Account Recovery
OCTOBER 2, 2023
All eyes in the collection and financial services industry will be on Washington, D.C., tomorrow, specifically the building located at One First Street, where the nine justices of the Supreme Court will hear arguments that could fundamentally alter the trajectory of how companies are regulated. You can hear arguments in Consumer Financial Protection Bureau v.
Roths Child Law
OCTOBER 2, 2023
One of the first decisions to make after determining that filing for bankruptcy is your best option is whether to file under Chapter 7 or Chapter 13. For most filers, that determination is made when they either pass or fail the means test. Those who pass it are free to file under Chapter 7. But one often overlooked fact is that under some circumstances, those who do not pass the means test may still be able to file a Chapter 7 and not a Chapter 13 bankruptcy.
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Account Recovery
OCTOBER 2, 2023
Judge Grants MSJ for Defense in FDCPA Case Over Docs Submitted as Part of Underlying Collection Suit Previewing Tomorrow’s CFPB Hearing Before Supreme Court NYC Releases Amended Debt Collection Regs Compliance Digest – October 2 WORTH NOTING: Tonight’s Powerball jackpot is more than $1 billion. Are you going to be my new best friend?
Troutman Sanders
OCTOBER 2, 2023
On August 24, the U.S. District Court for the Southern District of Georgia denied the defendant’s motion to dismiss claims asserted under the Fair Debt Collections Practices Act (FDCPA), holding that for claims based on collections suits, the statute of limitations does not begin to run until the consumer is served with a copy of the underlying complaint.
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Account Recovery
OCTOBER 2, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
OCTOBER 2, 2023
A District Court judge in Maryland has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because the plaintiff alleged the defendant did not supply the proper paperwork when it filed a collection lawsuit against the plaintiff.
Collection Industry News
OCTOBER 2, 2023
The Supreme Court is set to hear oral arguments Tuesday in a case with the potential to gut the Consumer Financial Protection Bureau, a watchdog agency created in the wake of the 2008 financial crisis. The case — CFPB v. Community Financial Services Association of America — hinges on the constitutionality of the agency’s funding. If the high court sides with the CFSA, a trade group representing payday lenders, its ruling could have broad and significant impacts for consumers, according to legal
Account Recovery
OCTOBER 2, 2023
In a development that was first reported by ACA International, the New York City Department of Consumer and Worker Protection has announced proposed amendments to its debt collection regulations and will be holding a hearing next month to discuss the changes. A copy of the proposed new regulations can be accessed by clicking here.
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