Collection Industry News

MARCH 22, 2024

Bush in 2007, allows employees of the government and certain not-for-profit entities to have their federal student loans discharged after 10 years of on-time payments. The Consumer Financial Protection Bureau in 2013 estimated that one-quarter of American workers may be eligible.

Student loans 40

Student loans Student Loans Loans Education 40

Nexa Collect

APRIL 11, 2021

The number of those actually furnishing payment information to the consumer reporting agencies has decreased in the last 10 years. In 2013, it was at 88%. 4, March 2013 ). A report released by the Consumer Financial Protection Bureau placed the number of reported payments on credit card accounts at 40% in 2020.

Collections 130

Collections Collection Agencies Collections Agency Construction 130

PBWT

APRIL 6, 2021

A recent 10 th Circuit decision shows why. Despite receiving annual distributions from the trusts of approximately $800,000, Kearney sued his co-trustees in 2013, asserting improper management of the trusts. Unsecured Creditors Committee et al. , 20-33, 2021 WL 941435 (B.A.P.

Unsecured Creditor 65

Unsecured Creditor Debtor Bankruptcy Creditors 65

ABI

JANUARY 13, 2022

10] The Florida bankruptcy court disagreed, noting, among other things, that the United States Court of Appeals for the Eleventh Circuit, which has binding authority over the Florida Bankruptcy court, had already considered and rejected that proposition in a previous case under Chapter 15’s predecessor. [11] 13]. Fla. 11] See id.

Debtor 40

Debtor Bankruptcy Creditors 40

True Accord

MARCH 5, 2024

trillion and the share of those balances that were at least 90 days delinquent approached 10%, an increase of more than two percentage points in a year. Since 2013, we have provided win-win solutions between businesses and consumers in debt.

Consumer Credit 86

Consumer Credit Student loans Student Loans Collections 86

ABI

JANUARY 13, 2022

3] In 2013, Rodger Dean Love (“Debtor”) filed for bankruptcy under chapter 13 of the Bankruptcy Code. [4] 10] However, the court was persuaded by the authority concluding that the burden is on the creditor. [11] 10] See id. [11] to have his student loan debt discharged. [5] 13]. . § 523(a)(8). [2] 2] See id. [3]

Debtor 40

Debtor Loans Student loans Student Loans 40

Credit Corp

MARCH 21, 2023

percent and Utah at 10 percent. Outstanding FFEL loans have dropped over 50 percent since the fourth quarter of 2013, and outstanding Perkins loans have fallen the same amount. This is due to the rise in outstanding direct loans, which have risen over 133 percent since 2013. Over 43 million Americans have student loan debt.

Student loans 98

Student loans Student Loans Loans Education 98

True Accord

AUGUST 3, 2021

Founded in 2013, TrueAccord’s data-driven debt collection platform is disrupting the collection industry by helping businesses collect more debt online than traditional methods. See all open positions and apply here: [link]. About TrueAccord.

Startups 98

Startups Financial services Financial Institution Collections 98

ABI

JANUARY 12, 2022

2] Debtor then created a real estate trust and a financial assets trust, both effective January 1, 2013, and made RE Corp. 2] Debtor then created a real estate trust and a financial assets trust, both effective January 1, 2013, and made RE Corp. the only trustee. [3] 3] The archbishop was the sole member of RE Corp. the only trustee.

Debtor 40

Debtor Bankruptcy Unsecured Creditor Creditors 40

Collection Industry News

SEPTEMBER 23, 2020

Some key findings from the Pew research include: • Between 1993 and 2013, the number of debt collection cases filed annually more than doubled, from 1.7 The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. . million to about 4 million. That is 20 years!

Collections 40

Collections Debt collector Chapter 13 bankruptcy Chapter 7 bankruptcy 40

ABI

JANUARY 10, 2020

10] The court also chided the debtor for maintaining the “Disney timeshare mortgages” but still concluded that the plan was proposed in good faith “when considering the totality of what is being provided to creditors under this plan.” [11] 12-00230-8-SWH, 2013 WL 2385136, at *5 (Bankr. 19] In re Osborne, 2013 WL 2385136, at *2–3. [20]

Unsecured Creditor 40

Unsecured Creditor Debtor Bankruptcy Creditors 40

Collection Industry News

JUNE 21, 2021

In 2011, Plaintiff filed for bankruptcy and ultimately received a discharge in 2013. Source: site. In Davis v. Experian Information Solutions , No. 20-15667, 2021 WL 2375933 (9 th Cir. 3d 996, 1000 (D. In 2017, Plaintiff’s Experian consumer disclosure reflected her CMS account as “discharged through Chapter 13 bankruptcy/never late.”

Chapter 13 bankruptcy 40

Chapter 13 bankruptcy Bankruptcy Collections 40

Collection Industry News

JULY 28, 2020

In this June 21, 2013, file photo, the seal affixed to the front of the Department of Veterans Affairs building in Washington. (AP “I am glad the VA is finally taking steps to provide some much needed relief,” he said in a July 10 statement. AP Photo/Charles Dharapak).

Collections 40

Collections Debt Management Education 40

Jimerson Firm

NOVEMBER 12, 2020

2013) (“the Miller Act’s statute of limitations is a claim-processing rule, not a jurisdictional requirement”); Arena v. In some circumstances, those parties may attempt to settle the payment bond dispute and enter into a tolling agreement to suspend the running of the one-year statutory period. See also U.S. Air Control Techs.,

Construction 98

Construction Mechanic’s Liens Government Law Firms 98

Collection Industry News

MARCH 19, 2024

trillion and the share of those balances that were at least 90 days delinquent approached 10%, an increase of more than two percentage points in a year. Since 2013, we have provided win-win solutions between businesses and consumers in debt.

Consumer Credit 40

Consumer Credit Student loans Student Loans Collections 40

Credit Corp

JULY 1, 2021

Venmo is a financial platform acquired by PayPal when it bought Braintree for $800 million in 2013. 1 Today, it has as many as 10 million users by some estimates. Venmo fees are increasing on July 10, 2021, and August 2, 2021. They’ll pay a transaction fee of 10 cents, added to a 1.9% See below to find out more.

Banks 98

Banks Financial Institution Retail Financial services 98

National Service Bureau

MAY 22, 2015

A 2013 Pew Research study found that 91% of American adults own a cell phone; the TCPA addresses mobile use specifically, and provides for monetary damages in case of violation. Take a look at these recent TCPA violations: In May 2013, Papa John’s International, Inc. agreed to pay $16.5

Debt collector 40

Debt collector Accounts Receivables Management Collection Agencies Collections Agency 40

UK debt collections

APRIL 20, 2022

The first Debt Collection quotes site in the UK was launched in 2013. Since its launch nearly 10 years ago, Best4 has helped thousands of Businesses and personal individuals recover what they are owed. Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies.

Collection Agencies 64

Collection Agencies Collections Agency Collections Debt Recovery 64

Troutman Sanders

MARCH 28, 2023

The final rule rescinds HUD’s 2020 rule, governing Fair Housing Act disparate impact claims and restores the 2013 discriminatory effects rule. On March 10, the Colorado Department of Regulatory Agencies published a consumer advisory titled, “When Cryptocurrency Exchanges Fail Consumer Beware – Scams Abound.”

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

ABI

JANUARY 12, 2020

10] To accomplish this purpose, courts exercise their discretion in issuing orders barring claims that would diminish the receiverships assets or interfere with the collection and distribution of the assets. [11] 10] See id. 1] See SEC v. 7] See id. [8] at 842; see also SEC v. Kaleta, No. 4:09-cv-3674, 2012 WL 401069, at *4 (S.D.

Banks 40

Banks Bankruptcy Debtor Judgment 40

Collection Industry News

FEBRUARY 22, 2023

The study featured data from 10 large credit card issuers. The bureau’s 2013 Card Act Report, for instance, found that overall credit card fees declined, and the incidence of late fees went down as well. Total credit lines increased 10% between 2012 and 2015, according to CFPB research.

Consumer Credit 40

Consumer Credit Collections Government Banks 40

PDC Flow

AUGUST 31, 2021

The Energy Bus: 10 Rules to Fuel Your Life, Work, and Team, Jon Gordon. "My My office did a book study among leadership on The Energy Bus: 10 Rules to Fuel Your Life, Work, and Team, by Jon Gordon. Although published in 2013, he targets issues that are very real in 2021.". Greg Ruffino. CEO, ACA International.

Collections 76

Collections Education Financial services 76

Collection Industry News

OCTOBER 11, 2021

In 2013, when the Fed tapered, it caused a huge bear market in bonds, and 10-Year yields went from 1.4% This, combined with additional tax revenue, had Norland conclude that “it looks like government deficits will begin to shrink going forward.” to north of 3%,” said Norland.

Government 40

Government Banks Collections 40

ABI

JANUARY 22, 2020

10] The court agreed that the parent’s COMI was in Luxembourg, where it was registered. [11] Here, the New York bankruptcy court evaluated the question of recognition on a “debtor by debtor basis,” notwithstanding that the debtors were all part of an integrated enterprise group, whose parent company’s registered office was in Luxembourg. [10]

Debtor 40

Debtor Bankruptcy Creditors 40

Credit Corp

DECEMBER 14, 2020

This article was last published June 10, 2013, and has since been updated by another author. And if you can’t commit to the repayment plan and higher costs offer by subprime lenders, you put your personal finances and your credit score at risk. Image: top, VStock; bottom, courtesy of the Woods.

Lender 98

Lender Loans Financial Institution Personal loans 98

Credit Corp

FEBRUARY 9, 2024

The credit card number is valid if the number you reached in step three is divisible by 10. The largest data breach occurred in 2013 and involved the unauthorized access of more than three billion records. If doubling results in a two-digit number, add those two digits together. Add up all the doubled numbers.

Banks 40

Banks Education Financial services Government 40

Burr Forman

JULY 15, 2021

According to the OIG press release, from 2013 to 2016 the pharmacy billed insurers for millions of dollars in medically unnecessary prescription drugs. The sentencings, which in one case involved 170 months in prison, came after an investigation into a prescription drug billing scheme involving a pharmacy in Haleyville, Alabama.

Government 52

Government Manufacturing Education Loans 52

Credit Corp

JANUARY 28, 2021

They embarked on new initiatives, including the acquisition of Spring Mobile in 2013. In this ordeal, the two hedge funds shorting GME had become too greedy as they had driven GME’s share price from $20 to $10 and to $4. Alongside GameStop’s faltering business model, GameStop also ran into issues with its poor business decisions.

Trade 134

Trade Retail Acquisition Financial Institution 134

True Accord

SEPTEMBER 2, 2020

HW: When we started Homebrew in 2013, we believed industries would experience innovation from how data that used to be siloed can now be pooled. The 10% that’s above the water looks impressive, but then you realize there’s another 90% below the surface. Can you tell us more about how you’re thinking about that sector?

Startups 121

Startups Banks Financial services 121

Burr Forman

MARCH 24, 2021

2013) (noting the necessity of PR assistance in cases involving high-profile grand jury investigations); but cf. 10] In re Bieter Co. , Applicability of the functional-equivalent test is also likely to turn on several of the factual factors highlighted by the necessity test. 2017) (collecting cases). [8] 2d 321 (S.D.N.Y. 131 (S.D.N.Y.

Banks 52

Banks Collections 52

ABI

JANUARY 20, 2020

1] On June 18, 2013, Parkland II, LLC (“Parkland and/or the “Debtor”) filed a voluntary petition under Chapter 11 of the Bankruptcy Code in response to four judgements received by Bridgeview Bank Group (“Bridgeview”) against Parkland and two of its principals. [2] 10] Parkland failed to respond to these requests. [11] 3] See id. [4]

Debtor 40

Debtor Foreclosure Bankruptcy Legal Rights 40

Burr Forman

JANUARY 29, 2021

In its motion for summary judgment, the defendant cited several provisions of the CRRG guidelines of 2013, including descriptions of the Payment Rating field and the method of reporting closed accounts. 10, 2020), Docket No. ” Id. A Change in Macik v. JPMorgan Chase Bank, N.A. 3:14-cv-00044 (S.D. Order at 6-8, Hernandez , No.

Judgment 52

Judgment Loans Credit Card Debt Banks 52

Troutman Sanders

JANUARY 17, 2024

On January 10, the Securities and Exchange Commission (SEC) approved each pending spot-Bitcoin exchange traded fund (ETF) application on an accelerated basis. For more information, click here. In additional to paying $1.8

Financial services 52

Financial services Student loans Student Loans Trade 52

Jimerson Firm

JANUARY 16, 2023

2013) (finding a plaintiff can recover damages for emotional distress under the FCCPA); Barker v. 6:010-CV-226-ORL-31, 2011 WL 1560647, at *10 (M.D. 6:10-CV-226-ORL-31, 2011 WL 1557853 (M.D. Dish Network L.L.C. , 2d 1288, 1299 (M.D. Tomlinson , No. 8:05-CV-1390-T-27EAJ, 2006 WL 1679645, at *3 (M.D. Credit Solutions Corp. ,

Garnishment 52

Garnishment Foreclosure Banks Consumer Collections 52

Consumer Financial Services Law

OCTOBER 17, 2016

Johnson at *10. While “creditors can file proofs of claim they know to be barred by the relevant statute of limitations, those creditors are not free from all consequences of filing these claims.” The court read the statutes together as “providing different tiers of sanctions for creditor misbehavior in bankruptcy.” LEXIS 14706 (7th Cir.

Bankruptcy 40

Bankruptcy Debt collector Creditors Acquisition 40

FDCPA Defense

MAY 6, 2014

The Bureau made this point crystal clear in the Bulletin that it issued in July 2013 entitled “ Representations Regarding Effect of Debt Payments on Credit Reports and Scores ” where it claimed that making such statements might amount to a deceptive act or practice in violation of the FDCPA and the Dodd-Frank Act. 2013 WL 3223367 (D.

Creditworthiness 40

Creditworthiness Debtor Debt collector Consumer Credit 40

Consumer Financial Services Law

MAY 12, 2017

In December 2013, Jeziorowski filed a complaint alleging violations of the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act of 1991 (TCPA). Jeziorowski v. Moreover, the court concluded that there was no reason to judicially estop the trustee from pursuing the claims.

Bankruptcy 40

Bankruptcy Debtor Fair Debt Collection Creditors 40