Compliance is a word that’s in danger of disappearing – not because no one is using it, but because it’s seen too often. But rather than viewing it as a burden, ARM firms should be aware it can drive revenue and profit.
The Idaho Department of Finance recently issued guidance to assist licensed collection agencies in complying with the Idaho Collection Agency Act. The department issued the guidance in response to an Idaho Supreme Court decision that impacts the way collection agencies are required to operate under the provisions of the act. The Supreme Court decision specifically addressed a collection agency’s ability to collect fees and other charges related to a consumer’s debt.
Do you ever use or hear a word so much, that you actually forget what it means? I don’t mean the spelling (don’t even get me started on spelling), but what the actual definition of the word is. For me that word is “brand.”
Welcome to the Culture of Unaccountability. There are approximately 318 million people in the United States and 75 to 100 million of them have completely refused to communicate with their original lender or to the entity to which they may owe money.
After granting an FDCPA and TCPA case, at the request of the plaintiff’s attorney, a court in Texas sent the case to the state’s legal governing body for a potential license review of the prolific consumer attorney.
Last month’s 11th Circuit Court of Appeals decision that allowed a Fair Debt Collection Practices Act (FDCPA) claim to be made against a bankruptcy proof of claim filed on out-of-statute debt will get a rehearing if a petition filed by LVNV Funding, LLC is granted.
NPR’s The Diane Rehm Show aired a segment yesterday called “Inside America’s Debt Collection Industry.” Among the four guests, there were no representatives from the debt collection industry. What’s also interesting is that, in fact, most of the discussion was not about third party debt collectors, but creditors, debt buyers, and credit reporting agencies.
Five U.S. senators have urged the Department of Defense and the Consumer Financial Protection Bureau to investigate allegations that “aggressive debt collection actions” are being used by USA Discounters and similar retailers against active duty service members.
Content marketing is exactly what it sounds like: the marketing of valuable content to your target audience. What is so great about content marketing?
Frederick J. Hanna & Associates, P.C., an Atlanta-based creditors’ rights and collection law firm, has expanded its legal collection footprint by opening an office in Greenville, South Carolina effective August 1, 2014 that will service the entire state.