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Department of ED vs. Collection Agencies Saga Will Come to a Head on April 16

In a status conference on March 21, 2019, the Court of Federal Claims (COFC) set a hearing date of April 16th to address a preliminary injunction that would prevent the Department of Education (ED, FSA or The Department) from recalling all remaining accounts from four large private collection agencies (PCAs) that still hold Award Term Extensions (ATEs). The recall of these accounts would, for practical purposes, be a nail in the coffin for these firms because it would mean the loss of their Authority to Operate (ATO), which can take up to a year to get -- even if they ultimately win their case.

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11th Circuit: Letter Offering to “Resolve” Out of Stat Account Contains Implicit Threat of Litigation, Requires Out of Stat Disclosure

On Friday, the Eleventh Circuit issued a ruling in Holzman v. Malcolm S. Gerald & Associates, Inc., No. 16-16511 (11th Cir. Apr. 5, 2019) highlighting an issue in collecting time-barred (commonly known as “out of stat”) debt: how can a debt collector communicate a settlement offer without implying a threat of litigation?

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Tips on Leveraging Credit Cards in Your Business

25 April 2019 at 01:00 p.m.

In this webinar, a former American Express vice president, corporate finance manager and a collection law firm owner will show you how they maximize their credit card spend to save thousands in travel!

Event Details »

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