Mon.Apr 29, 2024

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Appeals Court Vacates Ruling in FDCPA Case to Dismiss for Lack of Standing

Account Recovery

The Court of Appeals for the Third Circuit has vacated a lower court’s opinion in a Fair Debt Collection Practices Act case, but only to dismiss the complaint because the plaintiff lacked standing to sue, instead of dismissing the case because the plaintiff failed to state a claim.

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CFPB Publishes Research Finding Higher Price Complexity Leads Consumers to Pay More

Consumer Finance

The CFPB issued a new report that suggests consumers tend to pay more for products that have more complex pricing structures.

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Daily Digest – April 29. Appeals Court Vacates Ruling in FDCPA Case to Dismiss for Lack of Standing; Cordray Resigns from Student Loan Post

Account Recovery

Appeals Court Vacates Ruling in FDCPA Case to Dismiss for Lack of Standing Cordray Resigns from Student Loan Post FTC Publishes Final Health Breach Notification Rule Compliance Digest – April 29 WORTH NOTING: If your bedroom isn’t as big as you want it to be, here are some ideas to help you maximize your space […]

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Why Hiring a Debt Collection Agency Can Save Your Small Business Money and Hassle

JMA

For many small to medium-sized business owners across Australia, managing finances smoothly is crucial for survival, yet outstanding debts can throw a wrench in the works. When invoices remain unpaid, it’s not just an annoyance; it can disrupt your cash flow and put your business’s health at risk. While the idea of handling debt collection.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Cordray Resigns from Student Loan Post

Account Recovery

It was announced on Friday that Richard Cordray is stepping down as the chief operating office of the Office of Federal Student Aid, the arm of the Education Department responsible for overseeing its $1.6 trillion student portfolio.

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FTC Publishes Final Health Breach Notification Rule

Account Recovery

The Federal Trade Commission has announced final changes to the Health Breach Notification Rule, requiring entities that are not covered by the Health Insurance Portability and Accountability Act (HIPAA) to notify individuals, the FTC, and even the media in the event that personally identifiable information is compromised.

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Compliance Digest – April 29

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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