Mon.Feb 03, 2025

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WRIGHT v. McDONALD January 24, 2025 NH Trust Docket Order

McLane

This Order is offered for educational purposes only. References to law and rules may not be current or accurate. Counsel must evaluate whether the Order has utility in a given case. Download Photo: RawPixel.

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Judge Grants Defendant’s Motion to Set Aside Default Judgment in FDCPA Case

Account Recovery

A District Court judge in California has denied a plaintiff’s motion for default judgment and granted a defendant’s motion to set aside default in a Fair Debt Collection Practices Act case, ruling that the defendant was not properly served and had demonstrated a meritorious defense. Judge M. James Lorenz of the District Court for the Southern District of California found that the defendant did not engage in culpable conduct, had a valid defense, and that allowing the case to proceed

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The State of Small Business Debt in 2024: Insights from Global Data

Burt and Associates

The Growing Burden of Small Business Debt Small businesses are the backbone of the U.S. economy, making up 99.9% of all businesses and employing nearly half of the private workforce. However, maintaining financial stability remains a major challenge. According to the Global Findex Database 2021 , small business debt has continued to rise due to economic uncertainty, high-interest rates, and cash flow constraints.

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Google Tests AI-Powered Feature to Call Businesses on Your Behalf

Account Recovery

Google is testing a new AI-driven feature designed to streamline how consumers interact with local businesses. The Ask for Me tool, currently in the experimental phase, allows users to request services from businesses without having to make a direct phone call. Instead, the AI performs the task for you, gathering details about pricing and availability, and summarizing the findings.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

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?

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Social Media’s Impact on Modern Life & Legal Proceedings

Jimerson Firm

Social media has fundamentally transformed how legal cases unfold in modern courtrooms, creating both opportunities and challenges for law enforcement, attorneys, and the justice system. From criminal investigations to civil litigation, platforms like Facebook, Instagram, and Twitter have become invaluable sources of evidence while simultaneously raising new questions about privacy, authenticity, and admissibility.

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Wyoming Lawmakers Vote Against Medical Debt Credit Reporting Bill

Account Recovery

State lawmakers in Wyoming have struck down a bill that would have prohibited the inclusion of medical debt on consumers’ credit reports, acknowledging many of the exact arguments that have been used elsewhere in opposition to such proposals. Driving the news: House Bill 195, introduced by Rep. Karlee Provenza, a Democrat, sought to ban medical debt from being included in credit reports.

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Treasury Secretary Named CFPB Acting Director, Orders Halt to Enforcement Actions, Rulemaking, Litigation

Account Recovery

Treasury Secretary Scott Bessent was appointed acting director of the Consumer Financial Protection Bureau by President Donald Trump today, and subsequently ordered a broad shutdown of the agencys operations, signaling a potential shift in the agencys direction. EDITOR’S NOTE: Sign up for a webinar on Thursday at 2:30pm ET to learn more about the impact of these developments on the credit and collection industry.

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Compliance Digest – February 3

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management Turnkey Speech Analytics. And Our New BLG360 Program Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.