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CFPB and FTC Each Issue Fines/Penalties Against Debt Settlement Companies

The CFPB and FTC continue to make clear that their number one mission is protecting consumers, including from entities that claim to offer consumers assistance. On May 17, 2021, both CFPB and FTC issued press releases announcing they are seeking fines and penalties against debt settlement companies for unlawfully charging fees to consumers.

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Collection System Capabilities & Regulation F: Telrock Survey Results

Based on Telrock's technology survey of the industry, this report summarizes survey results and key insights from collections organizations with varying operation sizes and debt types. Learn how the industry responded by downloading the whitepaper here.
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NCB MRS Crown Asset Management Spring Oaks Capital TransUnion

First Financial Asset Management Continues Annual Sponsorship of the Promise686 Promise Race

The FFAM360 Alliance of Companies announces its continued corporate sponsorship of Promise686, a non-profit charity dedicated to ending the cycle of foster care, and its annual participation in The 2021 Promise Race, uniting people across the country to work towards the common goal of making a difference in the lives of vulnerable children.

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Out of the Frying Pan: Another Defendant Ends up in State Court After Raising Article III Issues

Friend or foe?

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Southern District of California Says Unanswered Calls are Not a Communication

On May 10, 2021, not only did the District Court in the Southern District of California grant summary judgment in favor of the defendant debt collector, it did so on its own motion. Yes- you read that right- the court entered a judgment in favor of the debt collector where the debt collector had not even asked for it to do so.

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Legal Service of Process Leader ProVest Celebrates 30th Anniversary

TAMPA, Fla. -- ProVest, an industry leader in serving legal process, is celebrating its 30th anniversary. In 1991 Scott Strady founded the firm with the vision to create a nationwide network of agents, down to the county level, to manage the entire process of service for law firms and banking clients.

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Maryland Alleges Partnership Program Between Missouri Bank and Fintech Partners Violates State Licensing Laws

As the result of an investigation sparked by a consumer complaint, the Maryland Office of the Commissioner of Financial Regulation (Commissioner) has alleged a Missouri state-chartered bank and its fintech partners violated various Maryland licensing and credit-related statutes. The case is Salazar v. Fortiva Financial, LLC, Atlanticus Services Corporation, and the Bank of Missouri s/b/m Mid-America Bank & Trust Company.

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iA Strategy & Tech 2021

13 July 2021 at 09:00 a.m.

Hear from the experts who can help transform your strategy.

You don't want to spend one unnecessary cent on your accounts. Find out how evolving ideas in strategy, cutting-edge tactics and a sophisticated blend of technology can get you much, much closer to that ideal.

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