The Indiana Court of Appeals has held that an out-of-state debt collector with no physical place of business in Indiana is not required to obtain a license from the Indiana Department of Financial Institutions (DFI) to collect debts within the state.
Alpha Recovery Corp., an industry leader in Accounts Receivable Management, today announced the appointment of Charlie Bonner as the company’s VP of Business Development. Charlie brings a wealth of industry experience and knowledge to his new role with Alpha.
A bill introduced in the U.S. Senate this month by a coalition of Senators known for their consumer protection positions would amend the Fair Credit Reporting Act (FCRA) to place new requirements on both credit reporting agencies and companies that furnish information to those agencies.
Kentucky Governor Steve Beshear Tuesday announced Frost-Arnett plans to grow its operations in Campbellsville, Ky. Frost-Arnett, headquartered in Nashville, Tenn., an accounts receivable management company specializing in office solutions for health care organizations, will create 70 new full-time jobs and invest $620,000 to expand its Campbellsville facility (Taylor County).
Due to the continuation of an ongoing procurement by the U.S. Department of Education (ED) for Private Collection Agencies (PCAs), Fed Cetera is pleased to announce its sponsorship of a free teleseminar, Federal Subcontracting Opportunity Update, scheduled for Friday, May 9, 2014, at 12 noon EST.
The Consumer Financial Protection Agency Tuesday released a report on the private student loan market in the U.S. that emphasized the need for reform in the way lenders treat certain co-signer agreement clauses, going so far as to urge borrowers to seek co-signer releases.
A federal judge in New Jersey last week approved the settlement of a class action lawsuit against a collection agency over the validation language the firm used in a letter to a consumer. The settlement calls for the debt collection firm to pay $9,500 to the lead plaintiff and potential class of 225 consumers, with the plaintiffs’ attorneys receiving $40,000.
Delta Outsource Group, Inc., a leading provider of call center solutions from collections to customer care, is pleased to announce the installation of its Chief Operating Officer, Nick Jarman, as the 2014-2015 President of the Missouri Collectors Association.
There’s an irritating dinner-party-conversation-starter topic about how, because of physics and aerodynamics, bumblebees shouldn’t be able to fly. It’s a ridiculous argument because: (a) bumblebees have been flying just fine since there were bees to bumble; and (b) it’s not like if you told a bumblebee, “Hey, you, with the bumbles: did you know you […]
The underlying putative class action complaint was filed in state court and removed by the defendants who then filed a motion to dismiss. The District Court granted the unopposed motion to dismiss and the subsequent motion for reconsideration filed by the plaintiff. The motions were granted due to the fact that, “Counts I through V are clearly barred by the FDCPA’s one-year statute of limitations and Count VI is insufficient to sustain a common law negligence claim and is additionally precluded by Missouri’s economic loss doctrine.” Id. at *2.