Wed.Apr 03, 2024

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Daily Digest – April 3. Judge Grants MTD in FDCPA Class Action; CPPA Issues First Enforcement Advisory

Account Recovery

Judge Grants MTD in FDCPA Class Action Judge Denies MTD in FDCPA Class Action Over Post-Judgment Fees CPPA Issues First Enforcement Advisory; Focuses on Data Minimization 30 Companies Seeking Collection Talent WORTH NOTING: Some weird beach laws that are on the books in different locales across the United States … A lot of people think […]

Judgment 147
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CFPB Report Identifies Financial and Privacy Risks to Consumers in Video Gaming Marketplaces

Consumer Finance

The CFPB issued a report examining the growth of digital commerce in online video games and virtual worlds.

Banks 141
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Judge Grants MTD in FDCPA Class Action

Account Recovery

A Magistrate Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit on the grounds the plaintiffs lacked standing to sue after accusing the defendant of attempting to collect without a license to do so under state law.

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Reporte de la CFPB Identifica Riesgos Financieros y a la Privacidad que Corren los Consumidores en los Mercados de Video Juegos

Consumer Finance

La CFPB emite reporte examinando el crecimiento del comercio digital dentro de juegos de videos y mundos virtuales online.

Banks 89
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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Judge Denies MTD in FDCPA Class Action Over Post-Judgment Fees

Account Recovery

A District Court judge in Pennsylvania has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act class action lawsuit, ruling the plaintiff plausibly alleged violations of the statute after the defendant — a collection law firm — allegedly edited an account statement to include additional fees.

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CPPA Issues First Enforcement Advisory; Focuses on Data Minimization

Account Recovery

The California Privacy Protection Agency yesterday issued its first enforcement advisory, warning companies about collecting, using, keeping, or sharing more personal information of consumers than needed when processing requests. The advisory addresses a topic and a principle known as data minimization.

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Prepared Remarks of CFPB Director Rohit Chopra at the National Community Reinvestment Coalition

Consumer Finance

CFPB Director Rohit Chopra provided remarks at the National Community Reinvestment Coalition’s Just Economy Conference.

Banks 80
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30 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers.

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Attention to Detail — and the Defense — Prevails in Two Recent Cases

TCPA

Two recent decisions emphasize the necessity of precisely examining a plaintiffs complaint for potential defenses while keeping each element of the TCPA in mind. First, in Hulce v. Zipongo, Inc., No. 23-C-0159, 2024 WL 1251108 (E.D. Wis. Mar.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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What Is the Impact of Bankruptcy on Professional Licenses and Certifications?

Sawin & Shea

Filing for bankruptcy is a great financial option for those struggling with cumbersome debt. It enables you to discharge eligible debts, such as credit card and medical debt, so that you can live with a fresh start in the future. But you may be wondering, “What Is the Impact of Bankruptcy on Professional Licenses and Certifications?” This debt relief option is the best choice for numerous indebted individuals, and it shouldn’t merely be considered a last resort — It’s a p