Account Recovery
MAY 23, 2023
In the classic scene from “The American President,” Michael Douglas notes that the way you win elections is by making you afraid of something and telling you who is to blame for it. That’s not just how you win elections; it’s how you get people to read the articles on your news site.
Prosperity Now
MAY 23, 2023
Remember back in 2021 when we celebrated Connecticut and Washington, DC becoming the first two locations to pass Baby Bonds
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Account Recovery
MAY 23, 2023
COLLECTOR FACING CLASS ACTION FOR NOT ITEMIZING DEBT IN MVN CORRECTLY We have seen plenty of lawsuits filed due to the lack of a date on the Model Validation Notice, but this might be one of the first claiming the defendant failed to document the information in the itemization table correctly.
Troutman Sanders
MAY 23, 2023
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On May 19, the Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) published a joint research report of Phase II of Project Cedar and the MAS’ Ubin+ Project, both of which seek to un
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Account Recovery
MAY 23, 2023
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 23, 2023
A District Court judge in Oklahoma has denied a defendant’s motion for summary judgment and a plaintiff’s motion for partial summary judgment in a Fair Debt Collection Practices Act case, ruling that, among other reasons, the migraines suffered by the plaintiff are sufficient for her to have standing to sue, and that there is a …
AGA
MAY 23, 2023
How to Rehabilitate a Debtor and Save a Profitable Customer By David Schmidt courtesy of Your Virtual Credit Manager Business customers pay for the goods and services they purchase from other companies. After all, a sale isn’t truly complete until it has been paid. Good customer purchases generate a profit for the seller, and I’m not just talking about gross margin.
Account Recovery
MAY 23, 2023
A collection agency that collects healthcare debt has reported a data breach impacting the personal information of more than 345,000 consumers after uncovering that certain files were copied from its network. A copy of the letter sent out by R&B Corporation of Virginia, doing business as Credit Control Corporation, can be accessed by clicking here.
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