Account Recovery
SEPTEMBER 18, 2023
A District Court judge in New Jersey has denied a defendant’s motion for summary judgment, ruling that the plaintiff has standing to pursue his Fair Debt Collection Practices Act lawsuit — “however slight” that standing is, noted the judge. A copy of the ruling in the case of Tomaine v.
Consumer Finance
SEPTEMBER 18, 2023
Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Account Recovery
SEPTEMBER 18, 2023
Judge Denies Defendant’s MSJ in FDCPA Case, Rules Bank Levy Confers Standing CFPB to Seek Public Input on New Arbitration Rule Following Petition from Consumer Groups Examining the Impact that Restarting Student Loan Payments Will have on the Economy Compliance Digest – September 18 WORTH NOTHING: Chefs reveal their favorite after-school snacks for kids … […]
Prosperity Now
SEPTEMBER 18, 2023
In the Fall of 2022, the Tax Equity Funders Network and Prosperity Now came together to pose the question: what if we could change the tax system so that families of color struggling to make ends meet could get their taxes filed with little hassle and with low to no cost? What could that world look like?
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
Account Recovery
SEPTEMBER 18, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
SEPTEMBER 18, 2023
The Consumer Financial Protection Bureau has announced it will be opening a docket and seeking input from the public on a proposal that was filed last week by a number of consumer advocacy organizations that filed a petition asking the CFPB to issue a rule on mandatory pre-dispute arbitration provisions in contracts between financial services […]
Taurus Collect
SEPTEMBER 18, 2023
When it comes to managing international collections, one key aspect that often stands as a challenge for businesses is international credit checking. Ensuring the creditworthiness of international clients is vital to prevent financial losses and enhance the efficiency of your collections process. In this blog post, we will delve into the significance of international credit checking, its intricacies, and how it can be seamlessly integrated into your collections management strategy.
Account Recovery
SEPTEMBER 18, 2023
In less than two weeks, consumers across the country will have to start making student loan payments again — something they have not had to do in more than three years.
Prosperity Now
SEPTEMBER 18, 2023
With over 7,000 state legislators and over 3,000 county governments currently, states and municipalities continue to be at the helm of driving economic stability forward for a multitude of communities and constituencies. As states and municipalities continue to navigate the onslaught of economic insecurity with inflation and cost-of-living steadily on the rise, it has paved the way for the implementation of more pilot programs that test innovative policy solutions.
Advertisement
Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.
JMA
SEPTEMBER 18, 2023
Bad debts are all too common in business. Sometimes it happens due to inexperience, sometimes we ignore the warning signs, and sometimes it can be totally unpredictable. However, it happens, bad debt is bad for business. But it’s not all doom and gloom. Bad debts can be avoided or recovered (when you work with the. Read more » The post The Warning Signs of Bad Debt for Your Business appeared first on JMA Credit Control.
Jimerson Firm
SEPTEMBER 18, 2023
In December 2022, the Florida Legislature held a crucial special session to stabilize the state’s struggling insurance market. The outcome was Senate Bill 2A, a comprehensive piece of legislation that significantly impacted property insurance lawsuits. Notably, the bill repealed the long-standing one-way attorneys’ fee provision, which had favored policyholders in legal disputes against insurers.
Troutman Sanders
SEPTEMBER 18, 2023
As U.S. consumer solar energy use increases, so does potential exposure under state consumer protection statutes. A recent decision by the California Court of Appeals in the case of Hagey v. Solar Service Experts, LLC highlights the potential pitfalls for solar energy providers and their collections agents. In Hagey , the plaintiff purchased a home the prior owner had equipped with a solar energy system.
Jimerson Firm
SEPTEMBER 18, 2023
On March 24, 2023, Florida Governor Ron DeSantis signed HB 837 into law. HB 837 is one of the most significant tort reform bills to make its way through the Florida Legislature to date, which caused significant changes to Florida’s bad faith insurance framework and made additional changes to Florida’s one-way attorney fee provisions for insurance cases, among other significant changes.
Speaker: William Hord, Senior VP of Risk & Professional Services
Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?
Troutman Sanders
SEPTEMBER 18, 2023
On September 14, a federal district court in the Eastern District of Kentucky became the second court to issue an order granting, in part, a plaintiffs’ motion for a preliminary injunction enjoining the Consumer Financial Protection Bureau’s (CFPB or Bureau) from enforcing its final rule under § 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Final Rule) against the plaintiffs and their members.
Taurus Collect
SEPTEMBER 18, 2023
Have you ever grappled with the challenge of debt collection in Derby? As a business owner or service provider, ensuring you get paid for your services is paramount, but what happens when your customers fail to live up to their end of the deal? In this post, we delve into the nitty-gritty of writing an effective debt collection letter, a crucial tool in your arsenal for managing your receivables and maintaining positive cash flow.
Troutman Sanders
SEPTEMBER 18, 2023
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Finance Services industry over the past week: Federal Activities State Activities Federal Activities: On September 18, the Federal Trade Commission (FTC) warned five tax preparation companies that they could face civil penalties if they use or disclose confidential data collected from consumers for the purpose of preparing their taxes for other unrelated
Expert insights. Personalized for you.
147 
Let's personalize your content