Account Recovery

APRIL 1, 2025

A District Court judge has granted a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that the defendant violated the statute by not including selfies of the collectors who were sending the plaintiff text message communications attempting to collect on an unpaid debt because the messages were “too impersonal” […]

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Fair Debt Collection Collections Judgment 130

In the Red

APRIL 1, 2025

As discussed in an earlier post called Jumping Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2025 , various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2025. This chart has a list of all of the dollar amount changes now in effect. The official bankruptcy forms have also been revised to reflect these new dollar amounts.

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Bankruptcy 130

Account Recovery

APRIL 1, 2025

Having already backtracked on its Payday Lending Rule and the Buy Now, Pay Later rule, nobody should be surprised that the Consumer Financial Protection Bureau yesterday announced it was pulling back the medical debt credit reporting rule, although it did introduce a pair of twists that caught everyone in the industry off-guard.

Repossession 130

Repossession 130

TCPA

APRIL 1, 2025

A TCPA defendant in Arizona federal court recently uncovered what appears to be a previously undiscovered silver-lining to a default judgment: a denial of class certification. In Heidarpour v. Secured Mktg. Concepts Corp., 2025 WL 764287, at *1 (D. Ariz. Mar.

Judgment 52

Judgment 52

Speaker: Anna Tiomina, MBA

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?

Account Recovery

APRIL 1, 2025

This is one that could become a thing.

Collections 130

Collections 130

Account Recovery

APRIL 1, 2025

Suit Alleges MVN Payment Option Violates FDCPA Judge Rules Selfies Must Accompany Collection Texts Regulators to Require Collector Empathy Training CFPB Repeals Medical Debt Credit Reporting Rule, Adds Repossession, Mandatory Reporting Requirement WORTH NOTING:April Fools’ Day pranks that have backfired in spectacular fashion … How to get free coffee from Dunkin’ today … Nobody knows […]

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Repossession Collections 147

Burt and Associates

APRIL 1, 2025

Forbearance is a financial arrangement where a lender temporarily suspends or reduces loan payments, relieving borrowers facing financial hardship. This practice is prevalent across various sectors, including mortgages, student loans, and business financing , serving as a crucial tool for both borrowers and lenders to navigate temporary economic challenges.

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Lender Debt Recovery Student loans Student Loans 52

Account Recovery

APRIL 1, 2025

In a surprising regulatory development, the California Department of Financial Protection and Innovation (DFPI) and New York’s Department of Financial Services (DFS) yesterday announced a joint rulemaking that will fundamentally change training requirements for debt collection professionals in both states and perhaps the nation.

Financial services 130

Financial services Collections 130