Wed.Oct 11, 2023

article thumbnail

Healthcare Providers Sued for Sending Confidential Medical Info to Collection Agencies

Account Recovery

A class-action lawsuit has been filed against a pair of healthcare providers, alleging they violated state law in California by sending confidential medical information to a third-party collection agency, which was subsequently publicized as a result of a data breach.

article thumbnail

CFPB and Justice Department Issue Joint Statement Cautioning that Financial Institutions May Not Use Immigration Status to Illegally Discriminate Against Credit Applicants

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) and Justice Department today issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis of their national origin, race, and other characteristics covered by the Equal Credit Opportunity Act, regardless of their immigration status.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Barron & Newburger, P.C. Adds Significant Data Security, Compliance, and Litigation Talent; Opens New Office in Ohio

Account Recovery

GOLDEN, CO, UNITED STATES, October 11, 2023 — Barron & Newburger is pleased to announce the addition of two experienced attorneys who bring significant experience in data security, litigation, and compliance consulting. Mark Smith joins the firm’s Houston Texas office as a shareholder.

147
147
article thumbnail

CFPB and FTC Take Actions Against TransUnion for Illegal Rental Background Check and Credit Reporting Practices

Consumer Finance

The CFPB and Federal Trade Commission took action against a rental screening subsidiary of the TransUnion conglomerate.

Trade 145
article thumbnail

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.

article thumbnail

26 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.

More Trending

article thumbnail

Judge Grants Sanctions Against Pro Se Plaintiff in FDCPA Case

Account Recovery

A District Court judge in Pennsylvania has imposed sanctions against a pro se serial litigant and ordered him to pay nearly $9,000 in legal fees to the defendant’s attorneys in a Fair Debt Collection Practices Act case, ruling that the plaintiff’s “lack of candor” in attempting to relitigate issues already decided against him were frivolous.

article thumbnail

2023 Review: Capital One Quicksilver Secured Cash Rewards Credit Card

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: You can secure a small credit limit with a deposit ($200 minimum) and don’t need great credit to get approved for this card.

article thumbnail

CFPB Sues Lender for Failing to Submit Accurate Data

Account Recovery

The Consumer Financial Protection Bureau yesterday filed a lawsuit against a mortgage lender, accusing it of violating a previous enforcement order to improve the accuracy of the data it submitted to the federal government by sending in data not once, but twice that had mistakes on it.

Lender 130
article thumbnail

Prepared Remarks of CFPB Enforcement Director Eric Halperin on the TransUnion Enforcement Actions

Consumer Finance

Credit reporting agencies have a responsibility to ensure that consumers’ personal data is accurate and secure.

89
article thumbnail

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.

article thumbnail

Daily Digest – October 11. Judge Grants Sanctions Against Pro Se Plaintiff in FDCPA Case; Healthcare Providers Sued for Sending Confidential Medical Info to Collection Agencies

Account Recovery

Judge Grants Sanctions Against Pro Se Plaintiff in FDCPA Case Healthcare Providers Sued for Sending Confidential Medical Info to Collection Agencies CFPB Sues Lender for Failing to Submit Accurate Data 26 Companies Seeking Collection Talent WORTH NOTING: Mary Lou Retton is fighting for her life after contracting a very rare form of pneumonia … How […]

article thumbnail

Joint Statement on Fair Lending and Credit Opportunities for Noncitizen Borrowers under the Equal Credit Opportunity Act

Consumer Finance

The Consumer Financial Protection Bureau and Department of Justice (collectively, the agencies) jointly issue this statement to assist creditors and borrowers in understanding the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).

article thumbnail

Huge £42m Debt written off by City Council

UK debt collections

Millions of pounds of unpaid council tax debt has been written off by an authority, it has been revealed. A Liverpool City Council report said about £42m of debts , which was mostly uncollected council tax dating back to 1997, was now “clearly irrecoverable” The Labour-run authority said “regular review and write-off of debt ” was a “standard financial practice” The council’s Liberal Democrat opposition said it was a “smack in the face” to ra

article thumbnail

Navigating Temporary Construction Easements in Florida’s Eminent Domain Process

Jimerson Firm

Eminent domain in Florida often takes center stage when government entities embark on construction projects of public importance. These projects can range from essential road widening initiatives and the construction of new sidewalks to the installation of underground and above-ground utilities and more. In the midst of these endeavors, Temporary Construction Easements (“TCEs”) emerge as vital tools that enable access to private properties for a limited duration while the project is underway.

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

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?

article thumbnail

What Debts Are Not Discharged in Bankruptcy?

Sawin & Shea

People file for bankruptcy for any number of reasons, from job loss, to unpaid medical bills , to sky-high credit card bills. And it’s not an uncommon event either– roughly 375,000 people filed for bankruptcy in 2022 alone. It’s a good solution for many people because declaring bankruptcy provides some relief from the crushing weight of unpaid debt and helps them make a fresh start.

article thumbnail

2023 Review: Capital One SavorOne Cash Rewards for Good Credit

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: No annual fee and fantastic cash back opportunities as high as 10% on select purchases.

article thumbnail

La CFPB y el Departamento de Justicia han Emitido una Declaración Conjunta afirmando que las Instituciones No Podrían Usar el Estatus Migratorio para Ilegalmente Discriminar Contra Solicitantes de Crédito

Consumer Finance

La CFPB y el DOJ emiten declaración conjunta afirmando que las instituciones no podrían usar estatus migratorio para discriminar a solicitantes de crédito.

54
article thumbnail

Member Spotlight: Tools for Credit Expansion

NACM

B2B credit management is more than just a career—it's a lifestyle. Credit professionals are constantly adapting and learning more about industry trends, their customers, their peers and themselves. With six levels of professional certifications in NACM's Professional Certification Program, credit professionals are not only gaining knowledge and sha.

article thumbnail

You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.