Account Recovery
FEBRUARY 22, 2024
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.
UK debt collections
FEBRUARY 22, 2024
Well known Northern English Football club Rochdale FC are facing the very real prospect of liquidation as things stand. Rochdale currently sit mid-table in the National League and its not just on the field that they have being having problems. They need new investment by the end of March otherwise the National League club could face the prospect of liquidation, chairman Simon Gauge has warned.
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Account Recovery
FEBRUARY 22, 2024
(MADISON, Wis., February 21, 2024) – On a recent Saturday morning, 10 State team members jumped into the freezing waters of Madison, Wis., to raise money for Special Olympics!
Jimerson Firm
FEBRUARY 22, 2024
The Florida Consumer Collection Practices Act (FCCPA) is a pro-consumer statute. Unlike the FDCPA, which only applies to debt collectors, the FCCPA applies to all persons or businesses collecting consumer debts. As such, all businesses need to be aware of the statute and the risk and potential liability associated with the statute. Over the past few years, there have been new trends relating to the FCCPA and consumer litigation in general.
Speaker: Anna Tiomina, MBA
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?
Account Recovery
FEBRUARY 22, 2024
In a ruling that could cause ripples throughout the debt buying and collection industry, a state Appeals Court in Virginia has overturned a lower court’s decision in favor of a debt buyer, ruling that the debt buyer had “scanty and incomplete” evidence to prove it owned the debt and thus had a right to collect […]
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
FEBRUARY 22, 2024
The next wave of devices and services powered by artificial intelligence is here and they aim to make it easier for consumers to take care of errands and tasks easier than ever before.
Troutman Sanders
FEBRUARY 22, 2024
In this episode of The Consumer Finance Podcast, host Chris Willis and guest Lori Sommerfield discuss the status of the Department of Justice’s (DOJ) Combatting Redlining Initiative. The initiative, which has been underway for over two years, involves all federal financial institution regulators, including the OCC, FDIC, Federal Reserve Board, CFPB and HUD, and has resulted in a significant number of redlining cases brought by the DOJ.
Account Recovery
FEBRUARY 22, 2024
Getting to Know Robert J.
Jimerson Firm
FEBRUARY 22, 2024
Featured in the February 2024 Issue: Partner’s Perspective: An Ounce of Prevention is Worth a Pound of Cure “An ounce of prevention is worth a pound of cure.” That is the advice Benjamin Franklin gave to the city of Philadelphia in hopes of protecting the city from disastrous fires. Mr. Franklin sagely posited that time and money spent preventing fires is a more efficient and effective use of resources than spending time and money fighting fires.
Speaker: Melissa Hurrington
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.
Account Recovery
FEBRUARY 22, 2024
On the eve of a start of a trial against two debt collection companies, the Attorney General of Washington yesterday announced that one of those companies had reached a settlement that will see it pay $1 million after it was accused of violating state law by failing to provide disclosures related to charity care and […]
Collection Industry News
FEBRUARY 22, 2024
Move will forgive debts of people who borrowed $12,000 or less and have been repaying the money for at least 10 years. US President Joe Biden has said that his administration was cancelling $1.2bn worth of student loans for almost 153,000 people. Biden, who is undertaking a three-day campaign swing through California, made the announcement on Wednesday as part of a new repayment plan that offers a faster path to forgiveness.
Troutman Sanders
FEBRUARY 22, 2024
Recently, three Republican members of the U.S. House of Representatives’ Financial Services Committee, Patrick McHenry, Mike Flood, and French Hill, sent a joint letter to the Consumer Financial Protection Bureau (CFPB or Bureau) urging the agency to reopen the comment period and reconsider its November 2023 proposed rule regarding digital consumer payment applications.
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