Account Recovery

SEPTEMBER 25, 2023

In a case that was defended by Rick Perr and the team at Kaufman Dolowich, a District Court judge in Illinois — on his own motion — has granted summary judgment in favor of a defendant on the remaining two counts in a Fair Debt Collection Practices Act case, ruling that using a local number […]

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Judgment Fair Debt Collection Collections 147

Qualco

SEPTEMBER 25, 2023

Small and medium-sized enterprises (SMEs) are the backbone of the global econom y , driving both financial and social growth. Yet , the y often face cha llenges like limited access to capital, primari ly due to a lack of information with banks and lengthy due diligence processes. The 4 th Industrial Revolution , or Industry 4.0 , is driven by technological advancements like Artificial Intelligence (AI) and Big Data analytics.

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Financial Institution Manufacturing Banks 87

Account Recovery

SEPTEMBER 25, 2023

Judge Grants Summary Judgment for Defense in FDCPA Case Over Local Phone Numbers Judge Dismisses Most Claims in FDCPA, FCRA Suit, Denies MTD on 1692g Claim Battle Over CFPB Proposal to Ban Medical Debt on Credit Reports Already Heating Up Compliance Digest – September 25 Solutions by Text Appoints New Chief Product Officer to Bring […]

Judgment 147

Judgment 147

Troutman Sanders

SEPTEMBER 25, 2023

On September 15, the U.S. District Court for the District of New Jersey denied the defendant’s summary judgment motion holding instead that a bank levy against the plaintiff served as a basis for standing to assert a claim under the Fair Debt Collections Practices Act (FDCPA). In Tomaine v. Selip & Stylianou, LLP , the plaintiff failed to make the required payments due on his credit card account.

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Banks Law Firms Judgment Fair Debt Collection 52

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

SEPTEMBER 25, 2023

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Account Recovery

SEPTEMBER 25, 2023

A District Court judge in New York has granted a defendant’s motion to dismiss on most of the claims that it violated the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Truth-in-Lending Act, but denied it on one FDCPA because the defendant purportedly did not properly respond to a verification request […]

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Fair Debt Collection Collections Financial services 130

Troutman Sanders

SEPTEMBER 25, 2023

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Finance Services industry over the past week: Federal Activities State Activities Federal Activities: On September 21, the Consumer Financial Protection Bureau (CFPB) outlined a plan for rulemaking under the Fair Credit Reporting Act (FCRA) that could significantly impact the entire consumer data ecosystem.

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Financial services Loans Banks Debt collector 52

Account Recovery

SEPTEMBER 25, 2023

If the initial salvos are any indication, the battle over the proposal from the Consumer Financial Protection Bureau to ban medical debts from consumers’ credit reports is going to contentious.

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Troutman Sanders

SEPTEMBER 25, 2023

On August 1, the two major national credit union trade associations — the National Association of Federal Credit Unions (NAFCU) and the Credit Union National Association (CUNA) — announced plans to merge and create a new organization called America’s Credit Unions. The goal of the merger would be to form a single credit union trade group “to serve credit unions more efficiently and effectively” through “one strong and united voice.

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Credit Unions Credit Unions Trade Banks 52

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