Wed.Feb 19, 2025

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Court Dismisses FDCPA Lawsuit Over Debt Ownership Challenge

Account Recovery

If you’re going to accuse a collection operation of violating the Fair Debt Collection Practices Act by questioning whether the defendant actually owns the debt, acknowledging during a hearing that you aren’t alleging the defendant made any false statements is not going to help your case, which may be why a District Court judge in Minnesota granted the defendant’s motion to dismiss.

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Empowering Small Business Through Sustainability

Prosperity Now

During National Entrepreneurship Week, we recognize the ingenuity and resilience of small businessesthe backbone of our economy. As we look toward the future, ensuring that entrepreneurs can participate in the growing green economy is critical. Sustainable business practices offer opportunities for innovation, cost savings, and job creation; however, many small business owners face challenges in accessing these opportunities.

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Ninth Circuit Rules Accrued Interest on Refunded Fees Creates Standing to Sue

Account Recovery

The Court of Appeals for the Ninth Circuit has ruled that the interest which could have accrued on $50 in convenience fees that a plaintiff paid when making payments on a debt and the time when the defendant refunded those fees after being threatened with a lawsuit is enough for the plaintiff to have standing to sue in federal court, affirming the lower courts dismissal of the case.

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Which Industries Face the Highest Tariff Risk?

The Kaplan Group

Trade vulnerability is becoming a growing issue for many industries in the American economy. Certain industries are at significant risk if tariffs are raised. This increased vulnerability could disrupt supply chains and impact the overall economy with an increase in payment delays or defaults. A new study by The Kaplan Group found that several specific industries have a high-risk score.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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21 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.

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Daily Digest – February 19. Court Dismisses FDCPA Lawsuit Over Debt Ownership Challenge; Trump Issues Executive Order Expanding Presidential Power Over Independent Agencies

Account Recovery

Court Dismisses FDCPA Lawsuit Over Debt Ownership Challenge Trump Issues Executive Order Expanding Presidential Power Over Independent Agencies Ninth Circuit Rules Accrued Interest on Refunded Fees Creates Standing to Sue 21 Companies Seeking Collection Talent WORTH NOTING: A bunch of dog toys that are truly indestructible … Some of the perks that JPMorgan employees will enjoy at the company’s new headquarters … Mark Cuban weighs in on healthcare, likening doctors to subprime l

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Trump Issues Executive Order Expanding Presidential Power Over Independent Agencies

Account Recovery

In a move to centralize power within the White House, President Trump signed an executive order yesterday that seeks to give his administration greater control over several independent regulatory agencies like the Federal Trade Commission and the Federal Communications Commission. The directive requires these agencies, typically shielded from direct presidential oversight, to submit their proposed regulations to the White House for review while also establishing the power to block their expendit

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