Account Recovery

JANUARY 11, 2024

Getting to Know Oussama Hamouti of January Judge Denies Competing Summary Judgment Motions in FDCPA Case Over Botox Purchase Title Lender Reaches $6M Settlement with Pennsylvania AG Tech Giants Take Stand Against Proposed CFPB Rule Solutions by Text and Prodigal Join Forces to Transform Consumer Finance with AI-Powered Intelligence WORTH NOTING: DuoLingo is replacing 10% […]

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Judgment Lender 147

UK debt collections

JANUARY 11, 2024

Freelancers and contractors are becoming increasingly concerned about late payment of invoices with more than a quarter reporting some payments are settled at least 60 days late, new research shows. The study by Workwell & IPSE found nearly half (49%) are concerned about the ongoing issue of late payments with 11% saying they are very concerned.

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Account Recovery

JANUARY 11, 2024

A District Court judge in Nevada has denied competing summary judgment motions from both parties in a Fair Debt Collection Practices Act case, ruling that it isn’t totally clear whether the debt in question — the purchase of Botox — is covered under the FDCPA. The Background: The plaintiff purchased Botox Aesthetic from a business.

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Judgment Fair Debt Collection Collections 147

Sawin & Shea

JANUARY 11, 2024

Staring down mountains of debt can feel overwhelming. Medical bills, credit cards, payday loans, and struggling businesses – it can seem like the letters and calls from creditors will never stop. Bankruptcy filings for both individuals and businesses are on the rise. Since 2005, a debtor education course from an approved provider is mandatory for anyone who files for bankruptcy.

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Education Debtor Bankruptcy Chapter 13 bankruptcy 52

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

JANUARY 11, 2024

A trade group representing tech companies has started fighting back against a proposal from the Consumer Financial Protection Bureau that would give the regulator power over the companies and anyone else involved in digital wallets and payments apps.

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Trade 130

Account Recovery

JANUARY 11, 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.

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Collections 130

Credit Corp

JANUARY 11, 2024

Life is full of uncertainties. A job loss, unexpected bills, health issues or a household emergency can all wreak havoc on your finances. If you’re experiencing a decrease in income, an increase in costs, or both, keeping up with your bills may seem nearly impossible. For example, you may find it difficult to make your monthly car payments. Can’t make your car payments?

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Repossession Lender Loans Bankruptcy 52

Account Recovery

JANUARY 11, 2024

The Attorney General of Pennsylvania has announced a settlement with a national auto title lending company that will see it pay $2 million back to consumers in the form of restitution and cancel nearly $4 million of existing loans, after it was accused of making loans to residents of the state that had interest rates […]

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Troutman Sanders

JANUARY 11, 2024

Please join Troutman Pepper Partners Chris Willis and Sheri Adler as they discuss recent developments in equity award delegations for public companies incorporated in Delaware. Sheri, a member of our Employee Benefits and Executive Compensation practice, provides our listeners with a 30,000-foot view of what equity incentive plans typically look like at a public company, such as a publicly traded bank or another financial institution.

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Trade Financial Institution Government Banks 52

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Banks

Troutman Sanders

JANUARY 11, 2024

A magistrate judge in the Northern District of Georgia recently recommended granting summary judgment in a Fair Credit Reporting Act (FCRA) case in favor of a background reporting company on the grounds that a report given only to the consumer is not a consumer report and including a valid conviction on a report does not violate the FCRA as long as its expungement is also included.

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Judgment 52