Quarter 1 data shows that over the last 12 months, 2,028 restaurants have closed.

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Debtor Loans Banks 59

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

JULY 5, 2023

A growing number of Americans are keeping financial secrets from their loved ones, according to NerdWallet’s annual consumer credit card report. The report reveals that approximately a third of Americans with credit card debt (33%) keep their debt amounts secret, possibly due to the stigma surrounding such financial liabilities.

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Account Recovery

JULY 5, 2023

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers.

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Accounts Receivables Management Collections 130

Troutman Sanders

JULY 5, 2023

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On July 3, the Consumer Financial Protection Bureau (CFPB) will begin accepting membership applications for its advisory committees: the Consumer Advisory Board, the Community Bank Advisory Council, the Credit Union Advisory Council, and the Aca

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Financial services Financial Institution Credit Unions Credit Unions 52

Account Recovery

JULY 5, 2023

ILL.

Debt collector 130

Debt collector Collections 130

Troutman Sanders

JULY 5, 2023

As recently discussed on our podcast here , section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) amended the Equal Credit Opportunity Act (ECOA) to require lenders to collect information about small business credit applications they receive, including geographic and demographic data concerning the principal owners, lending decisions, and the price of credit.

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Financial Institution Credit Unions Credit Unions Lender 52

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Collections

Fico Collections

JULY 5, 2023

Home Blog Feed test 5 Ways Subscription Fraud Attacks Telcos - and How to Fight Back Criminals are exploiting subscription fraud and using it as a gateway to other crimes - here's FICO's advice on how to stop it Wed, 03/08/2023 - 22:14 jessica shortt by Fernando Lopez Senior Director, Sales expand_less Back to top Wed, 07/05/2023 - 10:35 Though subscription fraud may not be the most common type of fraud that communications service providers suffer any longer, the problem has still grown since 20

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