Fri.Dec 13, 2024

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Legal Protection in B2B Sales: The Power of Contracts

Enterprise Recovery

In B2B sales, a signed contract is of immense sanctity. It serves as the cornerstone for ensuring security and trust between business partners. These contracts provide a clear framework for the business relationship, outlining the rights and obligations of each party involved. This assurance is invaluable in fostering a stable and reliable partnership, as it minimizes the risk of disputes and misunderstandings.

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Daily Digest – December 13. Collector Facing FDCPA Class Action for Not Providing 30 Day Dispute Window in MVN; Judge Grants MTD in FCRA Case Over Not-Disputed Debt

Account Recovery

Collector Facing FDCPA Class Action for Not Providing 30 Day Dispute Window in MVN Judge Grants MTD in FCRA Case Over Not-Disputed Debt French Hill Tapped as Next Chair of House Financial Services Committee CFPB Issues Final Rule Capping Overdraft Fees WORTH NOTING: A quiz to test how much you remember about 2024 … The word list for the National Spelling Bee is drawing some criticisms … RIP to the Amazing Kreskin … Nearly half of all teenagers are online “constantly”

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BOI Deadline Looming: Nationwide Preliminary Injunction Temporarily Halts Enforcement of CTA

Jimerson Firm

On December 3, 2024, ruling by the U.S. District Court for the Eastern District of Texas granted a preliminary injunction that applies nationwide for all beneficial ownership interest (BOI) reports. 1 What initially appeared to be a straightforward implementation of the Corporate Transparency Act (CTA) has transformed into a complex legal and regulatory challenge that demands careful navigation by businesses across the United States.

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Collector Facing FDCPA Class Action for Not Providing 30 Day Dispute Window in MVN

Account Recovery

EDITORS 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? Call (855) WEB-RECON or email admin@webrecon.net today!

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Solve Your Firms Automation Complexities Once and For All

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.

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CFPB Issues Final Rule Capping Overdraft Fees

Account Recovery

The Consumer Financial Protection Bureau yesterday issued a final rule to cap overdraft fees, which was quickly followed by a lawsuit seeking to block the rule from going into effect. The regulation, effective October 1, 2025, aims to save consumers $5 billion annually and eliminate a regulatory loophole from the 1960s that allowed overdraft services to operate outside of lending laws.

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French Hill Tapped as Next Chair of House Financial Services Committee

Account Recovery

The House Financial Services Committee, one of the most influential committees in Congress, will soon have a new leader. Rep. French Hill [R-Ark.], a former banker with a strong background in financial technology and regulatory reform, has been selected by the House Republican Steering Committee to chair the committee in the upcoming Congress. Driving the news: Hill, who currently serves as Vice Chair of the Financial Services Committee and heads the Subcommittee on Digital Assets, Financial Tec