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The CFPB Curtails the Activities of an Unlicensed Debt Collector: Striking a Chord Between State Licensing Compliance and the FDCPA

On December 8, 2020, the Consumer Financial Protection Bureau (CFPB) entered into a Consent Order with RAB Performance Recoveries, LLC (RAB) for engaging in debt collection activity without a license in the states of Rhode Island, Connecticut and New Jersey. RAB’s failure to obtain any proper state licensing in those specific states led the CFPB to issue a fine of over $200,000 as well as a permanent order restraining RAB and its principals from ever engaging in a very broad description of debt collection activities. Both state regulators and the CFPB are responsible for regulating debt collection activities and both have a vital interest in the work of the other. However, in this instance, the CPFB acted alone and found that RAB’s conducted not only violated the Fair Debt Collection Practices Act (FDCPA), but their conduct amounted to a UDAAP violation under the Consumer Financial Protection Act of 2010 (CFPA). 

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When Every Contact Counts – You Can Count on Neustar

Know the best number and the best time to reach your customers for higher RPC rates. Neustar offers the most reliable way to correct, complete, and add contactability insights to your data. Increase the efficiency and effectiveness of your outbound communications, while also reducing compliance risks. The authoritative data gathered from Neustar’s extensive network of trusted sources, including direct relationships with all major phone carriers, makes possible the contact intelligence you need to make the right connection the first time. Access these Neustar resources to learn more.

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10 Things You Need to Know About the Explosive Oral Argument in Facebook’s Big TCPA ATDS Battle

Facebook + robocalls= instant magic, at least in terms of readership on TCPA blogs. The stakes are HUGE and — as I’m about to explain — the outcome here is actually far from certain. Indeed, this is going to be a real nail biter as we await the outcome. Currently, there is a big battle at the U.S. Supreme Court regarding the problematic definition of an automatic telephone dialing system (ATDS). Below are the ten most important things for you to know about yesterday's oral arguments at the U.S. Supreme Court in the Facebook case, which looks to clarity the ATDS issue once and for all.

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insideARM Presents: Litigation Year in Review

16 December 2020 at 01:00 p.m.

It's been a busy year, and the court dockets have been no exception. Join insideARM and Friends for a review of the year's most important litigation trends and court decisions.

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