Account Recovery

DECEMBER 16, 2024

Proposed amendments to New York Citys rules governing debt collection have drawn significant scrutiny from trade groups outside the collection industry, most notably the American Financial Services Association (AFSA), which submitted a comment letter last week regarding the proposed amendments. These regulations could fundamentally alter how creditors and debt collectors operate, potentially harming consumers while imposing onerous compliance burdens on financial institutions.

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Debt collector Collections Financial Institution Creditors 130

Consumer Finance

DECEMBER 16, 2024

The CFPB issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of an original borrower.

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Account Recovery

DECEMBER 16, 2024

Native American communities are disproportionately impacted by medical debt, with systemic billing and reimbursement issues leading to wrongful collections and credit reporting that violate federal law. The big picture: The Consumer Financial Protection Bureau and Indian Health Service issued new guidance last week emphasizing the responsibilities of medical providers, billers, and debt collectors under the Indian Health Care Improvement Act (IHCIA), the Fair Debt Collection Practices Act, and t

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Debt collector Fair Debt Collection Collections Healthcare 130

Consumer Finance

DECEMBER 16, 2024

CFPB Finalizes Rule to Protect Homeowners on Solar Panel Loans and Other Home Improvement Loans Paid Back Through Property Taxes.

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Loans Financial services 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

DECEMBER 16, 2024

A District Court Judge in Pennsylvania has dismissed a Fair Credit Reporting Act and Fair Debt Collection Practices Act case filed by a consumer representing herself on the grounds that the claims were insufficiently pleaded and because it’s not considered identity theft when a furnisher sends information about a consumer to a credit reporting agency.

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Fair Debt Collection Financial Institution Creditors Loans 130

Account Recovery

DECEMBER 16, 2024

Judge Dismisses Claims of ID Theft in FCRA, FDCPA Case Debt Collectors Warned: CFPB and IHS Crack Down on Improper Medical Billing Practices AFSA Submits Comment Letter on Proposed Amendments to NYC Debt Collection Regs Compliance Digest December 16 Williams & Fudge Celebrates 20th Anniversary of Annual Bike Race for the Kids, Expanding Impact to More Communities Nationwide WORTH NOTING: A list of deadlines if you want to get your holiday gifts to arrive before Christmas … How to quie

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Debt collector Collections 130

UK debt collections

DECEMBER 16, 2024

An internationally recognised boatbuilding training collegeis set to close its doors in Suffolkfor the final timeas it heads into liquidation. The award-winning International Boatbuilding Training College (IBTC) has been based onthe edge of The Broads since 1975. Ideally situated on Sea Lake Road, Oulton Broad inLowestoft,IBTC has ensured that traditional boatbuilding skills have been preserved for almost 50 years.

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Education Trade Creditors 65

Account Recovery

DECEMBER 16, 2024

Rock Hill, SC December 12, 2024 Williams & Fudge, Inc. is excited to celebrate the 20th anniversary of its annual Bike Race for the Kids, an event that has helped provide thousands of bikes to children in need over the past two decades. Through the dedication of employees, community partners, and generous supporters, the company has donated a total of 4,798 bikes to youth in the greater York County area.

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Account Recovery

DECEMBER 16, 2024

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.

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Judgment Financial services Collections Agency Collection Agencies 130

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.

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