Account Recovery
NOVEMBER 29, 2024
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Collection Industry News
NOVEMBER 29, 2024
It was a record-breaking fundraising campaign: Vice President Kamala Harris raised more than $1bn in less than four months, during which she strove to win the US presidency, after President Joe Biden withdrew from the race in July. Now, as the dust settles on her failed bid, following her November 5 defeat to Donald Trump, a storm threatens to kick off over those very finances, after a Democratic National Convention (DNC) official declared that the Harris campaign was $20m in debt.
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Account Recovery
NOVEMBER 29, 2024
A California Appeals Court has reversed a lower court’s ruling in favor of a collection law firm and debt collection operation that were sued for violating the Fair Debt Collection Practices Act (FDCPA), ruling that the public interest exception to the state’s anti-SLAPP law applies to the case. The background: The plaintiff, who had defaulted on student loans, was sued by a collection law firm.
Account Recovery
NOVEMBER 29, 2024
Collector Sued for Not Honoring Email Opt Out Musk Calls for Elimination of CFPB CFPB Plans to Move Forward with Medical Debt Credit Reporting Rule: Report California Appeals Court Overturns Ruling in Debt Collection Case WORTH NOTING: A pug won the National Dog Show for the first time ever … How to save $100 every month on your food bill … A lot of people are moving to Southern states, but it’s not for the weather … If you want to be financially successful, you may need
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
NOVEMBER 29, 2024
And you thought the Thanksgiving holiday weekend was going to be a slow news day … Billionaire Elon Musk, who has been tasked by President-elect Trump with identifying ways to reduce government spending, suggested in a post on his social media platform on Wednesday that the Consumer Financial Protection Bureau be eliminated because it is a “duplicative regulatory” agency.
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