Thu.Oct 31, 2024

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N.M. Supreme Court Rules CU Employees Engaged in Unauthorized Practice of Law When Filing Collection Suits Against Members

Account Recovery

The Supreme Court of New Mexico has ruled that employees of a credit union engaged in the unauthorized practice of law by filing collection lawsuits to recover unpaid debts. The background: The plaintiffs alleged that the defendant engaged in the unauthorized practice of law by having non-attorney employees file collection lawsuits against them in New Mexico state court.

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CFPB Takes Action to Address Townstone Financial’s Unlawful Redlining

Consumer Finance

The CFPB filed a proposed order to resolve its case against Townstone Financial for discriminatory lending practices and redlining African American neighborhoods in Chicago.

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Appeals Court Affirms Ruling for Creditor in FMLA, ADA Case

Account Recovery

One of the nation’s largest credit card lenders has had a summary judgment ruling in its favor affirmed by the Court of Appeals for the Ninth Circuit, after it was sued for allegedly violating the Americans with Disabilities Act and the Family Medical Leave Act by an employee who had been terminated. The background: The plaintiff, who had been diagnosed with anxiety and depression, claimed she faced adverse employment actions after taking leave under the FMLA and raising complaints about t

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

The Financialization of Debt: A Growing Concern in Medical and Rental Markets In a world increasingly shaped by the integration of finance into everyday life, the Consumer Financial Protection Bureau (CFPB) recently released a report that sheds light on two critical sectors affected by this trend: medical and rental debt. These areas, essential to basic human well-being, are becoming fertile ground for financial products and services that may not always prioritize consumer welfare.

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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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Judge Awards Defendant $76k in Fees, Expenses After Sanctions Ruling in FDCPA Case

Account Recovery

If you have been following this case on AccountsRecovery.net for the past year or so, you’ve been sitting on the edge of your seat wondering just how much the judge was going to aware in attorney’s fees after sanctioning the plaintiff because any “reasonable party in Plaintiff’s circumstances would have known the allegations were demonstrably false and the claims based upon them frivolous.” Well, we have that number now.

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Getting to Know Ron Elgin at Number Sentry

Account Recovery

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. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

The Financialization of Debt: A Growing Concern in Medical and Rental Markets In a world increasingly shaped by the integration of finance into everyday life, the Consumer Financial Protection Bureau (CFPB) recently released a report that sheds light on two critical sectors affected by this trend: medical and rental debt. These areas, essential to basic human well-being, are becoming fertile ground for financial products and services that may not always prioritize consumer welfare.

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Daily Digest – October 31. Getting to Know Ron Elgin at Number Sentry; Judge Awards Defendant $76k in Fees, Expenses After Sanctions Ruling in FDCPA Case

Account Recovery

Getting to Know Ron Elgin at Number Sentry Judge Awards Defendant $76k in Fees, Expenses After Sanctions Ruling in FDCPA Case N.M. Supreme Court Rules CU Employees Engaged in Unauthorized Practice of Law When Filing Collection Suits Against Members Appeals Court Affirms Ruling for Creditor in FMLA, ADA Case WORTH NOTING: What you need to know about walking pneumonia, which is spiking in kids … Elections are just one of the major sources of stress for Americans today … If you’re

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