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Northern District of NY Agrees with Debt Collector: Pre-Judgment Interest Does Not Trigger Avila Disclosure Requirements

The far-fetched “reverse Avila” claims continue to crumble in New York district courts. On November 15, 2017, Judge McAvoy of the Northern District of New York dismissed a reverse Avila claim alleging that the Avila disclosure was required on a letter due to pre-judgment interest that may accrue on the account as prescribed N.Y. C.P.L.R. § 5001.  

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Which compliance tools do your peers depend on?

Find out when you take our five-minute survey on compliance resources. We'll analyze the results and email you the executive summary (to include industry-wide data and a set of infographics). From insideARM and the Compliance Professionals Forum. Find the survey right here.


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ED Takes Next Step in Development of NextGen Servicing System

Last week the U.S. Department of Education, Office of Federal Student Aid (FSA) announced its next step in its vision to create the “Next Generation (NextGen) Financial Services Environment.”

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The One-to-One Appointments Forum

9 July 2018 at 01:00 p.m.

The One-to-One Appointments Forum provides participants with a distinct change of pace from the traditional conference environment. How? By putting formal 45-minute meetings between potential buyers and sellers at the center of the event. 

Event Details »


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