N.D. Illinois Cuts Attorney Fees Award Due to Rejection of Settlement Offer Earlier in Litigation

Where plaintiffs or their counsel refuse to reasonable settle a matter, a Rule 68 offer of judgment is a tool at the defendant’s disposal to keep the plaintiff’s attorney fees manageable. In the Seventh Circuit, a regular offer to settle the matter outside of the Rule 68 context might have the same benefit. This is illustrated in Cooper v. Retrieval-Masters Creditors Bureau, Inc., No. 16-CV-2827 (N.D. Ill. May 21, 2018).

Read the Whole Story »

News and Opinion

from insideARM.com

» N.D. Illinois Cuts Attorney Fees Award Due to Rejection of Settlement Offer Earlier in Litigation

» Convoke Introduces Debt Settlement, API Support, Single Sign On

» Barry Fromm of Value Recovery Group Passes Away

» Ninth Circuit Drops the Hammer on Opt Out Evader in TCPA Case; Agrees One-Word Opt-Out is Reasonable Revocation Procedure

» BCFP Revisits Payday Rule, Expected January 2019

» Innovation: Opening the Door for Regulatory Engagement

» BCFP Releases Complaints Snapshot, Debt Collection No Longer No. 1

» PDCflow Celebrates 15 Years Serving Customers

BCFP Revisits Payday Rule, Expected January 2019

On October 26, 2018, the Bureau of Consumer Financial Protection (BCFP or Bureau) announced that it expects to issue a proposed rule in January 2019 reconsidering its previously-issued rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans (Payday Rule or the Rule). According to the Bureau, it will revisit only the ability-to-repay provisions of the original rule since they “have much greater consequences for both consumers and industry than the payment provisions.”

Read the Whole Story »

insideARM Jobs

» RFP Writer/Marketing Coordinator - Execcutive Alliance - Columbus, OH

» Government/Court Client Relationship Manager - Client Services, Inc. - St. Charles, MO

» Sales Executive - National Service Bureau - Bothell, WA

» Director of Internal Recoveries - World Acceptance Corporation - Greenville, SC

» Director of External Recoveries - World Acceptance Corporation - Greenville, SC

All Jobs

Women in Consumer Finance Conference

10 December 2018 at 06:00 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance 2018 – a conference and networking event for ALL women in consumer finance.

Event Details »

Free Reports and Webinars

from insideARM.com

» Transforming the Contact Center to Reach More Customers

» How to Decide: Build or Buy Your Saas Platform?

» Optimize Collections Operations - Combat Call Blocking Technology and Improve Contact Strategies

» Optimizing Batch and Manual Skip Tracing: A Winning Formula

» 5 Key Steps to Remaining Efficient During a Disaster

» See just how much you can save (and gain) with digital collections

View all Free Reports and Webinars