The FTC wrapped up its three city Debt Dialogue tour in Atlanta, Georgia yesterday afternoon with very animated “dialogues” among regulators and representatives of the credit and collections industry. The wide-ranging discussion covered communication between collectors and consumers, industry self-regulation, collection complaints, and more.
Court documents were filed yesterday, preliminarily approving the class action settlements in Monique Sykes, et al., vs. Mel S. Harris and Associates, LLC, et al. A Fairness Hearing has been scheduled for May 11, 2016, in the U.S. District Court for the Southern District of New York. The case is a class-action lawsuit originally certified […]
November 10, 2015 – Cleveland, OH — Weltman, Weinberg & Reis Co., LPA (WWR), a creditors’ rights firm now in its 85th year of client service, welcomes Attorney Jason K. Wright back to its Brooklyn Heights, Ohio office after his return from a 12-month-long mobilization as a Major in the United States Army at Fort Hood, located […]
The Third Circuit Court of Appeals heard oral argument in the case of Bock v. Pressler & Pressler. Observers saw this as a significant case, with far-reaching impact upon attorneys who engage in debt collection litigation. From the tone of the Circuit Court’s questions, it was clear that policy consideration were at the center of the Court’s focus.
Outgoing NARCA President Joann Needleman presented the 2015 NARCA President’s Award to Steve Markoff, Yale Levy and Brent Yarborough on Friday evening October 16, 2015 at the NARCA Awards & Leadership Gala in Washington, D.C. When asked how she arrived at choosing this year’s recipients, Joann Needleman stated, “As you know, we are embarking on […]
NARCA President-Elect Harvey Moore was sworn in as the twelfth (12th) President during the NARCA Awards & Leadership Gala Friday evening October 16, 2015 in Washington, D.C. Moore gave an inspiring acceptance speech in which he shared his optimistic vision for NARCA and his views of the creditors rights industry. In his opening comments, Moore […]
NARCA held elections for Secretary, Treasurer, and Board of Directors concurrent with the NARCA 2015 Fall Collection Conference in Washington, DC. While the Secretary and Treasurer positions were uncontested, ten NARCA members ran for six Board Member Seats. Newly Elected Board of Directors David Ashe from Dominion Law Associates, PLLC serves on several NARCA committees, […]
The U.S. Court of Appeals for the Seventh Circuit recently affirmed summary judgment in favor of a debt collector, holding among other things that the “FDCPA is not an enforcement mechanism for matters governed elsewhere by state and federal law.”
In any relationship, contractual or otherwise, the responsibility to be “meaningfully involved” is not a one-sided equation. And if that premise is accepted, which I believe reasonable people would agree it should, then defining it needs to have a defensible background and basis upon which to use the term in defining acceptable behavior among both parties.
The FTC held its second of three debt collection dialogues in Dallas, Texas yesterday. Kelly Knepper Stephens, General Counsel & Chief Compliance Officer at Stoneleigh Recovery Associates, was at the session and offers her take-aways as a member of the industry. Top of the list? Don’t wait for CFPB rulemaking; review your practices now.