Tue.Dec 05, 2023

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Collector Facing FCRA Suit for Not Investigating Allegedly Inflated Debt

Account Recovery

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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Online Tracking Case Dismissed by Ninth Circuit Holding that Online Purchase Does Not Subject Web-Based Payment Processing Platform to Personal Jurisdiction in California

Troutman Sanders

In a case of first impression, the U.S. Court of Appeals for the Ninth Circuit was tasked with determining whether the alleged extracting and retaining of consumer data and tracking of customers using an online payment platform exposes defendants to personal jurisdiction in the state where an online purchase was made. The court concluded it does not.

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More Families Struggling to Pay Bills, But Still Below Pre-Pandemic Highs: CFPB

Account Recovery

Much like the economy itself, an annual report released by the Consumer Financial Protection Bureau that details the financial state of consumers offered mixed signals — more families are having problems paying their bills, but the total is still below what it was before the COVID-19 pandemic, yet the number of people who have enough […]

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Protecting Yourself Within Your Franchise

Jimerson Firm

Getting Started with a Franchise There are many advantages to buying into an established franchise. Oftentimes, they are an established company with a well-known name and brand, and they have established best practices and a network of consistent business with a steady customer base. In other words, much of the legwork that starting a business from scratch entails has already been done, which can be very appealing for someone who wants more of a turnkey business to call their own.

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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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Daily Digest – December 5. Collector Facing FCRA Suit for Not Investigating Allegedly Inflated Debt; Judge Dismisses FDCPA Case Over ID Theft Disclosure Accidentally Sent to Plaintiff

Account Recovery

Collector Facing FCRA Suit for Not Investigating Allegedly Inflated Debt Judge Dismisses FDCPA Case Over ID Theft Disclosure Accidentally Sent to Plaintiff Mass.

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Judge Dismisses FDCPA Case Over ID Theft Disclosure Accidentally Sent to Plaintiff

Account Recovery

If a collector sends an unprompted letter to an individual informing the recipient of the steps that can be taken if she is the victim of identity theft, then is the collector therefore liable under the Fair Debt Collection Practices Act for not providing full and accurate information?

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Local Scottish Councils advise of huge bankruptcy threat

UK debt collections

Local Scottish Councils are at risk of bankruptcy if funding from the Scottish government is not improved, council leaders have said. Cosla issued the warning in a briefing paper ahead of the Scottish budget on 19 December. The local government body said Local Scottish councils need nearly £14.4bn in the budget just to “stand still” The Scottish government said it had given councils a real-terms increase of £376m, or 3%, this year.

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Mass. AG Proposes Rule to Regulate Junk Fees

Account Recovery

The Attorney General of Massachusetts has proposed regulations to combat the unfair and deceptive business practices of assessing “junk” fees that raise the advertised prices of goods and services. The What: The proposed regulation largely affects advertisements and solicitations targeted to Massachusetts residents.

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Jared Turman named Partner-NYC Debt Collection Law Firm-Frank Frank Goldstein & Nager

FFGN COLLECT NY

Congratulations to Jared Turman on being named a partner at Frank Frank Goldstein & Nager PC! This is a significant milestone and a testament to Jared’s dedication and contributions to the firm. Wishing him continued success in this new role. If you haven’t had the chance to work with Jared, you can learn more about his background and achievements by reading his biography.

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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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Recent Rulings Highlight the Importance of Challenging Imprecise TCPA Class Definitions

TCPA

Two recent rulings in Klassen v. Solid Quote LLC, No. 23-0318, 2023 WL 7544185 (D. Colo. Nov. 14, 2023), and Sowders v. Scratch Financial, Inc., No. 23-0056, 2023 WL 7525900 (S.D. Ohio Nov. 14, 2023), emphasize the need to challenge overbroad and unascertainable class definitions in TCPA suits.

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Member Spotlight: Mentorship, Passion and Perseverance

NACM

Mentorship plays a key role in professional success. The guidance and expertise from someone who has years of experience in your field is essential for professional success. Annie Kopanski, CCE, senior credit analyst at Esco Group (Portland, OR) said her 15-year journey to the Certified Credit Executive (CCE) designation was launched and shaped by.

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