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Mainstream Media Picks up Scent of Social Media Contacts Following Enactment of Reg F

Account Recovery

The government wants to let collectors be able to slide into … The post Mainstream Media Picks up Scent of Social Media Contacts Following Enactment of Reg F appeared first on AccountsRecovery.net.

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Will a Bankruptcy Trustee Contact My Employer?

Sawin & Shea

A common question that people have about the filing process is, “Will a bankruptcy trustee contact my employer?” Additionally, you’re under no obligation to inform your employer about your bankruptcy, so when wondering will a bankruptcy trustee contact my employer, in most cases, the answer is no.

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What Is a Debt Collector and Why Are They Contacting Me?

Taurus Collect

A debt collector might sound like a character from a Charles Dickens novel, but if you’ve been contacted by one, you know they’re very much a reality of modern financial life. Why Are They Contacting Me? So, what exactly is a debt collector? Your Rights : As a debtor, you have rights that you can and should exercise.

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Can Debt Collectors Make Contact Through Social Media?

Direct Recovery

Because of that, changes have been made to update the rules and regulations that govern those collection efforts and how they impact consumers. One of the primary concerns about contacting consumers through social media is that it could be opening Pandora’s box of potential mistakes. Opening the Door for Mistakes.

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Be prepared: Government support will not be there forever – A guest blog by Graydon

CICM

Due to the pandemic, the financial uncertainty it caused, and the huge impact of government support, that might seem somewhat unbelievable. The question is not whether government support will end, the question is when it will. Admittedly, the compensation from government is often not even enough to cover the costs.

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Michigan HB 4722 Would Limit Local Governments’ Ability to Regulate Short-Term Rentals

Fraser

Local governments may limit the number of short-term rentals under common ownership, which is defined as “ownership in whole or in part by the same individual, individuals, or legal entity,” to two or more. Local governments may also limit the total number of units that may be used as a short-term rental in their jurisdiction.

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New York Amends Contact Requirements For Certain Delinquent Borrowers

Collection Industry News

Laws 48) , amending single point of contact requirements for certain delinquent borrowers. First, Section 6-o does not define a “single point of contact,” leaving open whether only one individual may serve that role with respect to any particular borrower. What changes does the measure require for servicer protocols?