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.”
The SKYLINK Group of Companies today announced that Melissa Hobbs, has joined the firm in a newly created position, as a Senior Vice President and member of our executive team, reporting to Jason Brunet, Chief Business Development Officer.
Kaulkin Ginsberg is launching KG Prime, a distinctive, member-only information service designed exclusively for the leaders of accounts receivable management (ARM) firms.
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.
A judge in the U.S. Court of Federal Claims Tuesday dismissed a complaint against the Department of Education brought by student loan debt collection contractors that disagreed with the agency’s decision to end its relationship with some collectors while expanding its business with others. But the decision was narrow and is likely to be appealed, with additional questions needing an answer before the matter is finally settled.
The FTC Monday announced that it has reached final settlements with two debt portfolio brokers for disclosing too much personal information about debtors in online postings marketing their portfolios for sale. The FTC announced the cases last year, and today’s announcement highlighted new security requirements for the brokers going forward.
Credit Consulting Services, Inc. a collection agency based in Salinas, California, was awarded “Large Business of the Year” by the Salinas Valley Chamber of Commerce at the Chamber’s 94th Annual Award Luncheon. The event was held in front of 500 people at the Salinas Community Center on February 26th.
The FTC and the Illinois Attorney General’s Office announced Friday that they have obtained a court order temporarily halting a fake debt collection scam located in a suburb of Chicago. The defendants are charged with illegally using threats and intimidation tactics to coerce consumers to pay payday loan debts they either did not owe, or did not owe to the defendants.
KM² Solutions, a leading US-based contact center services provider, announces leadership transitions to its senior management team. These transitions reflect the company’s recent growth and its continued focus on strong leadership and innovation.
The Account Control Technology Foundation (herein ACT Foundation), a non-profit, charitable organization established by the founders of Account Control Technology, Inc. (ACT), has announced the release of “Beware the Debt Monster,” a short video aimed at building financial literacy by highlighting the dangers of monstrous or unaddressed debt.