Account Recovery

DECEMBER 20, 2024

Rep. Maxine Waters [D-Calif.], ranking member of the House Financial Services Committee, this week reintroduced H.R. 10509, the Comprehensive Debt Collection Improvement Act. This legislation, first introduced in 2021, seeks to modernize federal debt collection laws while offering stronger protections for consumers facing various types of debt. Key details: The proposed bill would bring several changes to current debt collection practices, including: Why it matters: Consumer advocacy groups have

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TCPA

DECEMBER 20, 2024

A recent decision from the U.S. District Court for the Southern District of Indiana demonstrates how a defendant may successfully challenge personal jurisdiction when the facts fail to show vicarious liability through a principal-agent relationship. In Roehrman v. McAfee, LLC, No. 23-2146, 2024 WL 5008043, at *2 (S.D. Ind. Dec.

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Account Recovery

DECEMBER 20, 2024

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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Enterprise Recovery

DECEMBER 20, 2024

As the year-end approaches, businesses can take a step back and reflect on their achievements and challenges. Conduct a thorough review of key wins and setbacks. Identify the strategies that led to success and those that need improvement. This reflection provides valuable insights into what worked well and what didn't, allowing for more informed decision-making.

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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.

Account Recovery

DECEMBER 20, 2024

A District Court judge in Oklahoma has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that a subsequent text message to the plaintiff after she had requested communications be ceased did not violate the statute because it was an attempt to collect a separate debt. The background: The plaintiff received a text message from the defendant back in January attempting to collect on an unpaid debt owed to AT&T U-Verse.

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Account Recovery

DECEMBER 20, 2024

The Consumer Financial Protection Bureau has intensified its scrutiny of junk fees in the financial marketplace, with debt collectors and loan servicers squarely in the crosshairs this time. The Bureau published a blog post yesterday about new tactics that companies are undertaking to charge illegal junk fees to consumers, and debt collectors were front and center in the article.

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Account Recovery

DECEMBER 20, 2024

Collector Sued for Sending Text Day After Plaintiff Requested Communication to Cease Judge Grants MSJ For Defendant in FDCPA Case Over Text Sent After Cease Request Made Waters Reintroduces Debt Collection Reform Bill Debt Collectors Cited in CFPB Post about New Junk Fee Tactics WORTH NOTING: Some tips that can help you if you think you can’t dance … Something happened in last night’s Chargers-Broncos game that hasn’t happened in the NFL in nearly 50 years … Which r

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