Appeals Court Rules Against Federal Government in FDCPA Case
Account Recovery
OCTOBER 4, 2021
There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons.
Trade Body calls on Government to improve its Debt Collection methods
UK debt collections
FEBRUARY 12, 2025
In a new report, the Credit Services Association (CSA), the UK trade body for the debt collection and debt purchase sector, has called on the Government to improve its debt collection methods for collecting debts to help service users more effectively and boost collections revenues.
Government 
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Washington State Appeals Court Upholds Attorney Fee Award in Debt Collection Case
Account Recovery
DECEMBER 31, 2024
A state appeals court in Washington has affirmed an attorney’s fee award for the plaintiff in a debt collection case, agreeing with the lower court that counterclaims brought by the defendant, a collection operation, were frivolous.
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Ed. Dept. Delays Start of Student Loan Collections Until 2025
Account Recovery
OCTOBER 23, 2024
The Department of Education is making its student loan collection on-ramp a little longer, announcing that it will start reporting late or missed student loan payments to credit bureaus in early 2025, a delay from the originally planned start date this month.
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Daily Digest – May 4. Hunstein-Related Class Actions Continue Piling Up; Cordray Back in Federal Government
Account Recovery
MAY 4, 2021
HUNSTEIN-RELATED CLASS ACTIONS CONTINUE PILING UP The number of 1692c(b) lawsuits alleging that a debt collector communicated information with a third party in violation of the Fair Debt Collection Practices Act continues to explode in the weeks following the Eleventh Circuit Court of Appeals’s ruling in Hunstein v.
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AFSA Submits Comment Letter on Proposed Amendments to NYC Debt Collection Regs
Account Recovery
DECEMBER 16, 2024
Proposed amendments to New York Citys rules governing debt collection have drawn significant scrutiny from trade groups outside the collection industry, most notably the American Financial Services Association (AFSA), which submitted a comment letter last week regarding the proposed amendments.
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FTC Sues Perpetrators of Phantom Collection Scheme
Account Recovery
MARCH 4, 2025
Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. Additionally, the complaint highlights that the defendants impersonated existing businesses, violating the FTCs Rule on Impersonating Government and Businesses. Learn more.
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GAO Reviews Debt Collection Rule
Account Recovery
FEBRUARY 3, 2021
The Government Accountability Office has issued a report analyzing the Consumer Financial Protection Bureau’s compliance with procedural steps related to its release of the debt collection rule, which the GAO is required to perform and provide to both houses of Congress. A copy of the report can be accessed by clicking here.
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Report Details Collection Efforts of Agencies Working IRS Accounts
Account Recovery
JANUARY 9, 2023
Comparing your collection efforts to that of your peers is tough. So, when information about collection performance is publicized — audited information signed off on by the federal government — it’s worth publicizing. Companies can be reluctant to share specifics and may even present misleading information.
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Report Breaks Down Pros, Cons of IRS’s Private Collection Agency Program
Account Recovery
NOVEMBER 3, 2021
A nonpartisan public policy institute that is part of Congress has published a report on the Internal Revenue Service’s Private Collection Agency program, detailing its history and sharing the pros and cons of using private companies to collect on debts owed by taxpayers to the federal government.
Hearing Today to Discuss Rules Implementing N.M. Medical Debt Collection Law
Account Recovery
SEPTEMBER 27, 2021
A virtual hearing is being held this morning, and comments are due later this afternoon to the New Mexico Office of Superintendent of Insurance to implement a new law that went into effect this year governing how medical debt is being collected. Medical Debt Collection Law appeared first on AccountsRecovery.net.
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We are “all in” when advocating for the collection industry
American Profit Recovery
AUGUST 11, 2021
That includes how we can work in the best interest of the clients that hire us, the consumers that are struggling with their finances, and the overall health and effectiveness of the collection industry. No government or elected official can be educated on every issue that lies in front of them. We have always wanted to do our part.
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Hearing Today in Industry Case Against New Nevada Medical Collection Law
Account Recovery
JULY 27, 2021
A hearing is scheduled for this afternoon in before a federal judge in Nevada courtroom attorneys representing a dozen collection agencies and ACA International will seek to obtain a temporary restraining order blocking legislation that governs how medical debts are collected in the state. The law went into effect on July 1.
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Colorado AG Issues Guidance Related to Collection Agencies Working Remotely
Account Recovery
AUGUST 23, 2022
The Colorado Attorney General’s Consumer Credit Unit last week published new guidance related to the enactment of a law governing remote work for licensed lenders while also noting that the guidance originally enacted at the start of the pandemic in 2020 remains in effect for entities not covered by the new law, including collection agencies, (..)
Processor With Ties to Collection Agencies Drops Challenge to Seized $400k
Account Recovery
APRIL 18, 2022
A company accused of allegedly laundering money for debt collection firms has relinquished its claim to nearly $400,000 that was seized by government prosecutors who are seeking to crack down on fraud and illegal debt collection activities by companies in Western New York, according to a published report.
Industry Files Suit to Block Enactment of Nevada Medical Debt Collection Law
Account Recovery
JUNE 29, 2021
A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state.
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Collection Agency Wins MSJ Against S.C. AG in Anti-Spoofing Lawsuit
Account Recovery
JULY 14, 2022
AG in Anti-Spoofing Lawsuit appeared first on AccountsRecovery.net.
Swiss Government takes debt collection action over unpaid fees
UK debt collections
NOVEMBER 5, 2021
The Swiss government has started debt collection proceedings to recover almost half a million francs spent on Covid repatriations. Swiss authorities have begun debt collections against people who were flown back to the country at the government’s expense at the start of the pandemic. . million of an estimated 7.5
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Judge Denies MTD in Case Against Collection ‘Kingpin’ For Attempting to Keep House From Being Seized
Account Recovery
OCTOBER 29, 2021
A District Court judge in New York has denied a motion to dismiss a complaint filed against a collection “kingpin” and his family by the Consumer Financial Protection Bureau after they were sued for attempting to fraudulently transfer ownership of a $1.6
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Government is Making Debt Recovery a lot Harder
Nexa Collect
JANUARY 14, 2023
The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Our government’s intention behind these laws is not wrong, but the ground reality is different. . There are thousands of collection agencies in the USA, but most are small. New Regulations.
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Ed. Dept. Will Not Use Tax Refunds, Social Security to Collect on Defaulted Student Loans Until November
Account Recovery
FEBRUARY 16, 2022
The Department of Education has announced it will suspend the seizure of tax refunds, Social Security payments, and other government payments to collect on defaulted student loans through November. Will Not Use Tax Refunds, Social Security to Collect on Defaulted Student Loans Until November appeared first on AccountsRecovery.net.
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Daily Digest – June 29. Industry Sues Nevada to Block Collection Law; Judge Grants MSJ For Defendant Over Credit Karma Report
Account Recovery
JUNE 29, 2021
INDUSTRY FILES SUIT TO BLOCK ENACTMENT OF NEVADA MEDICAL DEBT COLLECTION LAW A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state.
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Finvi Announces Retirement of Rozanne Andersen, a Decades-Long Luminary Leader in the Collections Industry
Account Recovery
JANUARY 29, 2025
Andersen’s illustrious career spans over three decades, during which she established herself as a leading authority on compliance within the collections, debt purchasing, and financial services industries. Rozanne built her career on advancing the interests of the debt collection industry like no other, said John H. Bedard, Jr.,
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9 mistakes your business may be making when collecting debt
American Profit Recovery
SEPTEMBER 6, 2023
Collecting debt is just something a business of any size will have to do. Not getting paid on time for many businesses can create an environment where that business makes mistakes in collecting that debt. At the very least, your business should understand the Fair Debt Collection Practices Act (FDCPA.)
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Questions to ask a commercial collection agency before hiring
American Profit Recovery
FEBRUARY 9, 2023
A commercial collection agency is an agency that works to resolve debt between two businesses. Commonly known as B2B debt collections, it’s the process of mediating financial disputes and overdue invoices owed to a commercial client. You will preserve future revenue by hiring the right commercial collection agency.
Judge Dismisses FDCPA Case Over Text Message for Second Time
Account Recovery
FEBRUARY 21, 2025
The background: Back in July, the defendant sent a text message to the plaintiff attempting to collect a debt tied to an unpaid wireless phone account. The plaintiff filed a lawsuit, alleging a violation of Section 1692c(c) of the FDCPA, which governs communications after a consumer has indicated an intent to cease communications.
Daily Digest – October 4. Appeals Court Rules Against Gov’t in FDCPA Case; Breaking Down ‘Hidden’ Costs of Credit Scoring Apps
Account Recovery
OCTOBER 4, 2021
APPEALS COURT RULES AGAINST FEDERAL GOVERNMENT IN FDCPA CASE There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons.
Debt Collections Good For the Economy
American Profit Recovery
JULY 27, 2020
But did you know that debt collections were also a big part of a healthy economy? But the collection industry is directly responsible for putting a large amount of money back into our economy and into the hands of business. That’s the first reason why debt collections matter to the economy and to the consumer in general.
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N.Y. AG Releases Guide to Help Protect Consumers’ Assets
Account Recovery
FEBRUARY 20, 2025
” Additionally, the law safeguards crucial government benefits, including Social Security, disability benefits, unemployment insurance, and veterans’ benefits. These protections also extend to retirement funds like 401(k)s and IRAs, ensuring that these vital sources of income are shielded from aggressive collection tactics.
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Maryland AG Proposes Collection Moratorium Extension Through January 2021
Account Recovery
JULY 28, 2020
The Attorney General of Maryland has proposed extending a moratorium on evictions and debt collection actions through Jan. The moratorium, which ended July 25, prohibited debt collection cases in state courts.
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Judge Grants TRO in Case Against Alleged Collection Scammers
Account Recovery
SEPTEMBER 28, 2020
The Attorney General of New York has filed a lawsuit and obtained a temporary restraining order shutting down a collection operation that allegedly used a call spoofing service to impersonate government officials and made fraudulent threats to the individuals and their friends and family members.
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FTC Report Analyzes How Fraud and Scams Affect Communities of Color
Account Recovery
OCTOBER 20, 2021
Debt collection, student loan debt relief, payday loans, and government impersonators are just a few of the categories highlighted in a Federal Trade Commission report that analyzes the regulator’s effort at addressing fraud and consumer issues that are affecting communities of color, which was released earlier this week.
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CFPB Report Highlights Gaps in Financial Data Privacy Protections
Account Recovery
NOVEMBER 13, 2024
Why it matters: The CFPB’s report draws attention to how existing federal privacy protections, primarily governed by the Gramm-Leach-Bliley Act (GLBA) and the Fair Credit Reporting Act (FCRA), have limitations in safeguarding consumer financial data.
Massachusetts debt collection laws: What do business owners need to know?
Collections Law
OCTOBER 21, 2024
Cohen & Associates LLC, our commercial collections lawyers have more than 50 years of combined experience. They have dedicated their practice to collecting commercial debts in Massachusetts. What are the most important Massachusetts debt collection statutes for business owners? At Law Offices of Alan M.
What are some common mistakes that businesses make when trying to collect unpaid debts?
Collections Law
FEBRUARY 26, 2025
Business owners in Massachusetts are likely familiar with the frustrations of trying to collect unpaid debts. Cohen & Associates LLC, our aggressive and relentless commercial collections attorneys have more than 60 years of combined experience helping Massachusetts business owners collect their unpaid debts.
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Maine Credit Reporting Amendments Pre-Empted by FCRA, Judge Rules
Account Recovery
OCTOBER 12, 2020
A District Court judge in Maine has granted a trade association’s motion for judgment after it sued the state for enacting laws that governed how, among other things, medical debts are reported to credit reporting agencies by collection agencies. A copy of the ruling in the case of Consumer Data Industry Association v.
Federal Gov’t Announces Crackdown on Discrimination in Financial Services
Account Recovery
OCTOBER 25, 2021
It might not specifically mention debt collection or the accounts receivable management industry, but everyone’s ears should still be perking up after a number of departments within the federal government on Friday announced a crackdown on discrimination in the financial services industry.
Court Rules Collector Owes Finder’s Fee
Account Recovery
OCTOBER 1, 2022
The Court of Appeals for the Third Circuit has overturned a summary judgment ruling in favor of a collector, ruling that it does owe a finder’s fee to a company it hired to help it secure a contract to collect on debts owed to the federal government.
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15M Could Lose Medicaid Coverage When Pandemic Ends: Study
Account Recovery
SEPTEMBER 21, 2021
When the federal government declares the COVID-19 public health emergency to finally be over, as many as 15 million individuals could lose their health insurance coverage through Medicaid, according to a new study, which would likely result in a lot more medical debt to be collected for the accounts receivable management industry.
Calif. DFPI to Get $7M More in Proposed Budget
Account Recovery
JANUARY 13, 2022
The Governor of California has earmarked more than $11 million of the budget for the state’s Department of Financial Protection & Innovation to “protect consumers and ensure transparency of the debt collector industry through strong government oversight and data collection.” ” The item was part of Gov.
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Mainstream Media Picks up Scent of Social Media Contacts Following Enactment of Reg F
Account Recovery
DECEMBER 2, 2021
When the Consumer Financial Protection Bureau issued its proposed debt collection rule back in May 2019, there were a rash of headlines in the mainstream media warning consumers that debt collectors were going to start messaging them on Facebook and other social media platforms.
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Bills Introduced in House, Senate to Amend SCRA
Account Recovery
OCTOBER 28, 2021
Separate bipartisan bills were introduced yesterday in both the House of Representatives and the Senate to amend the Servicemembers Civil Relief Act, which protects members of the Armed Forces and other branches of the government from certain financial situations, including judgments, garnishments, and other adverse collection-related actions.
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Banned Collector Facing Five Years in Prison Following Guilty Plea
Account Recovery
OCTOBER 12, 2022
Greg MacKinnon, who was part of a group of collectors that were permanently barred from collections back in 2018, yesterday pleaded guilty in federal court to charges of conspiring to defraud the government out of more than $3 million in unpaid taxes.
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Government slammed over plans that will fuel Private Rent Arrears
UK debt collections
OCTOBER 8, 2024
Government Ministers are being urged to do more to prevent tenants building up private rent arrears, not allow them to get bigger as currently planned. The Government and the courts should adopt the NRLA’s ready-made ‘golden rules’ as the blueprint to help such discussions.
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