Tue.Apr 15, 2025

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Bill Introduced to Prohibit Time-Barred Collection Lawsuits

Account Recovery

A bill has been reintroduced in the House of Representatives that would prohibit lawsuits filed to collect debts for which the statute of limitations has expired, while also placing additional conditions on time-barred debts that are sold. The Fair Debt Collection Improvement Act, H.R. 2704, was introduced again by Rep. Steve Cohen [D-Tenn.]. The bill seeks to amend the Fair Debt Collection Practices Act.

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FCC Orders to Take Effect While Comment Period to Identify Burdensome Rules Opens 

True Accord

APRIL 15 UPDATE: FCC GRANTS ACAS PETITION TO EXTEND EFFECTIVE DATE On April 7, 2025, the Federal Communications Commission FCC issued an order granting a limited waiver that extends the effective date for a full yearto April 11, 2026 of the revocation provisions from the February 2024 Order.The specific rule section that is being delayed is 47 CFR 64.1200(a)(10) of the Commissions Order requiring businesses to treat a consumers reasonable revocation to revoke consent as revocation for all futur

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Court Grants Motion to Dismiss FDCPA Case for Second Time, Denies Sanctions

Account Recovery

A District Court judge in Oregon has granted for the second time a defendant’s motion to dismiss a Fair Debt Collection Practices Act lawsuit, while also denying the defendant’s motion for sanctions. The decision, made by Judge Michael H. Simon of the District Court for the District of Oregon, comes after the plaintiff, representing herself, filed an amended complaint alleging the defendant falsely marked her account as disputed when furnishing information to the credit reporting a

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Cost-Effective by Design: The QUALCO Approach to Smart Returns

Qualco

Cost-effectiveness isnt just about cutting costs. For financial institutions, its about delivering greater value for everything invested improving operational performance, reducing risk, increasing recovery, and ensuring long-term resilience with limited resources. In modern collections, this translates into the ability to scale operations without scaling complexity, automate what slows you down, and deliver measurable outcomes faster.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Daily Digest – April 15. Suit Accuses Collector of Trying to Collect VA Debt; Court Grants Motion to Dismiss FDCPA Case for Second Time, Denies Sanctions

Account Recovery

Suit Accuses Collector of Trying to Collect VA Debt Court Grants Motion to Dismiss FDCPA Case for Second Time, Denies Sanctions CFPB to Review All Weaponized Guidance Bill Introduced to Prohibit Time-Barred Collection Lawsuits WORTH NOTING:Ideas to help make your Easter baskets stand out and be special … Pharmaceutical pollution in the water is changing the behavior of salmon, according to new research … Why you may want to go for white rice instead of brown rice from now on …

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Suit Accuses Collector of Trying to Collect VA Debt

Account Recovery

EDITORS NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!

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CFPB to Review All ‘Weaponized’ Guidance

Account Recovery

The acting director of the Consumer Financial Protection Bureau has announced a plan for the Bureau to undertake a comprehensive internal review of its regulatory guidance documents, such as the medical debt collection guidance it announced in a court filing last week that it was planning to revoke. In a memo that was circulated last Friday, Russell Vought, the CFPB’s acting director, announced the agency would stop issuing sub-regulatory guidance documents and would rescind prior guidance