The Federal Trade Commission announced Thursday that it is launching a series of “Debt Collection Dialogues” around the country. The meetings will feature representatives from the FTC and other regulators and will specifically focus on questions and comments from members of the debt collection industry.
Just in case there was a doubt about what the consumer bar is really after, a prolific attorney that targets the ARM industry argues that the CFPB is “ineffective” in its regulatory efforts because it doesn’t get enough money from collection agencies and debt buyers to settle consumer complaints.
RDS (Revenue Discovery Systems), a provider of local government revenue administration services, today announced that Ashley Hancock has joined the RDS team as regional account manager.
The iA Institute, publisher of insideARM.com, is hosting the second annual ARM-U learning conference in June. This year, ARM-U has been reconfigured as a virtual event featuring six operations and compliance-focused webinars over two days.
TransUnion, a global leader in information and risk management, and Global Debt Registry (GDR), the pioneer and leader in debt information access and validation, today announced a collaboration to market GDR debt registry services for debt buyers, collectors and financial institutions. GDR’s debt registry offering enables debt owners to accelerate collections through streamlined access to […]
PRA Group (Nasdaq:PRAA), a global leader in acquiring defaulted receivables, is pleased to announce the appointment of Deborah G. Cassidy as a new member of PRA Group’s executive management team. Cassidy will serve as chief information officer (CIO) for the company.
A committee in the Oregon House of Representatives next week will consider a bill that could place extensive new requirements on debt buyers that file collection lawsuits against consumers. In a public hearing late last month, debt buyers expressed opposition to the bill as introduced noting “this legislation has very significant problems.”
InVenio Financial, the debt purchasing affiliate of Phillips & Cohen Associates, Ltd (PCA), is delighted to announce the completion of a $25 million credit facility from U.S.-based Javlin Capital (Javlin), enabling InVenio to acquire increased volumes of deceased account portfolios across all the countries it services.
Attorney General Eric T. Schneiderman Wednesday announced a settlement with a publicly traded debt buyer that the AG said was prompted by the ARM firm’s practice of “bringing improper debt collection actions against hundreds of New York consumers” specifically on debts that were time-barred under state law.
DBA International is hosting a webinar on Wednesday, April 22nd on understanding the new risks in the bankruptcy claim process. Companies that participate in the bankruptcy claims process have faced a flood of litigation since the 2014 Crawford opinion by the Eleventh Circuit Court of Appeals.