Katabat

DECEMBER 2, 2019

SoFi will leverage Katabat’s industry-leading Restore collections platform, to deliver an omnichannel experience for consumer collections. We are delighted that they have selected Katabat’s solution to enhance digital collections by meeting members where they are at,” said Ray Peloso, Katabat CEO.

Personal loans 78

Personal loans Loans Collections Debt Management 78

Qualco

APRIL 15, 2024

Designed with financial institutions in mind, the QCR Accelerator excels in early-stage collections and goes beyond, providing rapid deployment and immediate return on investment benefits. HURDLES IN DEBT RECOVERY Financial institutions are encountering considerable difficulties in collecti ons concerning unsecured loans.

Financial Institution 97

Financial Institution Collections Debt Recovery Unsecured Debt 97

Troutman Sanders

MAY 24, 2022

(SoLo) for allegedly engaging in unfair, deceptive, and abusive acts and practices (UDAAPs) in violation of the Consumer Financial Protection Act of 2010, as well as for operating in Connecticut without a small loan company license or a consumer collection agency license.

Lender 52

Lender Loans Collection Agencies Collections Agency 52

Collection Industry News

JULY 12, 2022

The appeal arose from a lawsuit brought by two Florida homeowners (“Debtors”) against their home loan servicer (“Servicer”) for alleged violations of the FDCPA and Florida’s Consumer Collection Practices Act. After defaulting on their home loan, a foreclosure suit was instituted. to be paid in one year. Daniels , 34 F.4th

Debtor 40

Debtor Foreclosure Debt collector Loans 40

Troutman Sanders

JULY 7, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. The rules cover loans on principal residences, generally exclude small servicers, and will take effect on August 31.

Financial services 52

Financial services Financial Institution Student Loans Student loans 52

Burr Forman

DECEMBER 4, 2020

Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumer loan servicing and debt collection. This Bulletin serves as an update to that non-exhaustive compilation of information.

Financial Institution 52

Financial Institution Garnishment Collections Foreclosure 52