Account Recovery
JULY 14, 2023
EDITOR’S 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?
Credit Corp
JULY 14, 2023
Over the last couple of weeks, those of us currently saddled with student loan debt have watched closely as the topic of debt relief has bounced around between the Biden Administration, Congress, and the Supreme Court – which only very recently struck down the Administration’s plan to cancel up to $400 billion in student loans as unconstitutional.
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Account Recovery
JULY 14, 2023
In a case that was defendant by Dale Golden at Golden Scaz Gagain, a state court judge in Wisconsin has denied a plaintiff’s motion to certify a class action and dismissed a Fair Debt Collection Practices Act case because the plaintiff lacked standing to sue.
Troutman Sanders
JULY 14, 2023
On July 12, U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) reintroduced legislation, titled the Responsible Financial Innovation Act that would establish a comprehensive regulatory framework for crypto assets. This proposed bill expands on the bill the senators introduced in 2022 by adding new consumer protections and safeguards to further strengthen the industry against fraud and bad actors, among other additions.
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.
Account Recovery
JULY 14, 2023
The Court of Appeals for the Tenth Circuit has largely affirmed a sanctions award against a plaintiff’s attorney in a Fair Debt Collection Practices Act case, ordering the attorney to pay more than $10,000 in fees to a collection attorney that was sued. A copy of the ruling in the case of Boscoe Chung v.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JULY 14, 2023
The Consumer Financial Protection Bureau, in conjunction with 11 different state attorneys general and regulators yesterday filed suit against Prehired, a vocational training program, for violating the Fair Debt Collection Practices Act among other laws.
NACM
JULY 14, 2023
✈ Is a soft landing in sight? NACM Economist Amy Crews Cutts& thinks yes!? Find out why on today's episode of the Extra Credit podcast!
Account Recovery
JULY 14, 2023
Issues with Validation Notice, Second Letter Lead Consumer to Accuse Collector of Violating FDCPA Appeals Court Largely Affirms Sanctions Against Plaintiff’s Attorney in FDCPA Case CFPB, State AGs Sue Company Over Illegal Collection, Marketing Practices State Court Judge Denies Certification, Dismisses FDCPA Suit for Lack of Standing CORA Group Announces Acquisition of WebRecon, Strengthening its […]
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