Account Recovery

FEBRUARY 25, 2025

The pace of news related to the future of the Consumer Financial Protection Bureau shows no signs of slowing down. As we get ready for the confirmation hearing for Jonathan McKernan to be the new Director of the CFPB later this week, here are some other developments involving the regulator. Consumer Groups Publish State Complaint Data A number of consumer advocacy organizations are attempting to kill two birds with one stone — highlight the work of the Consumer Financial Protection Bureau

Banks 130

Banks Financial services Government 130

Jimerson Firm

FEBRUARY 25, 2025

The Alcohol and Tobacco Tax and Trade Bureau (TTB) has long been at the forefront of regulating the alcohol beverage industry, ensuring that companies adhere to standards for both product labeling and marketing. Recently, two major updates have emerged from the TTB that are particularly relevant to brewers and those involved in alcohol advertising. Industry Circular 2024-1 focuses on new social media guidelines and Industry Circular 2024-2 expands the list of beer ingredients that are exempt fro

Trade 40

Trade Manufacturing 40

Account Recovery

FEBRUARY 25, 2025

In a ruling that — to this non-lawyer appears to take the issue of standing and turn it on its head — the Court of Appeals for the Ninth Circuit has reversed a lower court’s dismissal of a Fair Debt Collection Practices Act suit, ruling that the receipt of a letter after being informed that the individual was represented by an attorney — a tangled situation in this case — is enough for the plaintiff to have standing to pursue a lawsuit in federal court.

Fair Debt Collection 130

Fair Debt Collection Lawyers Collections 130

Collection Industry News

FEBRUARY 25, 2025

Mortgage interest rates dropped again last week, hitting the lowest level in two months, but demand for mortgages didnt respond. Total mortgage application volume fell 1.2% from the previous week, according to the Mortgage Bankers Associations seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, those of $806,500 or less, decreased to 6.88% from 6.93%, with points dropping to 0.61 from 0.66, including the origination fee, f

Loans 40

Loans Collections 40

Speaker: Victor C. Barnes, CPA, MBA

Account Recovery

FEBRUARY 25, 2025

Data from a new survey from reveals a sobering yet opportunity-rich snapshot for credit and collection professionals and the broader financial ecosystem — amid persistent stress and rising consumer expectations, theres a clear desire for more seamless, data-driven experiences that reduce friction in the repayment process. Whats happening Why it matters: Professionals at debt collection agencies, consumer finance companies, fintechs, and traditional financial institutions can glean critical

Financial Institution 130

Financial Institution Collection Agencies Collections Agency Collections 130

Account Recovery

FEBRUARY 25, 2025

Sending Letter with Payment Voucher After Refusal to Pay Sets Off FDCPA Suit Appeals Court Overturns Dismissal of FDCPA Suit, Rules Receipt of Letter Confers Standing Keeping Up With Everything Going on Surrounding the CFPB Money on Mute: How 1 in 4 Consumers Are Ghosting Their Finances WORTH NOTING: When is the time to have the courage to quit? … Is this the answer to outsmarting seat squatters on airplanes?

130

130

ABI

FEBRUARY 25, 2025

Eleanor Conlon St. Johns University School of Law American Bankruptcy Institute Law Review Staff Under chapter 15 of title 11 of the United States Code (the Bankruptcy Code), a bankruptcy court can recognize a foreign insolvency, bankruptcy, or restructuring proceeding if it is a foreign main proceeding. [1] A foreign main proceeding isa foreign proceeding pending in the country where the debtor has the center of its main interests. [2] TheBankruptcyCode fails to define center of main interests

Debtor 40

Debtor Bankruptcy Creditors Government 40

Account Recovery

FEBRUARY 25, 2025

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!

Fair Debt Collection 130

Fair Debt Collection Collections 130

ABI

FEBRUARY 25, 2025

David DaCosta St. Johns University School of Law American Bankruptcy Institute Law Review Staff Chapter 15 of title 11 of the United States Code (the Bankruptcy Code) provides for the recognition of foreign insolvency and bankruptcy proceedings. [1] Under section 1501(c) of the Bankruptcy Code, chapter 15 is not available to entities that are not eligible to be debtors under section 109(b) of the Bankruptcy Code (with the exception of foreign insurance companies). [2] Consequently, banks that a

Bankruptcy 40

Bankruptcy Debtor Banks Judgment 40

Speaker: Kim Beynon, CPA, CGMA, PMP

Jimerson Firm

FEBRUARY 25, 2025

Maintaining compliance with Occupational Safety and Health Administration (OSHA) standards is essential to fostering a culture of workplace safety, protecting employees, and avoiding citations and penalties. Here are five actionable tips to help you navigate OSHA requirements effectively and ensure your workplace remains compliant. Understand OSHA Standards and Stay Informed The first step to maintaining OSHA compliance is knowing which regulations apply to your business.

Retrieval 40

Retrieval Construction 40

ABI

FEBRUARY 25, 2025

Haley Daniels St. Johns University School of Law American Bankruptcy Institute Law Review Staff Section 1109(b) of Title 11 of the United States Code (the Bankruptcy Code) provides that a party in interest may appear and be heard on any issue in a chapter 11 case. [1] Section 1109(b) identifies certain examples of a party in interest (e.g., a debtor, a creditor), but does not otherwise define party in interest. [2] In Truck Ins.

Bankruptcy 40

Bankruptcy Debtor Manufacturing Creditors 40

ABI

FEBRUARY 25, 2025

Daniel Denaroso St. Johns University School of Law American Bankruptcy Institute Law Review Staff In In re Parlement Technologies , Inc. , (f/k/a Parler LLC, f/k/a Parler, Inc.) , the United States Bankruptcy Court for the District of Delaware (the Court) held that Parlement Technologies (the Debtor) failed to demonstrate that staying an action against a non-debtor defendant was critical to the success of a bankruptcy case and thus was not entitled to a preliminary injunction staying the prepet

Debtor 40

Debtor Bankruptcy Collateral Judgment 40

ABI

FEBRUARY 25, 2025

Alyssa DiBenedetto St. Johns University School of Law American Bankruptcy Institute Law Review Staff Section 550 of title 11 of the United States Code (the Bankruptcy Code) allows a trustee to recover, for the benefit of the estate, the property transferred or the value of the property from any immediate or mediate transferee of such initial transferee. [1] In Schmidt v.

Bankruptcy 40

Bankruptcy Construction Judgment Creditors 40

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

ABI

FEBRUARY 25, 2025

Tyge Duffy St. Johns University School of Law American Bankruptcy Institute Law Review Staff Section 1125 of title 11 of the United States Code (the Bankruptcy Code) provides the foundation for postpetition disclosure and solicitation of votes. [1] Plan Support Agreements (PSAs) or Restructuring Support Agreements (RSAs) are agreements negotiated prepetition by debtors and creditors pursuant to which they pledge to support a plan [2] These agreements are supported within the Bankruptcy Code and

Unsecured Creditor 40

Unsecured Creditor Debtor Bankruptcy Creditors 40

ABI

FEBRUARY 25, 2025

Bella Garabedian St. Johns University School of Law American Bankruptcy Institute Law Review Staff Section 363(m) of title 11 of the United States Code (the Bankruptcy Code) sets boundaries in a courts ability to modify or reverse certain sales and corresponding assumption or rejection of unexpired leases. [1] In Swiss Re Corp. Sols. Am. Ins. Co. v.

Subrogation 40

Subrogation Debtor Bankruptcy Government 40

ABI

FEBRUARY 25, 2025

Sandi Abdelshehed St. Johns University School of Law American Bankruptcy Institute Law Review Staff Section 365 of Title 11 of the United States Code (the Bankruptcy Code) allows a debtor to assumeor reject an executory contract. [1] Under section 365, a debtor may also assign an assumed contract unless restricted by another provision. Section 365(c)(1), for instance, restricts a trustee from assuming or assigning an executory contract if applicable law allows the non-debtor party to refuse per

Bankruptcy 40

Bankruptcy Debtor Creditors 40

ABI

FEBRUARY 25, 2025

Michael Galletti St. Johns University School of Law American Bankruptcy Institute Law Review Staff In Bay Point Capital Partners II, LP v. Thomas Switch Holding, LLC ( In re Virtual Citadel, Inc. ), the Eleventh Circuit Court of Appeals evaluated a bankruptcy courts decision regarding the valuation of a bitcoin mining property. [1] The Court addressed three key issues: (1) whether the mining property should be classified as a special purpose property with bitcoin mining as its highest and best

Bankruptcy 40

Bankruptcy Debtor Judgment 40

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

ABI

FEBRUARY 25, 2025

Alexandra Harris St. Johns University School of Law American Bankruptcy Institute Law Review Staff In In re Delaney , the United States Court of Appeals for the Second Circuit held that a district court order that leaves work to be done in the bankruptcy court, is non-final for purposes of 28 U.S.C. 158(d) and, therefore, not appealable as a matter of right. [1] The Second Circuit ruled that an order denying a motion to dismiss a bankruptcy petition is non-final, and an appeal of such a non-fi

Bankruptcy 40

Bankruptcy Chapter 7 bankruptcy Debtor Judgment 40