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A District Court judge in Virginia has issued a consent decree in which a law firm representing a plaintiff in a Fair Debt Collection Practices Act case will pay both the plaintiff and the defendant a total of $50,000 and take corrective action after it was accused of filing one lawsuit and settling another in the plaintiff’s name without her knowledge.
At Brown & Joseph, we value strong partnerships, and our collaboration with Ben Schiffman and Crum & Forster is a perfect example of strategic success… The post How Ben Schiffman is Driving Legal Innovation at Crum & Forster appeared first on Brown & Joseph, LLC.
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de
In this special joint edition of the Crypto Exchange and the Consumer Finance Podcast , host Ethan Ostroff is joined by colleagues James Kim and Chris Willis to discuss the anticipated regulatory approaches to digital assets by the Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), and state agencies following the recent change in administration in Washington.
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?
Getting to Know Mike Gray of TCN Plaintiffs Law Firm to Pay Plaintiff, Defendant $50k As Part of Consent Decree Resolution Introduced to Overturn Medical Debt Credit Reporting Rule Via CRA Trump Eyes Shuttering the Education Department What It Means for Student Loans WORTH NOTING:It took 24 years for Harvey Silikovitz to make it onto the “Jeopardy!
In a significant development in the credit card late fee rule litigation, the Consumer Financial Protection Bureau (CFPB) has filed a status report indicating that it is actively working towards a resolution. This update follows last month’s court’s order, which required the CFPB to explain its plans for proceeding with the case. On February 10, the U.S.
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In a significant development in the credit card late fee rule litigation, the Consumer Financial Protection Bureau (CFPB) has filed a status report indicating that it is actively working towards a resolution. This update follows last month’s court’s order, which required the CFPB to explain its plans for proceeding with the case. On February 10, the U.S.
President Trumps administration has taken significant steps to dismantle the Department of Education, raising big questions about the future of federal student loans for more than 40 million Americans, especially following comments from the president that other government agencies should be responsible for managing student loans. Education Secretary Linda McMahon confirmed this week that nearly half of the departments employees are being cut, with a total shutdown potentially on the horizon.
On March 10, Christopher Mufarrige, the newly-appointed Director of the Bureau of Consumer Protection at the Federal Trade Commission (FTC), published a blog explaining the significance of Civil Investigative Demands (CIDs) for businesses and the ramifications for failing to respond. The Director warns that “[i]f your business receives such a demand for information, we expect you to respond in a reasonable and timely manner or face legal consequences.” The blog also provides the foll
Republican lawmakers are using the Congressional Review Act (CRA) to try to overturn a Biden-era Consumer Financial Protection Bureau rule that prohibits medical debt from being included on consumer credit reports. The resolution, introduced by Sen. Mike Rounds [R-S.D.] and Rep. Ralph Norman [R-S.C.], would nullify the rule before it takes effect. Why it matters: The CFPBs rule, finalized in January 2025, aims to remove medical debt from credit reports, potentially improving the credit scores of
On March 11, the U.S. Court of Appeals for the Fourth Circuit affirmed the district court’s denial of a motion to compel arbitration in two class-action lawsuits. The decision potentially has far-reaching implications for the enforceability of arbitration clauses in consumer contracts, particularly those involving unilateral modification provisions.
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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