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Sometimes it’s better to be lucky than good. Today’s webinar just happens to be on the topic of legal collections (register here) so it’s entirely timely to write about a court ruling involving a judgment. A District Court judge in Kentucky has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case after it was sued for not informing the plaintiff that a debt was allegedly time-barred when it sent a letter informing the plaintiff of payment opti
A pair of bills have been introduced in the House of Representatives by Rep. Maxine Waters [D-Calif.] that aim to provide regulators with more transparency about how companies in the financial services industry are using artificial intelligence. The bills were introduced days before the House Financial Services Committee holds a hearing on “How Technology is Shaping the Future of Finance.” Driving the news: One of the bills, H.R. 10263, titled the “Responsible AI Disclosure Act
If you run any sort of business, it is almost inevitable that someday, you will have to attempt to collect on an unpaid debt. Unpaid debts present numerous challenges for creditors. One such challenge is when a debtor claims not to have the funds to pay their unpaid debts. At the Law Offices of Alan M. Cohen & Associates LLC, our commercial collections attorneys have more than 50 years of combined experience helping our commercial clients in Massachusetts collect on their unpaid debts.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Judge Dismisses FDCPA Case Over SOL on Judgment More Public Calls for Elimination of CFPB AI Transparency Bills Introduced in House by Rep. Waters as House Fin’l Services Committee Preps Tech Hearing Compliance Digest – December 2 WORTH NOTING: A new app, appropriately named Death Clock, claims it can predict your life expectancy … A debate is raging over the correct way to eat a hamburger … A list of ways that scammers will use your phone number to try and trick you … A rankin
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Judge Dismisses FDCPA Case Over SOL on Judgment More Public Calls for Elimination of CFPB AI Transparency Bills Introduced in House by Rep. Waters as House Fin’l Services Committee Preps Tech Hearing Compliance Digest – December 2 WORTH NOTING: A new app, appropriately named Death Clock, claims it can predict your life expectancy … A debate is raging over the correct way to eat a hamburger … A list of ways that scammers will use your phone number to try and trick you … A rankin
What happens if a client who kept insurance funds proceeds later files for bankruptcy? Will a bankruptcy court allow the debtor to keep monies intended for you? According to a recent New York court case, the answer is no. The bankruptcy court refused to grant a discharge to a debtor who failed to turn over insurance checks to the provider. Medical and restoration services are often provided without payment upfront.
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.
An economist with the Heritage Foundation, an organization the promotes conservative public policies and is the architect behind Project 2025 has echoed comments from Elon Musk calling for the abolishment of the Consumer Financial Protection Bureau. EJ Antoni, a research fellow at the organization who focuses on fiscal and monetary policy was interviewed on Fox Business News on Friday on a number of economic topics.
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