A three-judge panel in the Eleventh Circuit Court of Appeals affirmed a lower court ruling granting summary judgment to a collection agency that used a bona fide error defense in case brought against it under the Fair Debt Collection Practices Act (FDCPA). The Circuit Court also upheld an award of certain costs to the defendant.
Arguably the most critical components of any transaction, whether you’re contemplating making an acquisition or selling your company, are establishing purchase price and deal terms.
I am so “over” Las Vegas. I am not a gambler. Plus, since I have the well-earned title of being THE DULLEST PERSON IN THE ARM INDUSTRY, all of the glitter and glamour of Las Vegas is lost on me. Lastly, time away from home has become less attractive. I like being at home. Shorter trips are better for me, and I hear the same from many of my colleagues.
The proposals under consideration would include two ways that lenders could extend short-term loans without causing borrowers to become trapped in debt. Lenders could either prevent debt traps at the outset of each loan, or they could protect against debt traps throughout the lending process. Specifically, all lenders making covered short-term loans would have to adhere to one of several requirements.
insideARM.com readers are growing increasingly nervous regarding the safety of the student loan debt collection market, according to two polls conducted over the past five months. Asking the exact same question at different times, respondents indicated that recent developments are driving the pessimism.
After the recession, ARM firms who adapted their business practices are capitalizing on new opportunities as the economy improves.
Leading accounts receivable management company TekCollect carried out their first Adopted Area clean-up of the spring, through their ongoing partnership with Keep Columbus Beautiful.
The SKYLINK Group of Companies is pleased to announce the appointment of Sanj Ark to the position of Chief Operating Officer (COO) of SKYLINK Receivables Inc., and Integrity First Telesolutions Inc., effective on the 15th of March, 2015.
This year’s first quarter has already seen many important developments for the ARM industry, from the Department of Education’s announcement that it will end its relationship with five prominent debt collection agencies, to stricter regulations for New York State as a whole. What’s next? Join Kaulkin Ginsberg President and CEO Mike Ginsberg and Ontario Systems […]
Many creditors’ rights attorneys are suspicious of a process where they perceive the rules of the hearing as subjective and inconsistent and where the appearance of bias is acceptable. So what can be done? If an amicable resolution is not reached, here are some strategies for consideration.