Thu.Oct 19, 2023

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Judge Grants Defense’s MSJ in FDCPA Case Over DOFD

Account Recovery

A District Court judge in Kentucky has granted a defendant’s motion for summary judgment and denied a plaintiff’s motion for the same in a Fair Debt Collection Practices Act case that centers around the Date of First Delinquency and its materiality in inducing the plaintiff to pay off the debt in question.

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Prepared Remarks of Deputy Director Zixta Martinez at The Greenlining Institute's 2023 Just Future Summit

Consumer Finance

Deputy Director Zixta Martinez spoke about the CFPB at The Greenlining Institute's 2023 Just Future Summit.

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Daily Digest – October 19. Getting to Know Laura Thesing of Credit Bureau Data; Judge Grants Defense’s MSJ in FDCPA Case Over DOFD

Account Recovery

Getting to Know Laura Thesing of Credit Bureau Data Judge Grants Defense’s MSJ in FDCPA Case Over DOFD Student Loan Repayments to Have Little Impact on Economy: Fed Report Collection ‘Kingpin’ Accused of Destroying Evidence WORTH NOTING: If you haven’t figured out what to be for Halloween yet, here is someone who can help you […]

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Litigating Elder Financial Exploitation Cases: Defending Banks in a Tough Spot

Troutman Sanders

Join Troutman Pepper Partners Chris Willis, Mary Zinsner, and Dave Gettings for an in-depth discussion about litigating elder financial exploitation cases. Elder abuse and financial exploitation of the elderly are increasing problems in our society, and financial institutions are right in the thick of it. Chris, Mary, and Dave discuss trends in elder fraud litigation, offering insights on the common themes and defenses that financial institutions have in these cases.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Student Loan Repayments to Have Little Impact on Economy: Fed Report

Account Recovery

Concerns about the impact of individuals having to start making their student loan payments again on the economy are overblown, according to a report released by researchers from the Federal Reserve Board of New York.

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Collection ‘Kingpin’ Accused of Destroying Evidence

Account Recovery

New phone, who dis?

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California Takes an Aggressive Approach to Regulating Data Brokers

Troutman Sanders

The Delete Act (SB 362), signed into law by California Gov. Gavin Newsom on October 10, imposes additional disclosure and registration requirements on data brokers. It requires data brokers to support deletion requests through a central “deletion mechanism” managed by the California Privacy Protection Agency (CPPA). The law also empowers consumers to request deletion of their personal information from all registered data brokers with a single submission.

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Becoming successfully data-driven in credit management

On Guard

Credit management has undergone a significant transformation in recent years. Whereas credit management was previously seen as the back office’s grab-can, today it is an essential part of an organisation’s financial strategy. In the process, the challenges posed by COVID-19, persistent inflation and rising interest rates also require a different, more proactive and sophisticated approach.

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The Role of Arbitration in Resolving Business Disputes in New York

FFGN COLLECT NY

Business transactions are complex in nature, especially when involving major business organizations and deals. Even when negotiating with long-time business partners, there is no way to predict when issues and disputes may arise. All parties will want the best deal that favors them; unfortunately, this isn’t always possible with business negotiations and deals.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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.

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Overview of Disruption Claims on Construction Projects

Jimerson Firm

Construction projects are complex endeavors that involve numerous variables, from planning and design to execution. Even with the best planning, unforeseeable events can still occur that cause disruption to the contractor’s plan for performance of the work. These disruption events can be costly to the contractor, even if they do not result in a delay to critical path of the work on the project, because they result in lost productivity and increased costs.

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Supreme Court tax case could have sweeping federal policy effects, experts say

Collection Industry News

As the Supreme Court starts a new term, experts are closely watching a case that could have sweeping effects on the U.S. tax code, including corporate revenue and future wealth tax proposals. This summer, the high court agreed to hear Moore v. United States, a case involving a Washington couple with a controlling interest — more than 10% investment — in KisanKraft, a profitable India-based farming corporation.