Wave of Federal Lawsuits Slam Furnishers for “Inaccurate” Credit Reporting of Accounts in Bankruptcy

Consumer attorneys are manufacturing the recent surge of Fair Credit Reporting Act (FCRA) lawsuits nationwide against creditors and debt collectors that credit report on accounts included in a consumer’s bankruptcy.   Cases in this latest wave of consumer lawsuits typically assert that prior credit reporting on accounts subsequently included in a bankruptcy violates the FCRA.

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News and Opinion

from insideARM.com

» Wave of Federal Lawsuits Slam Furnishers for “Inaccurate” Credit Reporting of Accounts in Bankruptcy

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Credit Eco to Go: Putting the “Consumer” Back Into Consumer Financial Services

Sheila Monroe, CEO of TrueAccord Corp, stops by the next episode of Clark Hill’s Credit Eco To Go to talk about the credit ecosystem from the consumer perspective. TrueAccord has been a disrupter in the accounts receivable management industry. Instead of viewing consumers as individual debtors, their approach has been to guide consumers through the life cycle in part by tailoring technology to customize outcomes as well as to build goodwill so consumers will ultimately succeed financially beyond the payment of a debt. 

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Transforming Compliance & Audit Workflows

21 October 2020 at 02:00 p.m.

Audit and control processes are vital debt collection and account receivables management activities -- but you may be using outdated tools for this business-vital process.

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