A judge in the US District Court for the Eastern District of New York this week sided with a debt collection agency in dismissing a case, with prejudice, that alleged violations of the FDCPA in collection letter language. The judge offered interesting commentary on the “least sophisticated consumer” standard in her opinion.
RevSpring is pleased to announce the promotion of Robert Flynn to Chief Operating Officer at RevSpring as well as the hiring of John Carson as Chief Financial Officer.
Most consumer advocates and collectors agree that the validation language required by the Fair Debt Collection Practices Act (FDCPA) is stilted and obscure. Two recent cases in different Federal Courts of Appeal examined questions about the wording of specific validation notices and have caused concern for collectors about the language used.
A new report from the Office of the Inspector General of the U.S. Postal Service proposes using the Postal Service for a variety of financial services for low-income Americans, including small loans and debt collection. The idea got a high-profile endorsement from Sen. Elizabeth Warren (D-Mass.) Saturday in an op-ed for Huffington Post. According to […]
A panel of judges in the Fourth Circuit of Appeals Friday revived a class action case against a debt collector over language used in the firm’s collection letters. At issue was the demand that any disputes be made in writing, which the plaintiffs claim was a violation of the FDCPA.
RevSpring is pleased to announce the addition of Rick Regan as Vice President of National Accounts/First Party.
A three-judge panel in the Seventh Circuit Court of Appeals last week upheld lower court rulings in a consolidated case that found minor deviations from the validation notice language in debt collection letters do not constitute violations of the Fair Debt Collection Practices Act (FDCPA).
RevSpring is pleased to reaffirm its commitment to security and compliance having successfully undergone the necessary criteria to complete the AT 101 SOC 2 Type 2 audit under the American Institute of Certified Public Accountants (AICPA) guidelines.
As the ARM industry gears up for another great, but challenging, year, here are a few important goals to consider in 2014.
In the spirit of the season, RevSpring’s team provided toys or gifts for 300 children across the country as well as donated 225 pounds of non-perishable food items.