Wed.Jan 29, 2025

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Seventh Circuit Overturns Ruling for Defendant in FDCPA Case Involving Disputed Debt

Account Recovery

The Court of Appeals for the Seventh Circuit has overturned a lower court’s ruling in favor of the defendant in a Fair Debt Collection Practices Act case, ruling that the defendants lack of knowledge about a prior dispute did not absolve it of its obligations under the FDCPA. The case highlights the interplay and confusion between disputes under the FDCPA and the Fair Credit Reporting Act.

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CFPB Orders Wise to Pay $2.5 Million for Illegal Remittance Practices

Consumer Finance

The CFPB ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions.

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Finvi Announces Retirement of Rozanne Andersen, a Decades-Long Luminary Leader in the Collections Industry

Account Recovery

BURLINGTON, Mass. (January 29, 2025) Finvi, (formerly Ontario Systems), a leading provider of compliance-driven financial technology solutions, today announced the retirement of Rozanne M. Andersen, Esq., a distinguished attorney who has played a pivotal role in shaping the company’s history, particularly from the legal and compliance strategy perspective.

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CFPB Updates List of Consumer Reporting Companies

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Tenth Circuit Upholds Ruling in FDCPA Case, Finding No Dispute Was Made

Account Recovery

In a case that was defended by Martin Golden Lyons Watts Morgan, the Court of Appeals for the Tenth Circuit has affirmed a lower court’s ruling in favor of the defendant in a Fair Debt Collection Practices Act case, ruling that the plaintiff’s statements during a phone call with a debt collector did not constitute a dispute under the law.

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23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.

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Navigating Federal Leave Laws: How Employers Can Comply with FMLA, ADA, and PWFA

Jimerson Firm

Managing employee leave is one of the most complex responsibilities employers face. Balancing legal compliance, operational needs, and employee well-being requires a deep understanding of key laws like the Family and Medical Leave Act (FMLA), the Americans with Disabilities Act (ADA), and the Pregnant Workers Fairness Act (PWFA). These laws overlap in certain areas but have distinct requirements that employers must navigate carefully.

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Barr Reintroduces Bill to Push for Greater CFPB Accountability

Account Recovery

Rep. Andy Barr [R-Kent.], the chairman of the House Financial Services Subcommittee on Financial Institutions, last week reintroduced H.R. 654, the Taking Account of Bureaucrats Spending (TABS) Act, aiming to bring the Consumer Financial Protection Bureau under the Congressional appropriations process. The bill would replace the CFPBs current funding model, which relies on the Federal Reserve, with a more traditional process involving direct Congressional oversight.

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Daily Digest – January 29. Seventh Circuit Overturns Ruling for Defendant in FDCPA Case Involving Disputed Debt; Tenth Circuit Upholds Ruling in FDCPA Case, Finding No Dispute Was Made

Account Recovery

Seventh Circuit Overturns Ruling for Defendant in FDCPA Case Involving Disputed Debt Tenth Circuit Upholds Ruling in FDCPA Case, Finding No Dispute Was Made Barr Reintroduces Bill to Push for Greater CFPB Accountability 23 Companies Seeking Collection Talent WORTH NOTING: Details on the federal employee buyout offered by President Trump yesterday … Weighing in on how much time you need between flights if you are connecting … Did you know that yesterday was National Plan for Vacation

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.