Attorneys who practice debt collection and other areas of creditors rights are faced with unique ethics and professional responsibility issues. Couple that with heightened scrutiny from regulators, creditors, and the CFPB, and these responsibilities stand out in sharp relief. The industry has a renewed focus on compliance.
Weltman, Weinberg & Reis Co., LPA (WWR) is pleased to announce that Alan H. Weinberg, Managing Partner of its Real Estate Default Group, will receive an award as a Community Champion from Care Alliance at its annual fundraiser on Nov 9, 2013.
The National Association of Retail Collection Attorneys (NARCA) has awarded college scholarships to three students who best described how they would pay for college on their own, how they would do it and how the cost would affect their plans.
The National Association of Retail Collection Attorneys (NARCA) presented its 2013 NARCA President’s Award to Sheri Berman, who accepted on behalf of her late husband Eric M. Berman who lost his battle with cancer in November 2010.
Joann Needleman, Vice President and Managing Attorney of the Philadelphia office of Maurice & Needleman, P.C., was sworn-in as President of the National Association of Retail Collection Attorneys (NARCA) on October 18, 2013, at the Association’s 2013 Fall Collection Conference in Washington, DC.
The Commercial Law League of America has named its annual honorees for its two most prestigious awards: the Lawrence P. King Award and Robert E. Caine Leadership Award.
The New York State Department of Financial Services Friday sent a letter to that state’s Chief Administrative Judge of the Courts urging the adoption of tough new standards for lawsuits seeking to recover debt. The letter also detailed proposals aimed at “pre-litigation” practices used by some debt collectors.
Friday’s farewell from NARCA president Lou Freedman and welcome from new executive director Mark Dobosz at NARCA’s fall conference in Washington D.C. were highly positive, and offered some transparency about the association.
How’s your fall going? If your agency is keeping pace with what the industry has been going through, it’s shaping up to be a busy season. There were some huge stories that will probably have long-lasting impact on the industry. For starters, the FTC announced it’s first-ever action against a debt collector for text-message use. And [...]
If there was one key takeaway in the capstone panel at the legal symposium presented earlier this week by the National Association of Retail Collection Attorneys (NARCA) it was that provisions in the FDCPA add an unnecessary layer of regulation to a sector of the ARM industry already governed by strict professional standards: lawyers.