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I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de
A District Court judge in Mississippi has approved a settlement in a Fair Debt Collection Practices Act class action that will see the defendant pay $14,000 to the plaintiffs and their attorneys. The settlement stems from allegations that the defendant failed to include a validation disclosure in debt collection letters sent to the plaintiff in 2021.
New YorkCNN This year was brutal for a number of well-known companies and their bottom lines. As inflation continued to rear its ugly head, consumers slashed their discretionary spending, tilting some companies to file for bankruptcy. Other brands fell victim to changing trends or even more malicious ailments, like cyberattacks. At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an outplacement services firm.
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Getting to Know Shelda Griffen of Sherloq Financial Judge Approves $14k Settlement in FDCPA Class Action Chopra Wont Resign, Says CFPB Will Continue Agenda to Avoid Being Dead Fish Consumer Credit Outlook: Slowing Growth and Stabilizing Delinquencies WORTH NOTING: Ideas to help you maximize the space of a tiny bedroom … Explaining the psychology behind “the ick” … Well, that’s one way to return something you didn’t want anymore … Older workers are happie
CFPB Director Rohit Chopra reiterated during a Senate Banking Committee hearing yesterday that if President-elect Trump wants someone else to run the Bureau when he takes office next month that he is going to have to fire Chopra because the current director has no plans to resign. Catch up fast: Chopra, who was confirmed as CFPB Director in September 2021, emphasized during the hearing his respect for the president’s authority to remove him.
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