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Appeals Court Rules Against Federal Government in FDCPA Case

Account Recovery

There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons.

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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Our government’s intention behind these laws is not wrong, but the ground reality is different. . There are thousands of collection agencies in the USA, but most are small. New Regulations.

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Swiss Government takes debt collection action over unpaid fees

UK debt collections

The Swiss government has started debt collection proceedings to recover almost half a million francs spent on Covid repatriations. Swiss authorities have begun debt collections against people who were flown back to the country at the government’s expense at the start of the pandemic. . million of an estimated 7.5

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Daily Digest – May 4. Hunstein-Related Class Actions Continue Piling Up; Cordray Back in Federal Government

Account Recovery

HUNSTEIN-RELATED CLASS ACTIONS CONTINUE PILING UP The number of 1692c(b) lawsuits alleging that a debt collector communicated information with a third party in violation of the Fair Debt Collection Practices Act continues to explode in the weeks following the Eleventh Circuit Court of Appeals’s ruling in Hunstein v.

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Report Details Collection Efforts of Agencies Working IRS Accounts

Account Recovery

Comparing your collection efforts to that of your peers is tough. So, when information about collection performance is publicized — audited information signed off on by the federal government — it’s worth publicizing. Companies can be reluctant to share specifics and may even present misleading information.

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Government vows to act on SME late payments

UK debt collections

The UK government has launched tougher measures to tackle SME late payments to small businesses as part of its upcoming Prompt Payment & Cash Flow Review. Following consultation, the government will take forward legislation to extend payment performance reporting obligations.

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Colorado AG Issues Guidance Related to Collection Agencies Working Remotely

Account Recovery

The Colorado Attorney General’s Consumer Credit Unit last week published new guidance related to the enactment of a law governing remote work for licensed lenders while also noting that the guidance originally enacted at the start of the pandemic in 2020 remains in effect for entities not covered by the new law, including collection agencies, (..)