Sat.Apr 12, 2025 - Fri.Apr 18, 2025

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Appeals Court Overturns Dismissal of FDCPA Case, Rules Plaintiff Had Standing

Account Recovery

The Court of Appeals for the Eighth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act lawsuit, ruling that the postage and envelope paid for by the plaintiff when sending a letter to the defendant is sufficient for the plaintiff to have standing to sue. The Appeals Court has remanded the case back to the District Court for further proceedings.

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How Companies Reduce Late Payments and Improve Cash Flows Through Proactive Measures

The Kaplan Group

Late payments are a growing challenge for businesses, with increasing economic uncertainty amplifying the risks associated with cash flow disruptions. For the first time, an exclusive survey from The Kaplan Group reveals the preventive strategies that distinguish companies excelling in collections from those facing persistent payment delays. The survey was conducted among 100 financial decision makers, including CFOs, VPs of finance, controllers, and directors of finance, representing businesses

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Credit Cards Debt Relief: Practical Steps to a Brighter Future

Debt Guru

Credit card debt can be a huge burden on families and individuals. Many people rely on credit cards for everyday purchases, and sometimes it’s easy to spend more than planned. The end result can be a frightening mountain of debt that seems impossible to overcome. Fortunately, there are ways to achieve credit cards debt relief, and were here to help guide you through it.

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CFPB to Revoke Medical Debt Collection Guidance

Account Recovery

The Consumer Financial Protection Bureau announced in a court filing on Friday that it plans to revoke guidance it issued last year over how medical debts are collected, likely bringing an end to two lawsuits that were filed by the industry against the regulator. This guidance, originally issued last October, is separate from the CFPB’s rule on medical debt credit reporting, which is still being challenged in the courts.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

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?

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Daily Digest – April 14. CFPB to Revoke Medical Debt Collection Guidance; Appeals Court Overturns Dismissal of FDCPA Case, Rules Plaintiff Had Standing

Account Recovery

CFPB to Revoke Medical Debt Collection Guidance Appeals Court Overturns Dismissal of FDCPA Case, Rules Plaintiff Had Standing Appeals Court Will Allow CFPB to Fire Employees, But Keeps Most of Lower Court Order in Place Compliance Digest April 14 WORTH NOTING:The data is in: being frugal is cool these days … How to retrain your brain to prefer movement to screentime … Your credit score might not be doing you any favors … How workplace drama can actually bring teams closer toge

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Appeals Court Will Allow CFPB to Fire Employees, But Keeps Most of Lower Court Order in Place

Account Recovery

The legal saga surrounding the Trump administrations efforts to dismantle the Consumer Financial Protection Bureau took another turn on Friday. A federal appeals panel temporarily stayed parts of a lower court order that had blocked the administrations plan to lay off employees and restructure the agency. The three-judge panel from the Court of Appeals for the District of Columbia Circuit will allow the administration to proceed with layoffs of certain CFPB employees but upheld key provisions th