A state appeals court in New York last week decided to publicly censure a debt collection attorney and his law firm over the practices is used in the legal collection channel. The long-running disciplinary action was over conduct in six debt collection cases over a three year period.
One of the highlights of the DBA International conference was a conversation with the CFPB. Incoming DBA President Bryan Faliero moderated an informal panel discussion with three key division leaders: Tom Pahl, managing counsel for Regulations; Scott Pluta, assistant director for the Office of Consumer Response; and Larry DeMille-Wagman, acting director of Collection Supervision.
Ontario Systems, a leading receivables management technology and services provider, has announced its partnership with Kaulkin Ginsberg on the webinar series From Our Desk to Yours – Leadership Series for ARM Executives.
Most consumer advocates and collectors agree that the validation language required by the Fair Debt Collection Practices Act (FDCPA) is stilted and obscure. Two recent cases in different Federal Courts of Appeal examined questions about the wording of specific validation notices and have caused concern for collectors about the language used.
An article appearing earlier this week in American Banker focused on the use of resolution conferences in certain court jurisdictions to handle debt collection cases was largely incorrect and based on a fundamental fallacy, according to ARM attorneys with experience in the counties profiled.
Massachusetts Attorney General Martha Coakley Monday asked state regulators to prevent casinos from placing liens on the homes of people with unpaid gambling debts. The request was made after a weekend article exposing the practice.
As the credit and collection industry’s leading advocate, ACA International held an online seminar to inform staff in state AG offices about the TCPA petition ACA recently filed with the FCC in search of clarity on behalf of association members.
A federal judge last week denied granting an amended motion for preliminary approval of a class action settlement in a TCPA case, without prejudice, on numerous grounds. Most specifically, the judge was concerned that the class included members that had accounts and did not have accounts with the defendant and how that played into consent under the TCPA.
To help you and your leadership team make informed strategic decisions, Kaulkin Ginsberg’s CEO, Mike Ginsberg and Ontario System’s own CFPB and ARM Compliance expert, Rozanne Andersen, are pleased to present the first of their four part thought leadership series in 2014 for ARM executives on February 20, 2014.
Richard Cordray, Director of the CFPB, came up a little short in his return to TV quiz show Jeopardy!, which aired last night. Cordray was previously an undefeated five-time champion on the show in 1987. The day before, a House Committee chairman sent a letter to his caucus preparing them for floor action on a bill that would restructure the CFPB.