Account Recovery

DECEMBER 2, 2024

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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Judgment 130

Consumer Finance

DECEMBER 2, 2024

The CFPB today proposed a rule to rein in data brokers that sell Americans' sensitive personal and financial information.

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Account Recovery

DECEMBER 2, 2024

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

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Judgment Garnishment Fair Debt Collection Legal Collections 130

FFGN COLLECT NY

DECEMBER 2, 2024

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.

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Judgment Bankruptcy Debtor Creditors 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 2, 2024

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

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Financial services Credit Unions Credit Unions Creditworthiness 130

Account Recovery

DECEMBER 2, 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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Debt collector Fair Debt Collection Creditors Collections 130

Consumer Finance

DECEMBER 2, 2024

Director Chopra delivered remarks on protecting Americans from harmful data broker practices.

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Account Recovery

DECEMBER 2, 2024

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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