Account Recovery

SEPTEMBER 29, 2023

The Biden-Harris Administration this week released final regulations that seek to protect individuals with student loans against unaffordable debt and insufficient earnings. The regulations are made up of two principal components — the Gainful Employment (GE) rule and the Financial Value Transparency (FVT) framework — both of which will significantly influence the debt collection market.

Student loans 147

Student loans Student Loans Loans Collections 147

Jimerson Firm

SEPTEMBER 29, 2023

In Florida, homeowners’ associations (“HOA”) are governed by Florida Statute Chapter 720. That chapter is known as the “Homeowner’s Association Act” (the “Act”). The Act governs issues ranging from member assessments to arbitration to conducting meetings. The Act is constantly evolving, and HOA board members, HOA property owners, and HOA property managers should review the Act periodically.

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Government Collections 105

Account Recovery

SEPTEMBER 29, 2023

Collector Facing FDCPA Suit Over Voicemails Judge Denies MTD in FDCPA Case Over Creditor Name, Dispute Disclosure Warren Warns Future of CFPB, Other Regulators is at Stake Before Supreme Court Ed. Dept.

Creditors 147

Creditors Government 147

Troutman Sanders

SEPTEMBER 29, 2023

According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), and Telephone Consumer Protection Act (TCPA) were back up for the month of July. Complaints filed with the Consumer Financial Protection Bureau (CFPB) were also up for the month. WebRecon reports the overall statistics for consumer litigation in August as follows: 492 FCRA cases were filed, representing a 6.5% increase from July; 376 FDCPA cases were fil

Fair Debt Collection 52

Fair Debt Collection Collections 52

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 29, 2023

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Account Recovery

SEPTEMBER 29, 2023

A District Court judge in Puerto Rico has denied a defendant’s motion to dismiss after it was sued because a collection agency it acquired sent a collection letter to the plaintiff that used some form of gobbledygook to identify the creditor to whom a debt was owed in a collection letter.

Creditors 130

Creditors Collection Agencies Collections Agency Collections 130

Troutman Sanders

SEPTEMBER 29, 2023

Yesterday, the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) (collectively, the agencies) filed an amici curiae brief urging the U.S. Court of Appeals for the Second Circuit to reverse a district court’s decision finding a furnisher’s investigation of a consumer’s dispute and subsequent furnishing of the disputed information to be reasonable under the Fair Credit Reporting Act (FCRA).

Judgment 52

Judgment Trade Banks Collections 52

Account Recovery

SEPTEMBER 29, 2023

If the Consumer Financial Protection Bureau is going down next week following its day before the Supreme Court, then the person most associated with the formation of the Bureau is going down swinging. Sen. Elizabeth Warren [D-Mass.

Financial services 130

Financial services 130

NCBA Law Practice Management Blog

SEPTEMBER 29, 2023

There are a number of different ways to look for new staff as a law firm, whether you’re seeking attorneys, paralegals or administrat ors. But, it’s also kind of a crapshoot. And, it’s also sort of true that the best hires usually come from your personal network. Now, if you’re an experienced attorney who owns a law firm, the problem is that you may not know the people you want to hire.

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Law Firms Creditors 52

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Collections

Jimerson Firm

SEPTEMBER 29, 2023

Featured in the September 2023 Issue Partner’s Perspective: Navigating the Skilled Construction Labor Shortage In an ever-evolving landscape of business challenges, few issues have gripped the construction industry as tightly as the shortage of skilled labor. The headlines are dominated by statistics that tell a sobering tale of the struggle faced by construction businesses across the nation.

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Construction 45

NACM

SEPTEMBER 29, 2023

? On today's episode of Extra Credit: A recent eNews poll revealed that one quarter of credit professionals use ChatGPT in some capacity for their work. Hear about the advantages and disadvantages of using ChatGPT in the credit department.⭐ Hear from Justin Cowart; Elliot Jenneman, Alejandro Ojeda-Nonzioli; and Marty Smith!

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