Wed.Oct 02, 2024

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California Appeals Court Upholds Dismissal of FCRA Suit for Lack of Standing

Account Recovery

A California Appeals court has affirmed the dismissal of a Fair Credit Reporting Act lawsuit, citing the plaintiff’s lack of standing to sue in state court because she did not suffer a concrete injury when she received a copy of her credit report that was missing some disclosures. The background: The case originated when the plaintiff requested copies of her credit report from the defendant, a major credit reporting agency.

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Good Jobs Lead to Even Better Profits

Prosperity Now

The Good Jobs Community of Practice works to equip small and medium-sized businesses (SMBs) with the tools and information to improve and offer high-quality jobs. The fact of the matter is, there is an economic incentive for businesses to play a positive role in addressing some of the challenges employees and working families face.

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Daily Digest – October 2. CFPB Issues Guidance Further Cracking Down on Medical Debt Collection; Judge Dismisses FDCPA Class Action For Second Time Due to Lack of Standing

Account Recovery

CFPB Issues Guidance Further Cracking Down on Medical Debt Collection Judge Dismisses FDCPA Class Action For Second Time Due to Lack of Standing California Appeals Court Upholds Dismissal of FCRA Suit for Lack of Standing 21 Companies Seeking Collection Talent WORTH NOTING: The start of “Fat Bear” week has been postponed after one bear killed another live on a webcam … If you are into couples Halloween costumes, here are some ideas for you and your partner … Mount Everest

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Law firm ‘disappears’ owing £37.5m to Creditors

UK debt collections

The administrators of a collapsed Liverpool law firm have admitted they do not know if creditors will receive a return, amid ongoing uncertainty over exactly how the business came to grief. Joint administrators from Quantuma handling the affairs of McDermott Smith gave an update this month on progress, but said it could be another two years for the business to be liquidated.

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Solve Your Firms Automation Complexities Once and For All

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.

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21 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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Judge Dismisses FDCPA Class Action For Second Time Due to Lack of Standing

Account Recovery

For the second time, a District Court judge in Illinois has dismissed a Fair Debt Collection Practices Act class-action lawsuit because the plaintiff lacked standing to sue, this time ruling that the plaintiff could not have paid the settlement amount offered by the debt collector or successfully changed the order of other payments. The background: The plaintiff defaulted on a credit card debt that was placed with the defendant.

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CFPB Issues Guidance Further Cracking Down on Medical Debt Collection

Account Recovery

The Consumer Financial Protection Bureau issued new guidance yesterday regarding unlawful medical debt collection tactics. The advisory opinion clarifies that debt collectors, including third-party revenue cycle management companies, violate federal law when collecting inaccurate or legally invalid medical debts. Key details: Zoom in: The CFPB outlined several illegal practices, including: What they’re saying: “The CFPB is taking action to ensure that Americans are not unfairly chase