Debt Buying Archives

October 28, 2024 by Don Hoegg Jr. in CFPB

insideARM Weekly Recap – Week of October 21st, 2024

We know that ARM industry professionals are pressed for time. This is why the editorial team at insideARM sifts through all the news and highlights only the most important stories...

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October 23, 2024 by Leah Strickland in Consumers

Eighth Circuit Vacates Defense Summary Judgment on FDCPA Claim Due to Plaintiff’s Lack of Standing

Earlier this month, the U.S. Court of Appeals for the Eighth Circuit vacated summary judgment for the defense on various claims under the Fair Debt Collection Practices Act (FDCPA) because...

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June 24, 2024 by Bryce Noel in Collection Laws and Regulations

insideARM Weekly Recap – Week of June 17th, 2024

The only thing constant in the ARM industry is change. That's why we at insideARM review all the news for you and bring you only the stories that are most...

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June 19, 2024 by Virginia Bell Flynn in Collection Laws and Regulations

Indiana Appeals Court Rules That a Passive Debt Buyer Is a Debt Collector under the FDCPA and State Law

The Court of Appeals of Indiana recently upheld a lower court’s decision that a debt buyer who purchased a portfolio of defaulted student loans and placed an account with a...

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March 14, 2024 by Bryce Noel in Debt Buying

MN Bill Proposes to Ban Medical Debt Sales

The Minnesota legislature was busy in February 2024. Though the Minnesota Debt Fairness Act captured recent headlines (a deep dive into the bill can be found here), another bill that...

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October 11, 2023 by Kristen Larson in CFPB

NY Federal Court Denies Motion to Dismiss CFPB Lawsuit Against Debt Buyer Companies And Their Owners/Officers For Unlawful Debt Collection Practices Based On Third-Party Conduct

A New York federal district court has denied a motion to dismiss the lawsuit filed in January 2022 by the CFPB against three companies that purchase portfolios of defaulted debts...

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September 6, 2023 by Ethan G. Ostroff in Debt Buying

New York District Court Approves Class Action in FDCPA Case Alleging Improper Debt Assignment Notification

On August 18, a judge in the U.S. District Court for the Western District of New York granted the plaintiff’s motion for class certification for alleged violations of the Fair...

Blank numbered list with Rules at header written on chalkboard.

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July 5, 2023 by Orrick, Herrington & Sutcliffe LLP in Compliance

Nevada Expands Collection Agency Licensing Requirements

On June 16, the Nevada governor signed SB 276 (the “Act”) to revise certain provisions relating to debt collection agencies and make amendments to the state’s collection agency licensing law....

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May 30, 2023 by Jeffrey Schreiber in Debt Buying

Why Can’t Courts Agree to The Definition Of Debt Collector?

It’s been 46 years since “debt collector” was defined in the federal Fair Debt Collection Practices FDCPA (FDCPA) so why do courts still disagree with its meaning? One reason may...

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March 15, 2023 by Stefanie H Jackman in Collection Laws and Regulations

New Wyoming Bill Requires Licensure for Debt-Buyers

On February 27, Wyoming Governor Mark Gordon signed into law House Bill 284, which requires debt buyers be licensed as “collection agencies” starting July 1, 2023.The bill was introduced at...

Debt Buying

insideARM Weekly Recap – Week of October 21st, 2024

Eighth Circuit Vacates Defense Summary Judgment on FDCPA Claim Due to Plaintiff’s Lack of Standing

insideARM Weekly Recap – Week of June 17th, 2024

Indiana Appeals Court Rules That a Passive Debt Buyer Is a Debt Collector under the FDCPA and State Law

MN Bill Proposes to Ban Medical Debt Sales

NY Federal Court Denies Motion to Dismiss CFPB Lawsuit Against Debt Buyer Companies And Their Owners/Officers For Unlawful Debt Collection Practices Based On Third-Party Conduct

New York District Court Approves Class Action in FDCPA Case Alleging Improper Debt Assignment Notification

Nevada Expands Collection Agency Licensing Requirements

Why Can’t Courts Agree to The Definition Of Debt Collector?

New Wyoming Bill Requires Licensure for Debt-Buyers

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