National Service Bureau

DECEMBER 15, 2015

The United States Department of Education (ED) recently announced two additional regulations (designated REPAYE or Revised Pay As You Earn) which are intended to ease the burden of federal student loan repayment. The REPAYE initiative complements an earlier memorandum issued by President Obama on June 2014 by expanding the “Pay As You Earn” plan to an additional five million borrowers involved in Federal Direct Loans.

Student loans 40

Student loans Student Loans Garnishment Loans 40

FDCPA Defense

DECEMBER 15, 2015

Collection attorneys who are nervous about the risks involved in handling consumer accounts can relax. The CFPB has devised an ideal litigation strategy for you to follow. Let’s take a closer look at what the Bureau wants you to do to make sure it dovetails with the CFPB’s consumer protection goals. First, if your client plans to place accounts with your office, you should ensure the client has access to or possesses all the evidence needed to file suit and win the case at trial.

Collections 40

Collections Judgment Law Firms 40

National Service Bureau

DECEMBER 9, 2015

John Rossman and Mike Poncin of Moss and Barnett have a Debt Collection Drill podcast, and a recent episode was particularly relevant to our audience. Here, we share three mistakes gleaned from a study of Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) enforcement actions. These are important for debt collectors to avoid, especially because they’ve been emphasized recently.

Debt collector 40

Debt collector Collection Agencies Collections Agency Collections 40