Wed.Oct 30, 2024

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Appeals Court Affirms Ruling that FAA Doesn’t Apply to Mass Arbitration

Account Recovery

I don’t know of anyone who would proclaim a love of Ticketmaster, so a ruling against them is likely to be viewed positively by everyone, but the identity of the defendant aside, there are ramifications in this ruling related to how arbitration clauses are worded and enforced — at least within the Ninth Circuit. The Court of Appeals for the Ninth Circuit has affirmed a lower court’s ruling that denied the defendant’s motion to compel arbitration in a putative antitrust cl

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CFPB and CMS Take Action to Stop Illegal Billing of Lowest-Income Medicare Recipients

Consumer Finance

The Consumer Financial Protection Bureau and the Centers for Medicare and Medicaid Services issued a joint letter to protect millions of Medicare beneficiaries living at or below the poverty line from unlawful medical bills.

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Daily Digest – October 30. Judge Rules Defendant Meets FDCPA’s Definition of Debt Collector; Bill Introduced in House to Reform CID Process

Account Recovery

Judge Rules Defendant Meets FDCPA’s Definition of Debt Collector Bill Introduced in House to Reform CID Process Appeals Court Affirms Ruling that FAA Doesn’t Apply to Mass Arbitration 22 Companies Seeking Collection Talent WORTH NOTING: Gift ideas for the frequent traveler in your life … There is being a fan, and then there is going this far to help your favorite team … The list of the most popular Halloween candy has a new Number One … Why you should be seeking out wealthy fri

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CFPB Orders VyStar Credit Union to Pay $1.5 Million for Illegally Stranding Consumers from Accessing Their Money and Accounts

Consumer Finance

The CFPB took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system.

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Solve Your Firm's 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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22 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 Rules Defendant Meets FDCPA’s Definition of Debt Collector

Account Recovery

A District Court judge in California has denied a defendant’s argument that it does not meet the definition of a debt collector under the Fair Debt Collection Practices Act and ruled that the plaintiff’s claims can proceed. The defendant, who argued that it was exempt from the FDCPA, failed to convince the court, which found sufficient allegations that the defendant was operating as a debt collector when it attempted to collect a debt from the plaintiff.

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Back Office Operations Explained: The Hidden Power Behind Business Success

PDC Flow

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Bill Introduced in House to Reform CID Process

Account Recovery

A bipartisan bill has been introduced in the House of Representatives to reform the Civil Investigative Demand process used by the Consumer Financial Protection Bureau. Rep. Andy Barr [R-Kent.] and Rep. Vicente Gonzalez [D-Texas] introduced the Civil Investigative Demand Reform Act of 2024. The proposed legislation aims to ensure due process for financial services providers subject to the CFPB’s Civil Investigative Demands (CIDs), which are often criticized for being overly broad and burde