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A Maryland Appeals Court has vacated the dismissal of a class-action complaint accusing a healthcare provider of violating state collection law, ruling that the common law litigation privilege does not shield debt collectors from liability under the Maryland Consumer Debt Collection Act (MCDCA) and the Maryland Consumer Protection Act (MCPA). The ruling emphasizes that collectors are not immune from liability when attempting to collect debts they allegedly know are not owed by consumers.
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? Call (855) WEB-RECON or email admin@webrecon.net today!
The CFPB issued its first results from its Student Loan Borrower Survey, providing insights into the effects of student loan debt relief programs and the challenges borrowers face in navigating repayment options.
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?
CANTON, Ga.–Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) a leading provider of compassionate medical and commercial debt recovery services, is proud to announce that it has successfully achieved SOC 2 Type I compliance. This certification affirms Capital Recovery’s dedication to maintaining the highest standards of data security, availability, and privacy for its customers and partners.
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Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
CANTON, Ga.–Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) a leading provider of compassionate medical and commercial debt recovery services, is proud to announce that it has successfully achieved SOC 2 Type I compliance. This certification affirms Capital Recovery’s dedication to maintaining the highest standards of data security, availability, and privacy for its customers and partners.
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Key takeaways: Payment declines are becoming less common overall, but financially struggling consumers continue to face them at disproportionately high rates, according to a new PYMNTS Intelligence report. The big picture: The share of consumers experiencing a payment decline in the previous 30 days fell from 18% to 12% between September 2022 and September 2024.
Stephen W. Sather will be joining Catherine Curtis to speak on Difficult Valuations: How to Determine Value on Complex Assets? At the 43rd Annual Jay L. Westbrook Bankruptcy Conference sponsored by the University of Texas School of Law on November 22, 2024. The Westbrook Conference is a leading bankruptcy conference held in the State of Texas and attracts practitioners, academics and judges from across the country.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Congressional Republicans are putting pressure on the Federal Communications Commission to pause work on controversial items following the recent election. Sen. Ted Cruz [R-Texas] and Rep. Cathy McMorris Rodgers [R-Wash.] have both sent what are known as “pencils down” letters to FCC Chairwoman Jessica Rosenworcel, urging the agency to focus only on non-controversial matters until the new administration takes office.
Collector Sued for Allegedly Calling Plaintiff Names, Artificially Raising Balance Maryland Appeals Court Ruling Limits Litigation Privilege in Debt Collection Cases Republicans Call for Halt to Rulemaking at FCC During Transition Payment Declines Are Falling, But Still Hitting Struggling Consumers Hard Capital Recovery Corporation Achieves SOC 2 Type I Compliance, Demonstrating Commitment to Data Security and Privacy WORTH NOTING: Some things to keep in mind if you are searching for a health in
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