Tue.Nov 12, 2024

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Maryland Appeals Court Ruling Limits Litigation Privilege in Debt Collection Cases

Account Recovery

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.

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CFPB Pilot Study Finds Differential Treatment in Small Business Lending Markets

Consumer Finance

The CFPB released a study revealing significant disparities in how lenders treat Black and white small business owners seeking loans.

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Collector Sued for Allegedly Calling Plaintiff Names, Artificially Raising Balance

Account Recovery

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!

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CFPB Survey Reveals Impacts of Student Loan Debt Relief and Repayment Challenges

Consumer Finance

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.

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Solve Your Firms Automation Complexities Once and For All

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.

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CFPB 2024 Annual Report

Burt and Associates

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Navigating the World of Collections

Burt and Associates

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Payment Declines Are Falling, But Still Hitting Struggling Consumers Hard

Account Recovery

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.

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Case Study Plumbing

Burt and Associates

{ "@context": "[link] "@type": "VideoObject", "name": "Commercial Debt Collection Strategies", "description": "A deep dive into commercial debt collection tactics, emphasizing …

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Stephen W. Sather to speak at the 43rd Annual Jay L. Westbrook Bankruptcy Conference

BN Lawyers

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.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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California Debt Collection

Burt and Associates

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Republicans Call for Halt to Rulemaking at FCC During Transition

Account Recovery

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.

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Daily Digest – November 12. Collector Sued for Allegedly Calling Plaintiff Names, Artificially Raising Balance; Maryland Appeals Court Ruling Limits Litigation Privilege in Debt Collection Cases

Account Recovery

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