Account Recovery

OCTOBER 18, 2022

The chair of the House Select Subcommittee on the Coronavirus Crisis has sent a letter to the Consumer Financial Protection Bureau, asking it to investigate the three major credit reporting agencies for possible violations of the Fair Credit Reporting Act, including potentially failing to investigate disputes filed by consumers.

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Account Recovery

APRIL 12, 2022

The announcement is the latest in a string of … The post White House Announces Medical Debt Crackdown appeared first on AccountsRecovery.net.

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Debt collector Healthcare 246

Account Recovery

JANUARY 18, 2022

A bill has been introduced in the House of Representatives that seeks to abolish the Consumer Financial Protection Bureau, accusing it of being an “overreaching government agency with no Congressional oversight.” … The post Bill Introduced in House to Abolish CFPB appeared first on AccountsRecovery.net. ” H.R.6409

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Government 242

Account Recovery

APRIL 20, 2021

The House Financial Services Committee will be marking up a series of bills today, including one that was introduced last week by Rep. Among … The post House Committee to Mark Up Collection Bills Today appeared first on AccountsRecovery.net. Maxine Waters [D-Calif.], The committee will be marking up H.R.

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Collections Debt collector Financial services 240

Account Recovery

MAY 14, 2021

The House of Representatives yesterday passed H.R. Maxine … The post House Passes Debt Collection Reform Bill appeared first on AccountsRecovery.net. Maxine … The post House Passes Debt Collection Reform Bill appeared first on AccountsRecovery.net. The bill, which was officially sponsored by Rep.

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Account Recovery

OCTOBER 28, 2021

Separate bipartisan bills were introduced yesterday in both the House of Representatives and the Senate to amend the Servicemembers Civil Relief Act, which protects members of the Armed Forces and other branches of the government from certain financial situations, including judgments, garnishments, and other adverse collection-related actions.

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Garnishment Judgment Government Collections 242

Account Recovery

APRIL 26, 2022

With the midterm elections little more than six months away, the jockeying for positions has already begun among Republicans, who are expecting to regain control of the House of Representatives. McHenry to seek Chair of Financial Services Committee if Republicans Take Back House appeared first on AccountsRecovery.net.

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Account Recovery

APRIL 6, 2022

The White House is expected to announce as soon as today that it will once again extend the moratorium on student loan payments, this time pushing the deadline out another four months to August 31.

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Student loans Student Loans Loans Government 242

Account Recovery

MARCH 4, 2024

A bipartisan bill has been introduced in the House of Representatives to amend the Fair Credit Reporting Act by restricting certain types of medical debt from appearing on the credit reports of Native Americans as a means of protecting them from wrongfully charged medical bills that are actually owed by the Indian Health Service.

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Account Recovery

AUGUST 24, 2022

Because an announcement is expected from the White House today regarding how it will address the topic of student loan debt cancellation, the timing is coincidental to report that a bill has been introduced in the House of Representatives that would prevent the Biden Administration from “enacting blanket student loan forgiveness.”

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Student loans Student Loans Loans 246

Account Recovery

OCTOBER 20, 2023

Not content to rely and wait for the Supreme Court to issue its ruling on whether the funding structure of the Consumer Financial Protection Bureau is constitutional or not, companion bills were introduced in the House of Representatives and Senate yesterday that aim to put the Bureau under the Congressional appropriations process.

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Financial services 147

Account Recovery

JULY 14, 2022

A bill has been introduced in the House of Representatives that seeks to amend the Telephone Consumer Protection Act in order to expand the definition of “automated telephone dialing system” while also expanding the provisions of the law to include text messages as well as phone calls. A copy of the bill, H.R.8334,

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Account Recovery

MARCH 8, 2023

The post Previewing Thursday’s House Hearing on Reforming the CFPB appeared first on AccountsRecovery.net.

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Financial Institution Financial services 130

Account Recovery

DECEMBER 17, 2021

A bill has been introduced in the House of Representatives that would double the penalty for companies found to be manipulating the information on Caller ID as a means of combatting illegal robocalls. The bill, H.R. 6320, was introduced yesterday by Rep. Tom Rice [R-S.C.],

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Account Recovery

JUNE 22, 2022

A bill has been introduced in the House of Representatives that, if enacted, would prohibit the federal government from cancelling or forgiving federal student loans because the government does not have the authority to do so and because it’s “unfair for taxpayers who paid student loans or did not attend college to pay for those … (..)

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Student loans Student Loans Loans Government 246

Account Recovery

OCTOBER 1, 2022

At a time when regulators are trying hard to remove items from the credit reports of individuals, a bill has been introduced in the House of Representatives that would allow payment information for utility bills, telecommunications, and public housing authorities to furnish information as a means of helping the 26 million individuals who do not … (..)

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Consumer Credit 245

Account Recovery

APRIL 28, 2023

have introduced bills in the Senate and House of Representatives, respectively, to completely abolish the Bureau. A copy of the … The post Bills Introduced in House, Senate to Abolish CFPB first appeared on AccountsRecovery.net. The post Bills Introduced in House, Senate to Abolish CFPB appeared first on AccountsRecovery.net.

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Account Recovery

MAY 10, 2021

The House of Representatives appears to be gearing up to vote on a number of bills, including a package of proposed legislation that would address how debts are collected across the country, and ACA International has started an effort to mobilize the industry encouraging members of Congress to vote no on the measure.

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Collections Fair Debt Collection Foreclosure Loans 246

Account Recovery

MAY 5, 2022

In the House of Representatives, H.R. Bob Latta [R-Ohio], the ranking member of the House Energy & Commerce … The post Bill Introduced in House to Strengthen Efforts to Identify Sources of Illegal Robocalls appeared first on AccountsRecovery.net. 7598 was introduced by Rep.

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Account Recovery

DECEMBER 4, 2023

A proposal from the Consumer Financial Protection Bureau to require small business lenders to share information about the race and demographic data took another body blow on Friday when the House of Representatives approved a resolution to repeal the rule.

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Lender 130

Account Recovery

APRIL 23, 2021

The House of Representatives has passed a bill aimed at amending the Fair Debt Collection Practices Act to provide additional protections to servicemembers. It passed … The post House Passes FDCPA Amendment Bill to Protect Servicemembers appeared first on AccountsRecovery.net. The bill, H.R.

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Fair Debt Collection Collections 246

Account Recovery

JULY 23, 2021

The House of Representatives this week passed a bill that aims to restore the Federal Trade Commission’s ability to seek monetary redress in court, after a Supreme Court ruling determined that Congress did not intend to give the regulator that power.

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Trade 246

Account Recovery

DECEMBER 19, 2023

Turner introduced a bill in the House of Representatives that would require financial institutions give customers the option to receive paper statements and prohibit financial institutions from […] For those of you who still like getting paper statements in the mail, Rep. Last week, Rep.

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Account Recovery

NOVEMBER 10, 2022

A bipartisan bill has been introduced in the House of Representatives that would allow the Consumer Financial Protection Bureau to use money it receives from fines assessed in enforcement orders to fund financial education programs in schools, libraries, and non-profit organizations nationwide.

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Education 245

Account Recovery

JUNE 7, 2022

A bill has been introduced in the House of Representatives that would allow credit repair organizations to file direct disputes with furnishers on behalf of consumers, and require furnishers to respond directly to credit repair organizations with the results of a dispute investigation. Details about the bill – H.R.7919

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Account Recovery

AUGUST 9, 2021

Orion Capital Solutions proudly participates in the Ronald McDonald House Charities 2021 Hybrid 5K Run again this year. Our team will continue our annual support of the Ronald McDonald House Charities of Western New York, Inc.

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Account Recovery

APRIL 26, 2023

A bill has been introduced in the House of Representatives seeking to reform the Consumer Financial Protection Bureau on a number of different fronts, including turning the leadership of the regulator into a five-person commission. The post House Committee to Mark Up Omnibus CFPB Reform Bill appeared first on AccountsRecovery.net.

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Account Recovery

SEPTEMBER 28, 2022

The … The post House Resolution Calls for Ban on Sale of Utility Debts, Restrictions on Credit Reporting appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Collections 246

Account Recovery

MARCH 1, 2022

A bill has been introduced in the House of Representatives that would prohibit evictions that were related to the COVID-19 pandemic from appearing on those individuals’ credit reports. 6882, the Keeping Evictions Off Credit Reports Act was introduced by Rep. Steve Cohen [D-Tenn.].

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Account Recovery

APRIL 1, 2023

Still confident that the Supreme Court will rule in its favor on the plan to cancel up to $20,000 of student loan debt, the White House announced today that it was moving forward with the next phase of its plan to help overburdened consumers — by wiping out their medical debts.

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Student loans Student Loans Loans 130

Account Recovery

DECEMBER 18, 2023

A bill has been introduced in the House of Representatives that seeks to “clarify” the standards for what defines Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) under the Consumer Financial Protection Act with respect to enforcement actions brought by the Consumer Financial Protection Bureau.

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Account Recovery

JUNE 14, 2022

A bill has been introduced in the House of Representatives that would allow students to take over debts that were incurred on their behalf under the Parents PLUS loan program. A copy of H.R.7982, 7982, the Parent PLUS Loan Fairness and Responsibility Act, can be accessed by clicking here.

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Loans Student loans Student Loans 245

Account Recovery

DECEMBER 14, 2023

A bill has been introduced in the House of Representatives by Rep. Suzanne Bonamici [D-Ore.] that seeks to restore the Consumer Financial Protection Bureau’s Office for Students and Young Consumers.

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Education Student loans Student Loans Loans 147

Account Recovery

AUGUST 1, 2022

A group of House Republicans have sent a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, accusing him and the Bureau of “colluding” with state Attorneys General to pursue duplicative enforcement actions against companies in the financial services industry. The letter — sent by Rep.

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Financial services 245

Enterprise Recovery

JUNE 3, 2022

If your business has established in-house ( first-party ) collections, accounts receivable and/or debt collection agency partners, it is still a good idea to ensure you're leveraging the best resources, technology, and vendor pricing available. Here's why and how to reassess your in-house collections and B2B collections agency partners.

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Collection Agencies Collections Agency Collections 205

Account Recovery

MARCH 1, 2023

the chair of the House Financial Services Committee, was passed out of committee yesterday, and now moves to the full House of Representatives for its consideration. The bill seeks to amend the Gramm-Leach-Bliley Act … The post New Data Privacy Bill Passed by House Fin’l Services Committee first appeared on AccountsRecovery.net.

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Financial services 130

Account Recovery

OCTOBER 23, 2023

A pair of bills have been introduced — one in the House of Representatives and one in the Senate — that seek to amend the Fair Credit Reporting Act to prohibit the inclusion of medical debt items on a consumer’s credit report as a show of support for the Consumer Financial Protection Bureau’s efforts to […]

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