Account Recovery

OCTOBER 30, 2024

A bipartisan bill has been introduced in the House of Representatives to reform the Civil Investigative Demand process used by the Consumer Financial Protection Bureau. Rep. Andy Barr [R-Kent.] and Rep. Vicente Gonzalez [D-Texas] introduced the Civil Investigative Demand Reform Act of 2024. The proposed legislation aims to ensure due process for financial services providers subject to the CFPB’s Civil Investigative Demands (CIDs), which are often criticized for being overly broad and burde

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Financial Institution Financial services Loans 130

Consumer Finance

OCTOBER 30, 2024

The Consumer Financial Protection Bureau and the Centers for Medicare and Medicaid Services issued a joint letter to protect millions of Medicare beneficiaries living at or below the poverty line from unlawful medical bills.

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BN Lawyers

OCTOBER 30, 2024

Here’s the latest risk management guidance, published in September 2024, from B&N’s Attorneys Risk Management practice group. BN – Tip of the Month – ABA Issues Formal Opinion 513 – Duty to Inquire – Sept 2024 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.

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Consumer Finance

OCTOBER 30, 2024

The CFPB took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system.

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Credit Unions Credit Unions Banks 126

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

OCTOBER 30, 2024

I don’t know of anyone who would proclaim a love of Ticketmaster, so a ruling against them is likely to be viewed positively by everyone, but the identity of the defendant aside, there are ramifications in this ruling related to how arbitration clauses are worded and enforced — at least within the Ninth Circuit. The Court of Appeals for the Ninth Circuit has affirmed a lower court’s ruling that denied the defendant’s motion to compel arbitration in a putative antitrust cl

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Account Recovery

OCTOBER 30, 2024

Judge Rules Defendant Meets FDCPA’s Definition of Debt Collector Bill Introduced in House to Reform CID Process Appeals Court Affirms Ruling that FAA Doesn’t Apply to Mass Arbitration 22 Companies Seeking Collection Talent WORTH NOTING: Gift ideas for the frequent traveler in your life … There is being a fan, and then there is going this far to help your favorite team … The list of the most popular Halloween candy has a new Number One … Why you should be seeking out wealthy fri

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Debt collector Collections 130

Account Recovery

OCTOBER 30, 2024

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Account Recovery

OCTOBER 30, 2024

A District Court judge in California has denied a defendant’s argument that it does not meet the definition of a debt collector under the Fair Debt Collection Practices Act and ruled that the plaintiff’s claims can proceed. The defendant, who argued that it was exempt from the FDCPA, failed to convince the court, which found sufficient allegations that the defendant was operating as a debt collector when it attempted to collect a debt from the plaintiff.

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Debt collector Chapter 7 bankruptcy Third-party Debt Collectors Fair Debt Collection 130