COLLINGSWOOD, N.J. – HS Financial Group, LLC (HSF) and Fed Cetera are pleased to announce that HSF has won Fed Cetera’s Robert J. Prince Award for outstanding performance as a subcontractor on the Department of Education’s (ED) Private Collection Agency (PCA) contract. The award is given by Fed Cetera to a small business subcontractor whose exceptional […]
WASHINGTON, District of Columbia – As the buzz around the insideARM 2016 Larger Market Participant Summit grows, conference registrants and those considering registering who have interests in government and higher education markets should consider the breakout session entitled Best Practices in Gov’t & Higher Ed Contracting Compliance: A New Era in “Getting it Right.” This session […]
The Silver case is important to the entire ARM industry for a number of reasons. Any positive decision in a TCPA case is a good decision and should be reviewed. However, the case is especially important to that segment of the ARM industry that collects on federal government-backed student loans.
Private collection agencies have played a critical role in sustaining the Federal Student Loan programs for the past 40 years. Whether in support of the over 2,000 colleges and universities managing Federal Campus programs for their students, or the U.S. Department of Education and its guaranty agency partners, private collection agencies (PCAs) provide valuable assistance […]
Yesterday the United States Supreme Court heard oral arguments in the case of Pamela Gillie, et al. (Plaintiff), v. Law Office of Eric A. Jones, LLC, et al. (Defendant). This is the first case in ten years regarding the FDCPA to be heard by the highest court, Ohio state officials are looking to overturn a […]
Yesterday the CFPB announced it had requested that a federal district court enter a final judgment and order that would shut down a student debt relief scheme that charged borrowers millions of dollars in illegal upfront fees for federal student loan services. If approved by the court, the proposed judgment would ban the company, Student […]
COLLINGSWOOD, N.J. – MyGovWatch.com is celebrating today, National Freedom of Information Day in the United States, by offering a unique promotion to companies aspiring to win government contracts. Any company not currently using the website but requesting a free trial and signing up before March 31st will receive three users for the price of one just […]
Yesterday the U.S. Department of Justice issued a press release announcing a package of resources to assist state and local efforts to reform harmful related to the assessment and enforcement of fines and fees. The end result is that any collection agency that collects of any type of government fines and fees should be aware of this announcement and thoroughly review.
Last Thursday FCC Chairman Tom Wheeler revealed proposed restrictions on the use of an ATDS to call people who owe money to the government. The rules – reportedly crafted in conjunction with the CFPB – include a provision to limit the volume of calls to three per month.
Last month I wrote about IRS Commissioner John Koskinen’s testimony to the Senate Committee on Finance. Among many topics addressed in this hearing was the recently passed FAST Act provision to reinstate the use of private debt collectors within the IRS. At the February 10 hearing the Commissioner said, “We’re going to do everything we can to get […]