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Completing a self assessment on compliance and data security.
Download and complete this free and comprehensive questionnaire from industry-expert Todd Langusch. Your answers will immediately show you any vulnerabilities your agency may be laboring with.
TECH LOCK Challenge: A Compliance and Data Security Questionnaire
insideARM: Accounts Receivable Management
A federal class action lawsuit in Seattle alleges that a collection agency used the King County prosecutor’s seals on debt collection letters to consumers, while failing to disclose that the letter was from a collection agency and not a law enforcement office. The plaintiffs say they received seemingly official letters from Missouri-based collection agency Bounceback which included threats of jail time if consumers didn’t pay the amount of the debt and more than $180 in fees. Bounceback was able to use the county prosecutor’s seal on these collection letters because it participates in a “check enforcement program,” where county prosecutors rent out the prosecutor’s seal and letterhead in exchange for a cut of the collection fees.Read more of today's top story »
Today's News and Opinion
- A Lot Going on at JJL Process July 28, 2014
- Louisiana Developing Office of Debt Recovery Through Private-Public Partnership July 25, 2014
- Executive Change: CFPB Enforcement Attorney Appointed Affirm Chief Compliance Officer July 25, 2014
- ACA International Announces 2014-2015 Board of Directors and Officers July 24, 2014
- Debt Collectors Seemingly Split on the Question of Calling Cell Phones July 24, 2014
- Should the CFPB issue guidance about what it considers appropriate attorney oversight when filing debt collection lawsuits? July 24, 2014
- UPDATE: NY Debt Collector’s Operations Shuttered After Joint FTC, NY AG Complaint July 24, 2014
- Convenience Fee Payment Processing is Now Available through Payment Savvy LLC July 24, 2014
- NJ Court Holds No FDCPA Violation for Filing Suit on Time-Barred Debt July 24, 2014
- Present Capacity and Effective Consent: Two Parts of a Compelling TCPA Panel at ACA July 23, 2014
- Ohio AG Accused of Giving Debt Collection Contracts to Donors July 23, 2014
Collection Industry Blogs
On July 14, the Consumer Financial Protection Bureau filed a lawsuit against Frederick J. Hanna & Associates, a debt collection law firm that it redefined as a “lawsuit mill.” The CFPB alleges that the firm churned out hundreds of thousands of debt collection lawsuits with little or no oversight from attorneys, and violated the FDCPA in the process. In short: Lawyers aren’t happy. What kind of precedent do you think this sets?