Account Recovery
JUNE 14, 2024
With all the talk about medical debt this week as a result of the Consumer Financial Protection Bureau’s proposed medical debt credit reporting rule, it’s perhaps interesting to note that a majority of consumers feel forgiving medical debt is more important than forgiving student loan debt, according to the results of a new poll.
UK debt collections
JUNE 14, 2024
Tenancies ending with unpaid rent arrears of more than five weeks’ rent have leapt to 17%, new research reveals. The findings from deposit alternative platform Reposit show that landlords needed to reclaim at least five weeks of rent to cover costs such as arrears or damage. Increasing problem This figure rose 4% from a previous average of 13% last year.
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Account Recovery
JUNE 14, 2024
A District Court judge in Louisiana has granted class certification in a lawsuit involving alleged violations of the Fair Debt Collection Practices Act. The case centers on attempts to recover overpayments from a grant program established to aid homeowners affected by Hurricanes Katrina and Rita.
Hudson Weir
JUNE 14, 2024
Employers in the UK have a legal obligation to provide payslips to their employees. So, is there a penalty for not issuing payslips in the UK? These documents not only outline the breakdown of earnings and deductions but also serve as crucial records for both the employer and the employee. Despite this requirement, some employers might neglect to issue payslips, either due to oversight or deliberate non-compliance.
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
JUNE 14, 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?
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JUNE 14, 2024
A number of Senate Republicans, including Sen. Tim Scott [R-S.C.], the Ranking Member of the Senate Banking Committee, are introducing legislation that would place the Consumer Financial Protection Bureau under the congressional appropriations process.
Account Recovery
JUNE 14, 2024
Collector Facing FDCPA Class Action for Including Creditor Name in ‘Large, Bold Capital Letters’ in Letter Judge Certifies Class Action in FDCPA Case Over Hurricane Grants Senate Republicans Introduce Bill to Change CFPB Funding Source Public Prefers Medical Debt Forgiveness to Student Loan Debt Forgiveness: Poll WORTH NOTING: You can now get your passport renewed […]
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