Eastern District of New York Dismisses Six Hunstein Copy-Cat Cases; Questions Hunstein’s Viability After TransUnion

Almost immediately after the 11th Circuit Court of Appeals published its decision in Hunstein vs. Preferred Collection & Management Services, Inc, 994 F.3d 1341 (11th Cir. 2021), opportunistic attorneys began filing copy-cat cases nationwide. Suddenly, overnight, the well-known and long-accepted practice of sending data to a letter vendor for printing morphed from a non-issue into the most egregious of consumer harms. Certain wily attorneys collectively gasped, clutched their pearls, and started serial filing lawsuits to right this newly discovered wrong.

Read the Whole Story »

California DFPI Announces Inaugural Debt Collection Advisory Committee Meeting

SACRAMENTO,  Calif. -- In April, the Department announced the formal creation of its inaugural debt collection advisory committee, a seven-member board that will provide critical feedback to the Department as it stands up its debt collection licensing program. The diverse group includes a consumer advocate and representatives from the debt collection, debt-buying, third-party collection, and collection law industries. The committee will advise Acting Commissioner Christopher S. Shultz on matters related to the debt collection business, including proposed fee schedules and other requirements.

Read the Whole Story »

National Debt Holdings Donates to Support Surfside Fund for Those Impacted by the Surfside, FL Tragedy

FORT LAUDERDALE, Fla. -- National Debt Holdings, a receivables management firm in Fort Lauderdale, FL, extends its heartfelt condolences and sympathies to those impacted by the recent tragedy in Surfside, FL. In order to offer its support, National Debt holdings recently contributed to SupportSurfside.org to provide aid to those impacted and invites its industry peers and colleagues to consider doing the same.

Read the Whole Story »

Spring Oaks Hires Tracy Wildman as Senior Business Analyst

CHESAPEAKE, Va. -- Spring Oaks Capital, LLC has hired Tracy Wildman as a Senior Business Analyst. She will report to Chief Operating Officer Jason Collins.

Read the Whole Story »

8th Cir. Confirms Various Loss Mit and Foreclosure Communications Not Subject to FDCPA

The U.S. Court of Appeals for the Eighth Circuit recently affirmed the entry of summary judgment in favor of a mortgage servicer against a borrower’s claims that it violated the federal Fair Debt Collection Practices Act (FDCPA).

Read the Whole Story »

Financial Recovery Services Donates $5,000 to Courage Kenny Foundation

EDINA, Minn. -- On July 16, 2021, Financial Recovery Services made a donation of $5,000 to the Courage Kenny Foundation, which will help support the work of the Allina Health Courage Kenny Rehabilitation Institute.

Read the Whole Story »

Women in Consumer Finance 2021

6 December 2021 at 02:45 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer Finance 2021 – a conference and networking experience for ALL women in consumer finance.

Event Details »

Free Reports and Webinars

from insideARM.com

» Automation is Key to Collections Success: What You Need to Know

» Katabat Presents: Omnichannel Channel Strategies for the Long-Term

» Automating Call Wrap-up Can Transform Agent Productivity - Find out How

» TransUnion Presents: The Evolving Legal Landscape of Hunstein

» The State of Debt Collection: Regulatory Trends That Will Impact Your Outreach Strategy

» Collection System Capabilities & Regulation F: Telrock Survey Results

View all Free Reports and Webinars