Fri.Nov 03, 2023

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Judge Sanctions, Fines Plaintiff’s Lawyer

Account Recovery

A plaintiff’s attorney was caught lying after filing an “ill-conceived and poorly researched motion for an improper purpose” and then failed to attend a hearing that he was told by the judge that he and his client needed to attend, leading the judge to order the attorney to pay a $1,000 fine and have all […]

Lawyers 147
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NY DFS Amendments to Cybersecurity Regulations

Troutman Sanders

On November 1, New York Governor Kathy Hochul announced that the state’s Department of Financial Services (NY DFS) has amended its Cybersecurity Regulations to “enhance cyber governance, mitigate risks, and protect New York businesses and consumers from cyber threats.” According to the NY DFS, key changes in the regulations include: enhanced governance requirements;  additional controls to prevent unauthorized access to information systems and mitigate the spread of an attack; requirements for m

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Daily Digest – November 3. Suit Accuses Collector of Ignoring Communication Channel Request, Demand Not to Verify Debt; Judge Sanctions, Fines Plaintiff’s Lawyer

Account Recovery

Suit Accuses Collector of Ignoring Communication Channel Request, Demand Not to Verify Debt Judge Sanctions, Fines Plaintiff’s Lawyer Revenue Up at Encore as Company on Debt Buying, Hiring Sprees The Impact of Medical Debt on Consumers WORTH NOTING: With Daylight Savings Time ending this weekend, the political debate over whether to keep it or not […]

Lawyers 147
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Professional Certifications: Value Beyond the Letters

NACM

?️ On today's episode of NACM's Extra Credit podcast … Every journey to success begins with education. Whether you aspire to secure a significant promotion, a raise or greater respect in the credit industry, it's crucial to demonstrate your dedication to your profession.⭐️ Hear from Scott Woitas; Jen Nelson-Armstrong; Anthony "Tony" Mitchell and Lo.

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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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Renkim Corporation Bolsters Technology Team with Strategic New Hires

Account Recovery

Renkim Corporation is thrilled to announce the strategic addition of four seasoned professionals to its technology team, underscoring the company’s commitment to innovation and digital transformation. Thomas Horrom Joins as Chief Information Officer (CIO)Renkim Corporation proudly welcomes Thomas Horrom as the new Chief Information Officer (CIO).

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Revenue Up at Encore as Company on Debt Buying, Hiring Sprees

Account Recovery

As far as Encore Capital Group is concerned, this is the perfect storm — credit card originations and charge-offs are both rising faster than the company can keep up, leading to a huge supply of portfolios to purchase and more debts to collect, which is why the company is spending more money than it ever […]

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The Impact of Medical Debt on Consumers

Account Recovery

A lot of Americans believe that it’s the government’s job to keep the cost of healthcare in check and that it is failing miserably at doing so, but coincidentally enough, less than one-third of individuals think to contest their healthcare bills when they receive them, according to the results of a nationwide survey.