Account Recovery

DECEMBER 7, 2021

The largest newspaper in Buffalo is calling on the state legislature in New York to enact a statewide licensing law, after the Attorney General took action against an allegedly unscrupulous debt collector last month. to Enact State Licensing Law appeared first on AccountsRecovery.net.

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Debt collector Collections 245

Account Recovery

JULY 18, 2022

The California Department of Financial Protection and Innovation on Friday released draft text of a rulemaking related to the scope, annual report, and document retention requirements of the state’s Debt Collection Licensing Act. Comments on the proposal are due by August 29 and may be submitted electronically or in writing.

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Collections 246

Account Recovery

JANUARY 7, 2022

The National Consumer Law Center has published a guide of all the state consumer laws that are currently scheduled to go into effect at some point in 2022, providing a handy reference to anyone who needs to be aware of such changes.

Accounts Receivables Management 246

Accounts Receivables Management 246

Account Recovery

OCTOBER 13, 2022

A healthcare provider and the collection agency working on the provider’s accounts are facing a class-action lawsuit alleging they violated a recently enacted state law in New Mexico by engaging in debt collection activities before verifying whether the incomes of those patients protected them from such activities.

Collection Agencies 244

Collection Agencies Collections Agency Healthcare Collections 244

Account Recovery

AUGUST 31, 2021

The Maryland Court of Appeals — the top court in the state — has broadly interpreted a state debt collection law allowing plaintiffs to accuse collectors of violating one of the law’s provisions in instances where the collector attempts to collect amounts that “the debt collector, to its knowledge, does not have the right to (..)

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Collections Debt collector 246

Account Recovery

FEBRUARY 11, 2022

The Court of Appeals for the First Circuit has overturned a lower court’s ruling that a pair of credit reporting laws in Maine governing how certain debts are reported to credit reporting agencies are preempted by the Fair Credit Reporting Act, remanding the case back to the District Court to more accurately determine the scope … The post (..)

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Government 246

Account Recovery

MARCH 14, 2024

Getting to Know Matt Jubenville of Midland Credit Management Passive Debt Buyer Meets Definition of Debt Collector Under FDCPA, Indiana State Law, State Appeals Court Rules Medical Debt Credit Reporting Bill Advances in Illinois Senate Employers Need Education on Student Loan Garnishments PRA Group Appoints Glenn Marino to Board of Directors WORTH (..)

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Debt collector Credit Management Student loans Student Loans 147

Account Recovery

MAY 31, 2022

The Florida Supreme Court has affirmed a lower court’s ruling holding that an individual subjected to debt collection activities for an injury covered by workers’ compensation can sue under the Florida Consumer Collection Practices Act instead of the state’s Department of Financial Services holding jurisdiction.

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Collections Financial services Consumer Collections 241

Account Recovery

MAY 20, 2022

The Consumer Financial Protection Bureau yesterday opened the door for states to take more regulatory and enforcement actions against financial services companies, including those in the accounts receivable management industry, issuing an interpretive rule that certifies that states can enforce the Consumer Financial Protection Act.

Accounts Receivables Management 245

Accounts Receivables Management Financial services 245

Account Recovery

SEPTEMBER 28, 2020

The Governor of California has signed into law a pair of bills that will impact the future of collections in The Golden State — one bill will require collectors to obtain licenses in order to operate and the other will create a state equivalent of the Consumer Financial Protection Bureau.

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Collections 246

Account Recovery

FEBRUARY 11, 2022

JUDGE REMANDS THREE HUNSTEIN CASES BACK TO STATE COURT FOR LACK OF STANDING A District Court judge in North Carolina has remanded three separate Hunstein cases back to state court, ruling that the plaintiffs in each did not suffer a concrete injury sufficient to have standing to sue in federal court.

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Account Recovery

APRIL 16, 2024

Suit Accuses Law Firm of Filing False Affidavit of Service CFPB Letters Demonstrate Support for State Medical Debt Credit Reporting Efforts Judge Recommends Dismissal of FCRA ‘Permissible Purpose’ Case Against Collector Ed.

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Law Firms Student loans Student Loans Loans 147

Consumer Finance

NOVEMBER 1, 2023

The Consumer Financial Protection Bureau (CFPB) published a new analysis on state Community Reinvestment Act laws, highlighting how states ensure financial institutions' lending, services, and investment activities meet the credit needs of their communities

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Financial Institution Banks 119

Account Recovery

FEBRUARY 8, 2022

A bill has been introduced in the state Assembly that would broaden the definition of a collection agency and make other nonsubstantive … The post Bill Introduced in California to Expand Definition of Collection Agency Under State Licensing Law appeared first on AccountsRecovery.net.

Collection Agencies 243

Collection Agencies Collections Agency Collections 243

Account Recovery

APRIL 25, 2022

A trio of plaintiffs who unsuccessfully tried to sue a collection law firm and three attorneys — who are facing charges for multiple felonies after allegedly forging proofs of service in collection lawsuits — in federal court have taken their case to state court, claiming violations of the Michigan Collection Practices Act.

Law Firms 246

Law Firms Collections 246

Account Recovery

JANUARY 7, 2022

NCLC PUBLISHES GUIDE OF STATE CONSUMER PROTECTION LAWS GOING INTO EFFECT IN … The post Daily Digest – January 7. FDCPA Class-Action Accuses Collector of Overshadowing; NCLC Publishes State Law Guide appeared first on AccountsRecovery.net.

Fair Debt Collection 246

Fair Debt Collection Collections 246

Account Recovery

FEBRUARY 22, 2023

If I mention Frank Vandersloot, Idaho, and medical debt collection, that may trigger your memory of a billionaire who lobbied and advocated for the enactment of the Idaho Patient Act, a law that went into effect two years ago that cracked down on what it labeled to be “aggressive” collection of medical debts.

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Collections 130

Account Recovery

JUNE 29, 2022

CFPB Issues Rule Outlining How States Can Enact Credit Reporting Laws; New Payment Platform Allows Consumers to Split Purchases appeared first on AccountsRecovery.net.

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Account Recovery

AUGUST 6, 2021

A District Court judge in Wisconsin has granted a defendant’s motion for partial summary judgment in a Fair Debt Collection Practices Act and Wisconsin Consumer Act case that accused the defendant of misrepresenting the level of attorney involvement and accelerating the debt and filing suit against the plaintiff without first giving him a right (..)

Banks 246

Banks Fair Debt Collection Judgment Collections 246

Account Recovery

MARCH 14, 2024

This is one of those cases that when I, a non-lawyer, reads it, seems really important and something people need to pay attention to, but I’m likely glossing over or missing something that any lawyer would pick up in five seconds and point out why this case isn’t a very big deal at all. The […]

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Debt collector Lawyers 147

Account Recovery

JUNE 8, 2022

REPORT RANKS STATES ACCORDING … The post Daily Digest – June 8. Judge Denies Plaintiff’s Motion for Reconsideration in FDCPA Case; Report Ranks States According to Medical Debt Collection Laws appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections Judgment 246

Troutman Sanders

NOVEMBER 2, 2023

Join Troutman Pepper Partner Chris Willis and his colleagues Joe Reilly and Chris Capurso as they discuss the impact of state licensing laws on the consumer financial services industry. Transcript: The Impact of State Licensing Laws (PDF)

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Financial services Lender 52

Account Recovery

MARCH 20, 2023

Appeals Court Affirms Ruling for Defense in FCRA Class Action; More States Moving Forward with Privacy Laws first appeared on AccountsRecovery.net. Appeals Court Affirms Ruling for Defense in FCRA Class Action; More States Moving Forward with Privacy Laws appeared first on AccountsRecovery.net.

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Account Recovery

OCTOBER 23, 2023

Bills Introduced in House, Senate to Prohibit Medical Debt Credit Reporting Utah Appeals Court Affirms Ruling for Debt Buyer Accused of Violating State Licensing Law California DFPI Launches Guide to Teach New Consumers About Debt Compliance Digest – October 23 Leading AR Management and Debt Collection Company CACi and Day Knight & Associates Merge (..)

Collection Companies 147

Collection Companies Collections 147

Account Recovery

OCTOBER 13, 2020

A District Court judge in Oregon has granted a defendant’s motion to dismiss a claim it violated a state collection law while also ruling that revocation of consent must be made to all parties instead of assuming that if consent is revoked to one party, then all other parties will be notified and also revoke … The post Judge Grants MTD (..)

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Collections 147

Account Recovery

FEBRUARY 22, 2023

Supreme Court Denies Petition in FDCPA Standing Case; Idaho AG to Intervene in Case Challenging State Collection Law first appeared on AccountsRecovery.net. Supreme Court Denies Petition in FDCPA Standing Case; Idaho AG to Intervene in Case Challenging State Collection Law appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 130

Jimerson Firm

MARCH 19, 2021

Lenders must ensure compliance with all relevant State and Federal laws and regulations to preserve their remedies for recovery. Florida State Laws. Lenders holding defaulted loans will first need to consider relevant Florida laws prior to beginning any foreclosure proceedings. Federal Laws and Regulations.

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Loans Foreclosure Lender Accrued Interest 98

Troutman Sanders

JANUARY 23, 2024

George and Cindy Hanson for a highly informative discussion on federal preemption as it relates to state laws and the Fair Credit Reporting Act (FCRA). Transcript: State Laws on Screening and Federal Preemption – Where Are We Now and Where Are We Heading?

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Government 52

Troutman Sanders

JANUARY 4, 2022

Colorado and Delaware have enacted new laws for automatic renewal or negative options offers. The new laws became effective January 1, 2022. Illinois already has a law on the books related to automatic renewals but has recently made a few minor amendments to it.

Trade 98

Trade 98

Troutman Sanders

FEBRUARY 14, 2024

These provisions normally empower insured state banks, insured savings associations, and state credit unions to charge the interest allowed by the state where they are located, regardless of the borrower’s location and regardless of conflicting state law ( i.e. , “export” their home state’s interest-rate authority).

Banks 52

Banks Credit Unions Credit Unions Financial Institution 52

Account Recovery

OCTOBER 23, 2023

The Utah Court of Appeals has affirmed a lower court’s ruling in favor of a debt buyer that was sued by a group of plaintiffs that alleged the debt buyer’s attempts to collect debts while unlicensed under the Utah Collection Agency Act (UCAA) constituted deceptive and unconscionable acts under the Utah Consumer Sales Practices Act […] (..)

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Collection Agencies Collections Agency Collections 130

Jimerson Firm

JANUARY 27, 2023

Am understanding of the changes to state NIL law is needed to understand the future and risks associated with the current NIL landscape. a state university, a Florida College System institution, or a private college or university receiving aid under chapter 1009. What is NIL?

Education 52

Education Legal Rights Trade Banks 52

Consumer Finance

MARCH 27, 2023

Today, the Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California, New York, Utah, and Virginia are not preempted by the federal Truth in Lending Act.

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Loans 87

Troutman Sanders

JULY 8, 2022

On June 28, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule , encouraging states to enact more laws regulating consumer reporting, arguing that states’ powers are only constrained in limited ways by the Fair Credit Reporting Act (FCRA). As a result, the scope of permissible state regulation is broad.

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Government 52

Troutman Sanders

JULY 7, 2023

On June 28, Connecticut Governor Ned Lamont signed into law Senate Bill 1032 entitled An Act Requiring Certain Financing Disclosures , which requires certain providers of commercial financing to make various disclosures and requires providers and brokers to register.

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Credit Unions Credit Unions Collateral Manufacturing 52

Fraser

JANUARY 21, 2021

The significant increase in remote workers due to COVID-19 has created new challenges and questions for many employers, including: What are the state tax and employment law compliance implications for employing out-of-state workers? Labor Employment Law Issues. Tax Issues for Employees.

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Troutman Sanders

JANUARY 27, 2023

On July 19, 2022, the Ninth Circuit Bankruptcy Appellate Panel ruled that a creditor’s proof of claim — while meeting the standard of the Bankruptcy Code — was insufficient to enforce the debt under state law and was therefore subject to disallowance. The bankruptcy court agreed with the creditor and overruled the objection.

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Bankruptcy Debtor Creditors Credit Card Debt 52