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A District Court judge in Minnesota has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case, ruling the defendant — a law firm that specializes in representing landlords — meets the statute’s definition of a “debt collector.” The background: The case was filed after the defendant pursued eviction actions on behalf of clients against several tenants.
Like any other industry, law firms hope to keep up with peers in the course of business operations. This applies to more than just serving clients. Older law firm technology and outdated workflows are inefficient and cause lost revenue. Following compliance and using technology for attorneys will simplify back office operations and keep firms positioned for the future.
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de
The Consumer Financial Protection Bureau will not prioritize enforcement or supervision actions for entities that do not satisfy future deadlines to submit registration information under the regulation titled "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders".
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Sydney, Australia,9 April, 2025 InDebted, the global leader in human-centered debt resolution solutions, has announced the appointment ofNic Chinas Chief Financial Officer (CFO), effective1 April 2025. He succeedsLachlan Heussler, who will transition into an advisory role after six transformative years as CFO, during which he played a key role in InDebteds trajectory from early-stage startup to global fintech. “Lachlan has been instrumental in shaping InDebted’s success, not just as
When it comes to news about the current and future state of the Consumer Financial Protection Bureau, it seems like all the news tends to break at once. There is nothing for a few days, and then bam, two or three big developments all at once. This roundup summarizes yesterday’s Appeals Court hearing on whether a lower court’s injunction blocking the government from dismantling the bureau was a case of judicial overreach, and an update on the nomination of Jonathan McKernan to be the
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Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
When it comes to news about the current and future state of the Consumer Financial Protection Bureau, it seems like all the news tends to break at once. There is nothing for a few days, and then bam, two or three big developments all at once. This roundup summarizes yesterday’s Appeals Court hearing on whether a lower court’s injunction blocking the government from dismantling the bureau was a case of judicial overreach, and an update on the nomination of Jonathan McKernan to be the
Getting to Know Susan Richards of CredTech Consulting Judge Rules Law Firm Specializing in Evictions Meets FDCPAs Definition of Debt Collector CFPB Roundup Overdraft Fees and Payment App Rule Rollbacks Head to Trumps Desk InDebted Appoints Nic Chin as CFO WORTH NOTING:There is a battery percentage when most people start to panic that their phones are going to die.
Congress moves to unwind two major CFPB rules, rewriting the future for banks and Big Tech. The House of Representatives voted Wednesday to overturn two significant rules finalized by the Consumer Financial Protection Bureau during the final days of the Biden administration: Both measures had already passed the Senate last month and now await President Trumps signature.
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