Account Recovery

DECEMBER 12, 2023

Creditors Facing FCRA Suit for Sending Card to Other Person with Same Name as Plaintiff Judge Remands Class Action Back to State Court NCLC Report Criticizes State’s Inabilities to Protect Consumers from Judgments, Garnishments FTC Issues Warning About QR Code Scams WORTH NOTING: The best gifts for people who work from home … A gift […]

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Troutman Sanders

DECEMBER 12, 2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week: Federal Activities State Activities Federal Activities: On December 7, the Office of the Comptroller of the Currency (OCC) issued a report on the key issues facing the federal banking system in its Semiannual Risk Perspective for Fall 2023.

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Account Recovery

DECEMBER 12, 2023

(Rock Hill, SC) Frost Echols, LLC welcomes Jesse “Jay” Tillman, III as an attorney in our Rock Hill, SC office. Jay has an impressive background as a commissioned officer in the U.S. Navy flying EA-6B Prowlers in Operation Desert Shield and post-Desert Storm operations.

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FFGN COLLECT NY

DECEMBER 12, 2023

Debt collection is a complex process that requires transparent and seamless communication, proper documentation, and preservation of rights. It is challenging to balance these factors for creditors who collect payments from debtors. As such, many creditors hire debt collection attorneys to ensure they comply with existing ethical and legal standards.

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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

DECEMBER 12, 2023

The Federal Trade Commission has issued a warning to consumers about QR codes and how they are being used to potentially scam individuals and steal their personal and financial information.

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Account Recovery

DECEMBER 12, 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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NACM

DECEMBER 12, 2023

​Earning a designation in any field gives a sense of accomplishment to those who put in the work to earn them. NACM's Professional Certification Program is a six-level educational program with several courses providing knowledge needed to excel in the role of a credit professional. It is a great way to seek career opportunities, get promoted to an.

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Education 5

Account Recovery

DECEMBER 12, 2023

A District Court judge in Washington has remanded a class-action lawsuit back to state court because the plaintiff removed any claims related to the Fair Debt Collection Practices Act in an amended complaint and because the defendant was unable to convince the judge to keep the case in federal court under the Class Action Fairness […]

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Account Recovery

DECEMBER 12, 2023

Maybe it’s time the National Consumer Law Center (NCLC) lowers its standards. For the fifth year in a row, not one of the 50 states met all five of the advocacy group’s standards for protecting consumers and their property from asset seizures and garnishments.

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