Account Recovery
JUNE 5, 2023
Facing the possibility of a $3 billion claim from the Consumer Financial Protection Bureau, the parent company of Lexington Law and CreditRepair.com filed for Chapter 11 bankruptcy protection yesterday. A copy of the filing, filed in the Bankruptcy Court for the District of Delaware, can be accessed by clicking here.
Consumer Finance
JUNE 5, 2023
The Consumer Financial Protection Bureau (CFPB) today released a new issue spotlight on the expansive adoption and use of chatbots by financial institutions.
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Account Recovery
JUNE 5, 2023
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.
Collection Industry News
JUNE 5, 2023
Here are some factors to consider when determining if attending debt collection conferences is valuable for you: 1. Networking Opportunities: Debt collection conferences bring together professionals from the industry, including debt collectors, lawyers, compliance experts, and technology providers. Networking with industry peers can offer opportunities to build relationships, exchange ideas, and learn from others’ experiences.
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Account Recovery
JUNE 5, 2023
JUDGE REMANDS FDCPA CASES BACK TO STATE COURT, CALLS OUT ‘REMARKABLE UNIFORMITY’ OF COMPLAINTS I will freely admit that there are a lot of people who have been following Fair Debt Collection Practices Act caselaw for a lot longer than I have, but, for my money, Judge Brian Cogan of the District Court for the …
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JUNE 5, 2023
I will freely admit that there are a lot of people who have been following Fair Debt Collection Practices Act caselaw for a lot longer than I have, but, for my money, Judge Brian Cogan of the District Court for the Eastern District of New York might have the most honest and blunt assessment of …
Account Recovery
JUNE 5, 2023
Have the scales finally tipped in favor of text messaging as the most preferred form of communication among consumers? The number of consumers who are interested in receiving text message billing notifications from their healthcare provider increased to 59% in 2023, from 45% a year earlier, according to data released last week.
Account Recovery
JUNE 5, 2023
A plaintiff in a Fair Debt Collection Practices Act case has learned an important schoolyard lesson – no backsies.
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