Tue.Mar 04, 2025

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Judge Grants MTD in FDCPA Case Thanks to SOL

Account Recovery

A District Court judge in New York has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act case over the amount the plaintiff owed, ruling that the plaintiff had sufficiently alleged that the defendants’ actions caused concrete harm. The case centers on a dispute regarding inaccurate debt collection notices sent to the plaintiff.

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Balancing Compliance and Consumer Experience in Digital Debt Collection: Best Practices to Navigate the 2025 Landscape

True Accord

Over the past several years, federal and state regulators have started raising red flags about a significant trend in the debt collection industry: companies failing to deliver positive experiences for consumers or properly manage complaints and disputes. With growing scrutiny from agencies like the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and even the White House, it’s clear that ensuring a good consumer experience is no longer just a best practicei

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Daily Digest – March 4. Suit Accuses Collector of Sending Texts, MVN After Receiving Cease Request; Judge Questions Whether Administration is Trying to ‘Starve’ CFPB

Account Recovery

Suit Accuses Collector of Sending Texts, MVN After Receiving Cease Request Court Dismisses FDCPA Case, Rules Plaintiff Lacked Standing Judge Questions Whether Administration is Trying to Starve CFPB FTC Sues Perpetrators of Phantom Collection Scheme WORTH NOTING:Things you don’t need to dry clean, even if the label says you have to … Drinking alcohol may serve as a gateway to substance abuse … Why the pursuit of happiness may not be all it’s cracked up to be … How t

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Five Tips for a Successful OSHA Inspection

Jimerson Firm

Navigating an Occupational Safety and Health Administration (OSHA) inspection can be intimidating, but with the right preparation and mindset, it doesnt have to be. Here are five tips to help you approach and succeed in your next OSHA inspection. Understand the Inspection Process Knowing what to expect on inspection day is essential. OSHA inspections generally follow a standard format: an opening conference, a walk-through of the facility, interviews with staff, and a closing conference to discu

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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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FTC Sues Perpetrators of Phantom Collection Scheme

Account Recovery

Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. The Federal Trade Commission has obtained an injunction that halts the operations and freezes the assets of a pair of defendants Ryan and Mitchell Evans which operated a multitude of companies, including Blackrock Services, Blackstone Legal Group, Capital Legal Services, Quest Legal Group, Viking Legal Services, and others.

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Court Dismisses FDCPA Case, Rules Plaintiff Lacked Standing

Account Recovery

A District Court judge in New York has dismissed a Fair Debt Collection Practices Act case and denied a motion to remand the case back to state court, ruling the plaintiff lacked standing after receiving an email from the defendant the day after the plaintiff refused to pay the debt. The background: Last February, the defendant sent an email to the plaintiff attempting to collect a debt.

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How to Build Credit at 17: Where to Start + Credit Risks to Watch For

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Turning 17 is an exciting milestone: youre closer to adulthood, with possibilities like college, apartments, and even car ownership on the horizon.

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Suit Accuses Collector of Sending Texts, MVN After Receiving Cease Request

Account Recovery

EDITORS 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? Call (855) WEB-RECON or email admin@webrecon.net today!

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How to Negotiate with Creditors to Reduce Your Debt: A Step-by-Step Guide

Credit Corp

Falling behind on your debt can be frightening. You may wonder if the creditor will come for your property or sue you. Sometimes, you dont even realize you owe a debt before a credit collection service comes calling. Luckily, you do have rights and options. Negotiating with your creditors can be a powerful tool to reduce your debt burden, improve your credit score, and achieve financial stability.

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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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‘Five Guys and a Phone’: Is This the Future of the CFPB? 

Account Recovery

A new set of declarations from current and former CFPB employees sheds light on the Trump administration’s plan to nearly eliminate the Consumer Financial Protection Bureau. These filings, submitted as part of a lawsuit aimed at halting mass firings at the agency, detail how officials planned to strip the Bureau down to just a room with five men and a phone.

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Judge Questions Whether Administration is Trying to ‘Starve’ CFPB

Account Recovery

A federal judge has temporarily blocked mass layoffs at the Consumer Financial Protection Bureau as she evaluates claims about the Trump administrations efforts to dismantle the agency. Judge Amy Berman Jacksons decision came after contradictory statements from CFPB officials and the Justice Department about whether the agency was continuing to perform its mandatory functions, such as handling consumer complaints and overseeing financial institutions.