Mon.Apr 15, 2024

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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.

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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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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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Insolvency rising again says Trade body

UK debt collections

INSOLVENCY activity has again increased in the south east, according to the UK’s insolvency and restructuring trade body. R3 figures showed a rise in this activity from 246 in February to 261 in March, remaining consistent with the 12-month high of 277 in March 2023. The body has warned trends are continuing to rise, following its analysis of data from Creditsafe.

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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.

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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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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.