Account Recovery

JULY 30, 2024

Collector Sued for Contacting Plaintiff’s Family Members Hundreds of New Comments Filed on Medical Debt Credit Reporting Proposal Judge Grants Motion to Compel Arbitration After Letter Sent to Collect on Satisfied Debt Cost of Data Breach Rises to Nearly $5M: Report WORTH NOTING: Inflation may be causing consumers to cut back, but they are still […]

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Account Recovery

JULY 30, 2024

EDITOR’S 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?

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Account Recovery

JULY 30, 2024

Comments are currently being accepted regarding the Consumer Financial Protection Bureau’s proposed rule that would prohibit creditors from using medical debts when determining whether a consumer is eligible for credit. The comment period is open until August 12.

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Account Recovery

JULY 30, 2024

A District Court judge in New Jersey has granted a defendant’s motion to compel arbitration in a dispute involving a collection agency and a consumer, after the agency sent a collection letter to the plaintiff to collect on a debt that had already been satisfied by a judgment.

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Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

JULY 30, 2024

The global average cost of a data breach stands at $4.88 million — a 10% increase from the previous year, according to a report released by IBM and the Ponemon Institute. This surge, driven by business disruption and post-breach responses, underscores the critical need for robust cybersecurity measures.

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