Mon.Apr 15, 2024

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Gov’t Cancels $7.4B in Student Loans

Account Recovery

The federal government announced on Friday that it had approved an additional $7.4 billion in student loan debt relief for nearly 300,000 borrowers, many of whom were signed up for the administration’s new income-driven repayment program.

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CFPB Updates Supervision Designation Procedures

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) issued a procedural rule to update how the agency designates a nonbank for supervision.

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Daily Digest – April 15. Judge Grants MSJ for Plaintiffs in FDCPA Case Over Expletive-Laced Communications; Gov’t Cancels $7.4B in Student Loans

Account Recovery

Judge Grants MSJ for Plaintiffs in FDCPA Case Over Expletive-Laced Communications Gov’t Cancels $7.4B in Student Loans Oregon Gov.

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Reshaping Debt Collections with the QCR Accelerator

Qualco

THE NEW ERA OF CONSUMER LENDING In today ’ s rapidly evolving financial landscape, the significant increase in consumer lending presents new challenges for financial institutions, particularly in managing collections. These challenges are compounded by reliance on outdated systems that are inefficient, manual-intensive, and costly to maintain. To address these issues, our latest blog explores the QCR Accelerator, a state-of-the-art , plug-and-play collection software specifically designed to str

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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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Judge Grants MSJ for Plaintiffs in FDCPA Case Over Expletive-Laced Communications

Account Recovery

Being accused of calling someone a “mother [expletive]” when attempting to collect on a debt and then not responding to a motion of summary judgment filed by the plaintiffs is a bold strategy, but it might have more to do with the defendant not having a lawyer who is representing it anymore, and that might […]

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Compliance Digest – April 15

Account Recovery

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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Oregon Gov. Signs Garnishment, Collection Bill into Law

Account Recovery

The governor of Oregon has signed a bill into law that raises the amount of money that can be protected by consumers from garnishments and keeps them from a “financial death spiral because of debt collection,” according to the sponsor of the bill.