iA Research Assistant Archives - Page 2 of 23

July 25, 2018 by Stephanie Eidelman in BPO

Could There Be a Light at the End of the Constant Tunnel of Audits and Exams?

Yesterday the House of Representatives Financial Services Committee held a hearing to markup H.R. 3626 (among several other Bills), the “Bank Service Company Examination Coordination Act of 2017.” Sponsored by Rep. Roger Williams...

July 19, 2018 by Christopher Tolley in Collection Laws and Regulations

2 New Rules in Massachusetts Add to Requirements for Default Judgment

Massachusetts attorneys should be aware of two new rules which impose new burdens on them and their creditor clients in seeking default judgments for credit card debt. The rules, which...

July 18, 2018 by Shannon Miller in CFPB

Debt Collection Law Firm Files Findings of Fact, Conclusions of Law in Response to CFPB Action

insideARM editor's note: On May 7, 2018 a jury in the case of CFPB v. Weltman, Weinberg & Reis (WWR) reached a mixed verdict, but that the judge decided to...

July 17, 2018 by Stephanie Eidelman in Compliance Management

Colorado Issues Bi-Annual Report on its FDCPA

In advance of its meeting to discuss collection practices trends and issues, potential rulemaking, and "other business," the Interim Administrator of Colorado's Fair Debt Collection Practices Act (CFDCPA) has issued a...

July 16, 2018 by Hannah Huerta in Collection Laws and Regulations

Confused About How To Comply with Regulation E for Accounts Receivable? Legal Experts Explain (sponsored)

Regulation E is a well-known, but often confusing, regulation found within the Electronic Funds Transfer Act (EFTA). Although most accounts receivable departments fall under its scope in some way while...

July 16, 2018 by Stephanie Eidelman in CFPB

BCFP Issues First Debt Collection-Related Consent Order Since Leadership Change

On Friday the Bureau of Consumer Financial Protection (BCFP or Bureau) announced a settlement with National Credit Adjusters, LLC (NCA), a privately-held company headquartered in Hutchinson, Kansas, and its former CEO...

July 12, 2018 by Peter Ghiselli in Collection Strategy

Inventory Segmentation 101: Back to Basics (sponsored)

The debt collections space is fluid. This is illustrated by a continuum of changes in compliance requirements, consumer behavior and consolidation practices — all requiring analytical insight that takes as...

July 12, 2018 by Mike Bevel in Collection Laws and Regulations

FDCPA Caselaw Review for June 2018

insideARM maintains a free FDCPA resources page to provide the ARM community a destination for timely and topical information on the Fair Debt Collection Practices Act (FDCPA). This page is generously supported...

July 12, 2018 by Rozanne Andersen in Compliance Management

Bargained-For Consent Might Mitigate Your Risk When Contacting Consumers

This article first appeared on the Ontario Systems Blog and is republished here with permission. If you have not memorized Reyes, Jr. v. Lincoln Automotive Financial Services by chapter and verse, you have some...

July 11, 2018 by Mike Bevel in Collection Laws and Regulations

Can a Collector Be Call-Baited?

[The article below is by Mike Bevel, Director of Education for the Compliance Professionals Forum. It first appeared in our Compliance Weekly newsletter - a concise and witty rundown each...

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