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 143
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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 95
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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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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 83
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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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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

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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.