California files debt collection license application with NMLS
On August 25, 2021, the California Department of Financial Protection and Innovation (DFPI) announced that…
Browsing: Debt collection
The debt collection of loan sharks degenerates into a fight
PHUKET: Thalang Police are investigating how a visit by debt collectors for a loan shark…
Rethinking Debt Collection with AI and ML
by Analytics Insight August 26, 2021 Lenders, collection agencies, law firms and other financial services…
PSC offers debt collection with interest for unpaid business invoices, claims
By Keila Szpaller (Daily Montanan)August 25, 2021 August 25, 2021 Through Missoula Current (Daily Montanan)…
TSB investigated debt collection from 2013 to 2020
TSB is under investigation by city watchdog over how it treated a group of clients…
Alert: Recent CFPB actions focus on debt collection | Cooley LLP
On August 16, 2021, the Consumer Financial Protection Bureau (CFPB) filed a settlement proposal to…
Recent CFPB actions focus on debt collection – Finance and Banking
United States: Recent CFPB actions focus on debt collection August 20, 2021 Cooley LLP To…
CFPB decides not to delay debt collection rules | Goodwin
On July 30, 2021, the Consumer Financial Protection Bureau (CFPB) announced that two final rules…
Georgia AG Reaches Settlement with Debt Collector for Suspected Illegal Debt Collection Practices | Goodwin
On August 12, 2021, the Georgia Attorney General’s (AG) office announced that it had reached…
Forster Garbus fights case over debt collection letter
By Jeannie O’Sullivan (Aug 16, 2021, 3:34 p.m. EDT) – New Jersey debt collection firm…
How to apply for a debt collection license
California Governor Gavin Newsom enacted Senate Bill 908, including the California Debt Collection Licensing Act,…
New Mexico sets rules to kick off pandemic debt collection
SANTA FE, NM (AP) — New Mexico’s justice system takes steps to ease financial turmoil…
Debt Collection Software Market Witnessing the Emergence of Advantage Software Factory and Chetu Inc. as Dominant Players
The debt collection software market is driven by vendor pricing strategies, growing demand for cloud-based…
Online loan officer settles with AG Healey over debt collection abuse
BOSTON (WWLP) — Massachusetts Attorney General Maura Healey has settled a lawsuit with online lending…
AG secures $ 1.6 million settlement with debt collection firm for practices
The state’s debt collection regulations are among the strictest in the country, and the settlement…
Roles reversed: JD Stuart Law Group sued for alleged debt collection practices
In a role reversal, a debt collector became the defendant after a plaintiff alleged that…
Courts set rules for debt collection in the event of a pandemic
SANTA FE – New Mexico court system takes action to ease financial turmoil as state…
Pennsylvania AG Shapiro Shuts Northwest Bank for Aggressive Debt Collection Practices
HARRISBURG, PA (STL.News) Pennsylvania Attorney General Josh Shapiro today announced that the Pennsylvania Attorney General’s…
The CFPB withdraws its proposal to extend the date of entry into force of the regulation on debt collection – Finance and Banking
United States: The CFPB withdraws its proposal to extend the date of entry into force…
DC City Council Amends Emergency Debt Collection Bill
On August 3, 2021, the DC City Council unanimously approved an amended version of the…
New Debt Collection Rule Comes into Force on November 30, 2021 | Man’s pepper with trout
On October 30, 2020, the Consumer Financial Protection Bureau (CFPB or the Bureau) released its…
Friday afternoon surprise: the CFPB announces that the final debt collection rule will come into force on November 30 | Ballard Spahr srl
To the surprise of the collection industry, the CFPB announced last Friday afternoon that its…
Vanderbilt University Medical Center wants CHS to change debt collection policies
A hospital in Clarksville, Tennessee, sued 750 patients this year, despite being co-owned by Vanderbilt…
New interpretation of Fair Debt Collection Practices Act shakes up industry – Finance and Banking
United States: New Interpretation of Fair Debt Collection Practices Act Shakes Industry 02 Aug 2021…
DC Council Passes Comprehensive Debt Collection Bill; Send to the mayor for signature
On July 13, 2021, in an alleged effort to protect consumers when Washington DC’s emergency…
Know your debt collection rights
When the pandemic halted travel in March 2020, Lew Moore waived the lease on his…
Trends to Watch in Debt Collection and Enforcement CFPB
Federal and state regulators have long focused on debt collection practices, but recent news and…
[Funding alert] Debt collection software maker Prodigal raises $12 million led by Menlo Ventures
California-based Prodigal, which offers loan management and collection software, announced Thursday a $12 million A-Series…
“The legislation will give DC consumers the protections they need after COVID-19 debt collection relief expires.”
photo by angela n. From the Office of Attorney General Karl Racine: “Attorney General Karl…
DC Council Revises Debt Collection Laws | WDVM25 and DCW50
WASHINGTON DC (WDVM) – The District of Columbia Council has passed legislation that will protect…
DC takes action to tackle ‘aggressive debt collection’ after COVID protections expire
DC Chairman Phil Mendelson and Attorney General Karl Racine are proposing legislation to protect consumers…
What does conduct have to do with debt collection?
For some people, a ticket is just a nuisance: pay the ticket and move on.…
SEC Revokes Credit Company’s License Regarding Debt Collection Practices
THE SECURITIES and Exchange Commission (SEC) revoked the Certificate of Authority held by Familyhan Credit…
UK banks bolster debt collection teams ahead of first Covid loan repayments
Tuesday 06 July 2021 10:43 Britain’s four biggest banks have hired more than 750 debt…
SEC revokes credit company’s license on debt collection practices
THE SECURITIES and Exchange Commission (SEC) has canceled the certificate of authority held by Familyhan…
SEC revokes KingABC license for unfair debt collection practices │ GMA News Online
The Securities and Exchange Commission (SEC) revoked the license of KingABC Lending Corp. after the…
Courts have offered debt collection and foreclosure assistance programs
District Court Judge Sarah Weaver and staff at Farmington Judicial District 11th Court have been…
Pandemic aid triggers record child support collections
Lea este artículo in Spanish. If Billy McCasland had gotten his $ 1,200 stimulus check,…
London debt collection start-up Ophelos raises $ 2.3 million in pre-seed investment – Tech.eu
London-based debt collection start-up Ophelos has raised $ 2.3 million in pre-seed investment co-led by…
Elder Law Boutique slammed with lawsuit alleging evasion of fair debt collection practices
Long Island seniors law shop the target of a lawsuit alleging one of its partners…
AI enters debt collection: London startup Ophelos secures £1.6m funding – UKTN
Personal debt has increased exponentially all over the world. In particular, in the UK almost…
Debt Collection Series-3: Costs of Debt Collection Procedures in Turkey
Due to the increase in world trade, international debt collection has become an increasingly important…
Back to Basics, Continued — Learn More About Debt Collection | Dentons
Consumer finance companies and credit vendors spend a lot of time and energy avoiding becoming…
Consumer Financial Protection Bureau: Debt Collection Practices in the Global COVID-19 Pandemic (Regulation F)
B-333208 May 4, 2021 The Honorable Sherrod BrownPresidentThe Honorable Patrick J. ToomeyRanking MemberBanking, Housing and…
Court Finds Plaintiff’s Subjective Interpretation of Debt Collection Letter Is Insufficient to Grant FDCPA Standing Order | Man’s pepper with trout
The South Florida District has added to the growing collection of cases under the Fair…
Credit Eco to Go Podcast: Demystifying the Debt Collection Rule | Clark Hill PLC
In this episode of Credit Eco to Go with Joann Needleman, former CFPB Deputy Director…
Money Matters: The Inhumanity of Medical Debt Collection | Opinion
On October 26, 2020, Maria gave birth to a healthy 5-pound, 6-ounce baby girl. She…
CFPB files legal action against the former head of a debt collection company and his family for allegedly seeking to fraudulently transfer assets in order to infringe an earlier consent decree – Finance and Banking
United States: CFPB is pursuing legal action against the former head of a debt collection…
CT fines missing debt collection company $ 500,000
The Connecticut Department of Banking fined a consumer debt collection agency based in Jacksonville, Fla.,…
California Debt Collection Licensing Proposal Raises Scope Concerns | Hinshaw & Culbertson – Consumer Hub
Last month, the Department of Financial Protection and Innovation (DFPI) released draft regulations under the…
US House Passes Comprehensive Debt Collection Improvement Law | Burr & Forman
On May 13, 2021, the United States House of Representatives adopted HR 2547 (the “Comprehensive…
A Look at California’s DFPI Debt Collections Oversight Measures So Far | Davis Wright Tremaine LLP
[co-author: Michael Buckalew] Since the formal establishment of the California Department of Financial Protection and…
An Overview of California DFPI’s Debt Collection Oversight So Far
Since the official creation of the California Department of Financial Protection and Innovation (DFPI) earlier…
CFPB files a complaint against the former head of a debt collection company and his family for allegedly seeking to fraudulently transfer assets in order to undermine an earlier consent decree | Ballard Spahr srl
Recently, the CFPB and the New York Attorney General filed a complaint against Douglas MacKinnon…
California DFPI Releases Draft Regulations To Implement New Debt Collection Licensing Act | Ballard Spahr srl
On April 23, 2021, the California Department of Financial Protection and Innovation (“DFPI”) issued proposed…
CA DFPI Announces Members of New Debt Collections Advisory Committee
SACRAMENTO, Calif. – The California Department of Financial Protection and Innovation (DFPI) today announced the…
The decision of the Court of Appeal potentially calls into question the practices of debt collection | McGlinchey Stafford
The Eleventh Circuit issued a notice on April 21, 2021, relating to the Fair Debt…
CFPB Interim Final Rule: Pandemic Debt Collection Practices Effective May 3 | McGlinchey Stafford
On April 19, 2021, the CFPB announced that it had issued an Interim Final Rule…
DOJ warns against illegal debt collection practices: where to file a complaint?
MANILA, Philippines – The Department of Justice has issued a public notice for those who…
CUNA Concerned About Debt Collection Bill Changes | 2021-04-20
CUNA wrote to the House financial services committee on Tuesday expressing concern about the provisions…
CFPB settles with Yorba Capital on notices of debt collection litigation | Man’s pepper with trout
On April 6, the Consumer Financial Protection Bureau (CFPB) issued a consent order against California…
Judge Orders Munster Debt Collection Company to Pay $ 1.4 Million in Fine and Restitution | Northwest Indiana Business Titles
Name: Martin WeingartenCity / Town: CarmelAge: 100Death: April 16Martin Weingarten was born in the middle…
The CFPB proposes a new date of entry into force for the regulation on debt collection – Finance and Banking
United States: The CFPB proposes a new date of entry into force of the regulation…
Small Business Debt Collection Strategies
A strong collection strategy helps you stabilize your cash flow and receive money from your…
Kenmore Debt Collection Firms Under Investigation for Fraud | Local news
“This is a civil forfeiture case at this point. No criminal charges have been laid,…
The Use of Credit Reports as a Debt Collection Strategy Has Changed | Jabourg Wilk
Credit scores are important and frequently determine interest rates and can even affect insurance rates.…
What is the forecast for CFPB and FTC debt collection activities for 2021? | Alston & Bird
Debt collectors can expect the Consumer Financial Protection Bureau and the Federal Trade Commission to…
CFPB report examines the Fair Debt Collection Practices Act
The Consumer Financial Protection Bureau’s (CFPB) annual report to Congress regarding the implementation of the…
Debt Collection Laws for Businesses Owing Money
Federal law, state laws, and the ethics of the collection industry guide the debt collection…
How to write a debt collection letter
A collection letter reminds a debtor that they owe you money.You can use a debt…
Pandemic Debt Collection> National Conference of State Legislatures
By Kate Bryan and Heather Morton In the podcast “The Impact of the Pandemic on…
IRS private tax debt collection program fires
The IRS is asking strangers to do some of its dirty work. Namely, he assigned…
Sort through the Validation Notice Requirements under the Debt Collection Rule | Smith Debnam Narron Drake Saintsing & Myers, LLP
While it remains to be seen what changes, if any, a change in leadership within…
CFPB Investigates Venmo’s Money Transfer and Debt Collection Policies | Man’s pepper with trout
In a recently filed case Form 10-K, PayPal Holdings, Inc. (PayPal) announced that it received…
COVID Relief Updates: Mortgages, Debt Collection & Student Loans | McGlinchey Stafford
Since the start of the year and the change of presidential administration, a number of…
CFPB publishes small entity compliance guide on debt collection rule | Man’s pepper with trout
On January 21, the CFPB issued a Small Entity Compliance Guide summarizing the October 2020…
Consumer Affairs Office examines how Venmo handles debt collection
The Consumer Financial Protection Bureau (CFPB) is investigating how Venmo handles debt collection. PayPal, owner…
Venmo’s debt collection practices surveyed by the CFPB
The Consumer Financial Protection Bureau is investigating how Venmo, the digital money transfer service operated…
Venmo’s debt collection practices surveyed by the CFPB
The Consumer Financial Protection Bureau is examining how Venmo, the digital money transfer service operated…
The CFPB plans to stop the implementation of quality management and debt collection rules
The Consumer Financial Protection Bureau is seeking to delay implementation dates for rules on qualified…
CFPB issues final rule on debt collection disclosures | Weiner Brodsky Kider PC
The CFPB recently published a final rule amending Regulation F, in order to provide additional…
Significant Changes in Debt Collection Practices: What You Need to Know Bricker & Eckler srl
The Consumer Financial Protection Bureau (CFPB) has released major updates to the rules that affect…
Amherst debt collection agencies slapped with lawsuit by state AG | Crime News
State Attorney General Letitia James. John Hickey Several Amherst-based debt collection companies, two owners and…
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Four Keys to a Successful Debt Collection Strategy
If you own a debt collection agency, your collection strategy plays an important role in…