Account Recovery
NOVEMBER 16, 2023
The Court of Appeals for the Second Circuit has affirmed a lower court’s ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because the response to an email from the plaintiff did not constitute an initial communication under the statute.
UK debt collections
NOVEMBER 16, 2023
New figures released show a massive increase in Personal insolvency. The latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvency numbers increased by 35.7% in October 2023 to a total of 9,881 compared to September’s total of 7,280, and decreased by 6.1% compared to October 2022’s figure of 10,528.
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Account Recovery
NOVEMBER 16, 2023
Getting to Know Connie Matrisch of Pro Com Services of Illinois New Video Series: Legends of the ARM Industry — Gary Williams Second Circuit Affirms Dismissal of FDCPA Suit Over Response to Unprompted Email CFPB Fines Online Lender $15M For Violating Consent Order, ‘Widespread’ Illegal Activity WORTH NOTING: If you are traveling with little kids, […]
Jimerson Firm
NOVEMBER 16, 2023
Clients and lawyers are often faced with the question of how to issue an out-of-state subpoena in Florida. The answer is the Uniform Interstate Depositions and Discovery Act. This article explains how to issue an out-of-state subpoena (commonly referred to as a foreign subpoena) in Florida. The Uniform Interstate Depositions and Discovery Act Section 92.251, Florida Statutes, is titled the Uniform Interstate Depositions and Discovery Act. §92.251(1).
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.
Account Recovery
NOVEMBER 16, 2023
If Connie Matrisch had listened to her boss instead of herself, who knows where she would be today. She likely wouldn’t be the owner of her own collection agency, which she has now owned for nearly two decades.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
NOVEMBER 16, 2023
The Consumer Financial Protection Bureau yesterday fined Enova, an online lender $15 million for violating an earlier consent order and engaging in “widespread” illegal conduct, but also added a new wrinkle to its penalty — requiring the company to couple executive compensation to the company’s compliance with consumer protection laws and banning it from offering […]
Troutman Sanders
NOVEMBER 16, 2023
Join Troutman Pepper Partner Chris Willis as he discusses the New York Department of Financial Services’ (NYDFS) latest updates to its cybersecurity regulations with Troutman Pepper Privacy + Cyber Partner Kim Phan. With data breaches on the rise, the NYDFS has heightened its expectations for licensed entities in New York regarding data management. The finalized draft of these changes was released on November 1, following a year of public comment.
Account Recovery
NOVEMBER 16, 2023
One of the jokes about the accounts receivable management industry is that it’s the world’s second-oldest profession. There is a kernel of truth in that statement, though, because as long as people have been buying, selling, and trading with each other, there have been people who have not paid their debts.
Troutman Sanders
NOVEMBER 16, 2023
The U.S. Court of Appeals for the Second Circuit issued a summary order affirming a district court’s holding that an emailed response to the plaintiff’s email did not constitute an “initial communication” under the Fair Debt Collections Practices Act (FDCPA). In Worley v. Simon, Meyrowitz & Meyrowitz, P.C. , the plaintiff had a default judgment entered against her in state court for failure to pay rent.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
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