Account Recovery
JANUARY 22, 2024
The Consumer Financial Protection Bureau, in partnership with the Attorneys General of seven states, have filed suit against a debt relief operation and a web of shell companies that are accused of collecting hundreds of millions of dollars in illegal fees from consumers.
UK debt collections
JANUARY 22, 2024
Referrals to bailiffs in England and Wales to recover unpaid council debts have risen by nearly 20%, a BBC investigation has found. Birmingham’s 500% rise in referrals between 2022 and 2023 topped the list of 280 councils that replied to a File on 4 Freedom of Information request. Figures suggest there is £500m of uncollected public debt each year, adding to councils’ strained finances.
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Account Recovery
JANUARY 22, 2024
The federal government on Friday announced it had approved the forgiveness of $4.9 billion of unpaid student loans for 73,000 individuals as a result of adjustments to the income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF) programs. The Biden Administration has now forgiven $136.6 billion of student loans for 3.7 million individuals.
Prosperity Now
JANUARY 22, 2024
As chilly winter weather sets in across much of the country, here at Prosperity Now, our hearts are being warmed by a slew of action on Baby Bonds as the new legislative session kicks off in many states. So let it snow, let it snow, let it snow! We’ll be keeping nice and warm campaigning for every kid’s future in the halls of state legislatures!
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
JANUARY 22, 2024
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.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JANUARY 22, 2024
It’s been a while since we have seen one of these … A District Court judge in Alabama has dismissed a Fair Debt Collection Practices Act case for lack of standing because the plaintiff did not suffer a concrete injury after the defendant was accused of disclosing her information to a third party when it […]
Troutman Sanders
JANUARY 22, 2024
On January 2, the Consumer Financial Protection Bureau (CFPB) filed an amicus curiae brief urging the U.S. Court of Appeals for the First Circuit to reverse a district court’s decision finding that a debt collector lacked the requisite knowledge and intent to violate the Fair Debt Collection Practices Act (FDCPA) when it sent a debt-collection communication prior to any knowledge of the debtor’s bankruptcy filing.
Account Recovery
JANUARY 22, 2024
Judge Denies Motion to Compel in Hunstein Case CFPB, 7 AGs Sue Debt Relief Scammers for Bilking $100M from Consumers Ed. Dept.
Price Meese
JANUARY 22, 2024
PMSD is proud to announce that Of Counsel, Edward W. Purcell, Esq, was appointed Treasurer of the Somerset County Bar Association on January 18, 2024. Mr. Purcell is very active with the County Bar and has helped organized its annual Land Use Symposium every spring. Mr. Purcell looks forward to serving the Somerset County Bar and its members. The post EDWARD PURCELL APPOINTED TREASURER OF THE SOMERSET COUNTY BAR ASSOCIATION appeared first on Price, Meese, Shulman & D’Arminio, PC.
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Collection Industry News
JANUARY 22, 2024
Editor’s Note: The Chase Freedom® Student credit card is no longer available to new applicants. Please see the issuer’s website for more information about available offers. Card details for The Chase Freedom® Student credit card have been collected independently by CNN Underscored Money and have not been reviewed or approved by the card issuer. Our quick take: The Chase Freedom® Student credit card is an ideal choice for college students thanks to its easy-to-earn sign-up bonus, yearly good-stan
ABI
JANUARY 22, 2024
Blaise Muriel St. John’s University School of Law American Bankruptcy Institute Law Review Staff Section 1112 of title 11 of the United States Code (the "Bankruptcy Code") provides that upon request from a party in interest, a bankruptcy court may dismiss a chapter 11 case for "cause." [1] In In re LTL Management, LLC , the U.S. Bankruptcy Court for the District of New Jersey held that dismissal of a chapter 11 reorganization proceeding was necessary under the Third Circuit’s recently artic
ABI
JANUARY 22, 2024
Michael Kleinman St. John’s University School of Law American Bankruptcy Institute Law Review Staff Under chapter 12 of title 11 of the United States Code (the “Bankruptcy Code”), a family farmer or fisherman can restructure its debts. In a Chapter 12 bankruptcy, the debtor generally proposes a plan for repaying creditors from future earnings. [1] Under a Chapter 12 plan, secured creditors will generally be paid in full, while unsecured creditors will often receive less than full payment. [2
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