Account Recovery

FEBRUARY 1, 2024

Getting to Know Jared Blake of Jetty Judge Denies MTD in FDCPA Class Action, Rules Medical Expenses Enough for Plaintiff to Have Standing FCC Seeks to Make AI-Generated Robocalls Illegal Under TCPA The Impact of Credit Monitoring on Debt Payments, Credit Scores WORTH NOTING: Elmo took a turn as a therapist … The lengths that […]

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Troutman Sanders

FEBRUARY 1, 2024

Recently, Arizona, Kentucky, and Hawaii have jumped on the bandwagon to regulate earned wage access (EWA) products and services. Arizona’s proposed bill makes clear that EWA services are not considered to be loans or money transmissions, and voluntary tips or gratuities are not finance charges. It further requires EWA providers to be licensed, provide mandatory disclosures to consumers, and to submit an annual report detailing yearly revenue from EWA products.

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Debt collector Debt Financing Collection Agencies Collections Agency 84

Account Recovery

FEBRUARY 1, 2024

A District Court judge in Puerto Rico has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act class action case on the grounds the plaintiff lacked standing to sue, ruling that the plaintiff “lives to fight another day” based on the claims she made in her amended complaint.

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Fair Debt Collection Collections 147

UK debt collections

FEBRUARY 1, 2024

Riley Keough is refusing to pay the debt on late mother Lisa Marie Presley ’s U.K. home one year after her death. Keough, 34, pushed back on Barclays Bank’s request for her to pay an outstanding balance of approximately $1.6 million, per legal documents obtained by Us Weekly. Presley purchased her Coes Hall estate in Rotherfield, England, in 2010 with a loan from Barclays.

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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

FEBRUARY 1, 2024

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.

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Collections 130

Account Recovery

FEBRUARY 1, 2024

The chair of the Federal Communications Commission yesterday proposed making calls using voices generated by artificial intelligence artificial voices under the Telephone Consumer Protection Act, which would make the voice cloning technology used in robocall scams illegal.

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Troutman Sanders

FEBRUARY 1, 2024

In Career Counseling, Inc. v. Amerifactors Financial Group, LLC , the U.S. Court of Appeals for the Fourth Circuit upheld a district court’s decision denying class certification in a Telephone Consumer Protection Act (TCPA) case on the basis that the plaintiff failed to satisfy Rule 23’s “implicit further requirement of ascertainability.” The Fourth Circuit also upheld summary judgment against the defendant as to the individual claim finding the defendant was indeed the “sender” of the fax at is

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Judgment 52

Account Recovery

FEBRUARY 1, 2024

Have you ever thought of offering free credit monitoring services to consumers from whom you are trying to collect?

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Collections 130

Taurus Collect

FEBRUARY 1, 2024

A debt collector might sound like a character from a Charles Dickens novel, but if you’ve been contacted by one, you know they’re very much a reality of modern financial life. So, what exactly is a debt collector? Simply put, it’s an individual or a debt collection agency in the UK employed by a creditor to retrieve funds that are overdue.

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Debt collector Debtor Collection Agencies Collections Agency 52

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Collections

Price Meese

FEBRUARY 1, 2024

PMSD is proud to announce that as part of his Community Association law practice, Partner, Thomas C. Martin, Esq., is attending the Institute of Real Estate Management Conference (“IREM”) on February 8, 2024, at the Ocean Casino Resort in Atlantic City, New Jersey. Mr. Martin represents numerous condominium associations, homeowners associations and property management companies throughout the state.

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Taurus Collect

FEBRUARY 1, 2024

Dealing with unpaid debts can be a challenging aspect of financial management both for businesses and individuals. That’s where a debt collections service steps in—a critical intermediary that takes on the task of pursuing delinquent accounts to ensure that owed funds are recovered. In this blog post, we will explore the ins and outs of how debt collectors operate, the regulatory frameworks that guide them, and what individuals and businesses can expect when interacting with a debt collect

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Debt collector Debtor Collection Agencies Collections Agency 52

Troutman Sanders

FEBRUARY 1, 2024

We are pleased to share our annual review of regulatory and legal developments in the consumer financial services industry. With active federal and state legislatures, consumer financial services providers faced a challenging 2023. Courts across the country issued rulings that will have immediate and lasting impacts on the industry. Our team of more than 140 professionals has prepared this concise, yet thorough analysis of the most important issues and trends throughout our industry.

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Financial services Bankruptcy Consumer Credit Banks 52

Troutman Sanders

FEBRUARY 1, 2024

Please join Troutman Pepper Partners Chris Willis and Michael Lacy for a special inside look at our annual publication of the Consumer Financial Services Year in Review and Look Ahead. In our eighth year of publishing this annual review of regulatory and legal developments in the consumer financial services industry, our team has prepared a thorough analysis of the most important issues and trends across 17 consumer protection areas.

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Financial services 52

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?

Banks

Troutman Sanders

FEBRUARY 1, 2024

In this episode of Payments Pros, Keith Barnett is joined by James Stevens to discuss the Merchant Acquirer Limited Purpose Bank Charter (MALPB) in Georgia, a unique charter that allows companies to offer merchant payment processing services without a sponsoring partner bank. Despite being enacted 12 years ago, companies have been unable to utilize it due to card networks not allowing direct participation.

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Banks 52