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No More Conferences/ For Now or Forever
We hope everyone is well and safe during these troubled times of change. The United States is the strongest country and have the most resilient people on earth, which is …
Who Is Seize Assets?
By: Robert Pinchuck SeizeAssets.com investigates debtors and companies and produces actionable data which is extremely desirable for many different groups of clientele looking to find assets. For example, debt buyers …
Damages That Debtors Have Been Awarded When Suing Collectors. FYI – Be Careful
By: Robert Pinchuck There are thousands of demands made on creditors, collection agencies, debt buyers, and other attorneys every month by FDCPA litigant attorneys. The business is showing no signs …
Ways to Locate Hidden Assets
It’s no easy task, but you have to be creative to locate assets – especially when dealing with debtors who are actively finding ways to hide them. For example, buying …

NCBA Presents 2020 Awards & Scholarships at Executive Experience Event in Phoenix, Arizona
FOR IMMEDIATE RELEASE October 22, 2020 [UNIVERSITY PARK, FL] National Creditors Bar Association (NCBA) presented its 2020 awards and scholarships this week at the NCBA 2020 Executive Experience event in …
FDCPA Certification and Training online courses for as little as $29
PROPER TRAINING IN FDCPA COMPLIANCE SIGNIFICANTLY LOWERS THE CHANCES OF GETTING SUED Do you have a collection department or staff that interacts daily with companies or consumers in regards to …
Betting on Asia’s Debt, Europe’s Hunt for Yield Heads East
SINGAPORE/AMSTERDAM — Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise of higher returns and a hope …
On-Demand: Fewer Collectors, More Accounts: Prioritizing Contact Efforts for the Coming Wave of Delinquencies and Defaults
As the economy faces unprecedented unemployment rates and an impending recession, record numbers of financial accounts across industries will enter collections. According to NPR, banks are preparing for “an onslaught …
Debt collection rules should not affect first-party collectors
The Consumer Financial Protection Bureau (CFPB) should ensure its debt collection rulemakings do not extend unwarranted regulatory requirements to first-party debt collectors, CUNA wrote Tuesday in response to a CFPB proposal. The proposal …
Breakdown of NYC DCA FAQs and Reporting Requirements for New LEP Rule
Last week, the New York City Department of Consumer Affairs (DCA) provided some clarity to debt collectors on its newly-enacted Limited English Proficiency Rule (LEP Rule). DCA issued an FAQ document …

Concerns over prohibition against debt collection service
Article 6 Investment Law 2020 stipulates that “Debt Collection Service” is one of the businesses that are prohibited from investment. This regulation will come into force on 1 January 2021, …
Amid coronavirus economic recovery, Ohio can help prevent a consumer debt crisis
As Ohio reopens with mounting uncertainty, we see promising signs of recovery from COVID-19. But the hope for economic recovery locally and nationwide will be tempered as millions of Americans …
Community group opposes Pine Bluff court debt collection proposal
In tough times, the Pine Bluff City Council is considering a proposal to sic a private debt collection agency on people with unpaid fines and fees. The Arkansas Community Organizations has written the mayor and city council …
TCPA’s 2015 Government-Debt Collection Exception Struck Down- Now What?
The Supreme Court’s recent decision in Barr v. American Association of Political Consultants held the government-debt exception of the TCPA unconstitutional under the First Amendment’s Free Speech Clause. This means that going …

Americans Are Reaching for Their Credit Cards Again and Debt Is Climbing
Source: site Americans borrowed a lot more money in May, according to new data from the Federal Reserve’s Consumer Credit Report released in July. There was a 10% increase in credit use on …
Biden to call for greater bank merger scrutiny, customer control of financial data
Source: site President Biden on Friday will ask bank regulators to adopt tighter standards for approving mergers and allow customers to download their financial transaction data from banks. Biden is set …
President Biden Signs Bipartisan Bill To Curb Predatory Lending
Source: site By Charlene Crowell In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guard rails in the marketplace. But a …

The U.S. vs. the world: How major nations are recovering from coronavirus
Poor health outcomes in the U.S. point to a slow economic recovery, and possibly a double-dip recession. People wearing face masks to protect against the coronavirus gather at a pedestran …
Google Defends Its Debt Collection Practices in Travel
Google is feeling the heat over its unwillingness to discount travel advertisers’ unpaid advertising bills that grew out of the Covid-19-induced economic collapse, and its payment-collection practices, which include barring new advertising for nonpayment. …
Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack
R1 RCM Inc. [NASDAQ:RCM], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. Formerly known as Accretive Health Inc., Chicago-based R1 RCM brought in revenues …
Enhanced oil recovery giant Denbury Resources files for bankruptcy
Another major oil company has buckled under the weight of its debt during the COVID-19 pandemic and fallen into bankruptcy as depressed fuel demand continue to pummel the nation’s energy giants. …

Biden’s Executive Order Links Data Collection to Competition
Source: site President Joe Biden‘s push for Federal Trade Commission rules protecting consumer data privacy highlights ties between tech companies’ power and the personal information they collect. Biden urged the FTC …
Florida Makes Significant Changes To State Telemarketing Laws
Source: site Florida law now provides a private right of action for violations of various telemarketing rules, allows the use of certain automated telemarketing methods with prior express written consent, and …
3rd Circuit Ruling On Bar Codes Has Implications For Debt Collectors
Source: site A recent decision in the 3rd Circuit should prompt debt collectors to review their inclusion of viewable bar codes, QR codes or other technologies when sending debt collection letters. …

‘Undue Hardship’ Is Too Strict A Standard To Discharge Student Loans In Bankruptcy, ABA Argues
Source: site The House of Delegates passed a resolution at the ABA Hybrid Annual Meeting on Tuesday urging Congress to amend the U.S. Bankruptcy Code to allow borrowers to discharge student …
Individual Bankruptcy Filings Fall During Pandemic
Source: site The number of people seeking bankruptcy fell sharply during the pandemic as government aid propped up income and staved off housing and student-loan obligations. Bankruptcy filings by consumers under …
New York’s Historic Down Town Association Files for Bankruptcy
Source: site (Bloomberg) — The Down Town Association, the oldest social club in lower Manhattan and a former haven for New York and national power brokers, has filed for bankruptcy. The …

Student Loan Debtors Seek High Court Standard In Debt Discharge
Source: site Consumer advocates are calling on the U.S. Supreme Court to provide a uniform, nationwide standard for what debtors must prove to eliminate student loan debt in bankruptcy. Wiping out …
CFPB Releases 2020 Fair Lending Report
Source: site The CFPB recently released its 2020 Fair Lending Report. The report highlights the CFPB’s work in 2020 around fair lending during the COVID-19 pandemic and its resulting economic consequences. …
3rd Circuit Rules Collection Letter’s Itemization Of Zero Balance For Interest And Other Fees Not Confusing Or Misleading
Source: site On April 12, the U.S. Court of Appeals for the Third Circuit affirmed dismissal of an FDCPA action, concluding that itemized breakdowns in collection letters that include zero balances for interest …
5th Cir. Holds FDCPA Plaintiff Not Entitled To Attorney’s Fees Following Settlement
Source: site The U.S. Court of Appeals for the Fifth Circuit recently affirmed a trial court’s denial of an award of attorney’s fees to a debtor who settled his claims against …

National Service Bureau Earns Certificate of Accreditation and Compliance
Tuesday, October 21, 2021-Chicago-Commercial Collection Agencies of America is proud to announce that National Service Bureau-Commercial Division has recently earned the industryrespected Certificate of Accreditation and Compliance. National Service Bureau, …
SIMM Associates Inc. Celebrates 30 Years of Growth, Partners with Provana to Digitize Compliance Management
ARM firm automates compliance management and agent productivity with Provana platform and analytics Newark, DE – Jul 28, 2021 – SIMM Associates, Inc. (“SIMM”), a full-service ARM and BPO Customer …
Albright Named to Independent Standards Board
Wednesday, April 7, 2021-Chicago- Commercial Collection Agencies of America is proud to announce the appointment of Mr. Kurt Albright to the Independent Standards Board effective immediately. Albright was recently approved …
PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform
PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform St. Petersburg, Fla. — (June 4, 2020) — PSCU, the nation’s premier payments credit union service organization (CUSO), announced …

NCBA Presents 2020 Awards & Scholarships at Executive Experience Event in Phoenix, Arizona
FOR IMMEDIATE RELEASE October 22, 2020 [UNIVERSITY PARK, FL] National Creditors Bar Association (NCBA) presented its 2020 awards and scholarships this week at the NCBA 2020 Executive Experience event in …
FDCPA Certification and Training online courses for as little as $29
PROPER TRAINING IN FDCPA COMPLIANCE SIGNIFICANTLY LOWERS THE CHANCES OF GETTING SUED Do you have a collection department or staff that interacts daily with companies or consumers in regards to …
Betting on Asia’s Debt, Europe’s Hunt for Yield Heads East
SINGAPORE/AMSTERDAM — Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise of higher returns and a hope …
On-Demand: Fewer Collectors, More Accounts: Prioritizing Contact Efforts for the Coming Wave of Delinquencies and Defaults
As the economy faces unprecedented unemployment rates and an impending recession, record numbers of financial accounts across industries will enter collections. According to NPR, banks are preparing for “an onslaught …
Debt collection rules should not affect first-party collectors
The Consumer Financial Protection Bureau (CFPB) should ensure its debt collection rulemakings do not extend unwarranted regulatory requirements to first-party debt collectors, CUNA wrote Tuesday in response to a CFPB proposal. The proposal …
Breakdown of NYC DCA FAQs and Reporting Requirements for New LEP Rule
Last week, the New York City Department of Consumer Affairs (DCA) provided some clarity to debt collectors on its newly-enacted Limited English Proficiency Rule (LEP Rule). DCA issued an FAQ document …

Concerns over prohibition against debt collection service
Article 6 Investment Law 2020 stipulates that “Debt Collection Service” is one of the businesses that are prohibited from investment. This regulation will come into force on 1 January 2021, …
Amid coronavirus economic recovery, Ohio can help prevent a consumer debt crisis
As Ohio reopens with mounting uncertainty, we see promising signs of recovery from COVID-19. But the hope for economic recovery locally and nationwide will be tempered as millions of Americans …
Community group opposes Pine Bluff court debt collection proposal
In tough times, the Pine Bluff City Council is considering a proposal to sic a private debt collection agency on people with unpaid fines and fees. The Arkansas Community Organizations has written the mayor and city council …
TCPA’s 2015 Government-Debt Collection Exception Struck Down- Now What?
The Supreme Court’s recent decision in Barr v. American Association of Political Consultants held the government-debt exception of the TCPA unconstitutional under the First Amendment’s Free Speech Clause. This means that going …

Americans Are Reaching for Their Credit Cards Again and Debt Is Climbing
Source: site Americans borrowed a lot more money in May, according to new data from the Federal Reserve’s Consumer Credit Report released in July. There was a 10% increase in credit use on …
Biden to call for greater bank merger scrutiny, customer control of financial data
Source: site President Biden on Friday will ask bank regulators to adopt tighter standards for approving mergers and allow customers to download their financial transaction data from banks. Biden is set …
President Biden Signs Bipartisan Bill To Curb Predatory Lending
Source: site By Charlene Crowell In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guard rails in the marketplace. But a …

The U.S. vs. the world: How major nations are recovering from coronavirus
Poor health outcomes in the U.S. point to a slow economic recovery, and possibly a double-dip recession. People wearing face masks to protect against the coronavirus gather at a pedestran …
Google Defends Its Debt Collection Practices in Travel
Google is feeling the heat over its unwillingness to discount travel advertisers’ unpaid advertising bills that grew out of the Covid-19-induced economic collapse, and its payment-collection practices, which include barring new advertising for nonpayment. …
Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack
R1 RCM Inc. [NASDAQ:RCM], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. Formerly known as Accretive Health Inc., Chicago-based R1 RCM brought in revenues …
Enhanced oil recovery giant Denbury Resources files for bankruptcy
Another major oil company has buckled under the weight of its debt during the COVID-19 pandemic and fallen into bankruptcy as depressed fuel demand continue to pummel the nation’s energy giants. …

Biden’s Executive Order Links Data Collection to Competition
Source: site President Joe Biden‘s push for Federal Trade Commission rules protecting consumer data privacy highlights ties between tech companies’ power and the personal information they collect. Biden urged the FTC …
Florida Makes Significant Changes To State Telemarketing Laws
Source: site Florida law now provides a private right of action for violations of various telemarketing rules, allows the use of certain automated telemarketing methods with prior express written consent, and …
3rd Circuit Ruling On Bar Codes Has Implications For Debt Collectors
Source: site A recent decision in the 3rd Circuit should prompt debt collectors to review their inclusion of viewable bar codes, QR codes or other technologies when sending debt collection letters. …

‘Undue Hardship’ Is Too Strict A Standard To Discharge Student Loans In Bankruptcy, ABA Argues
Source: site The House of Delegates passed a resolution at the ABA Hybrid Annual Meeting on Tuesday urging Congress to amend the U.S. Bankruptcy Code to allow borrowers to discharge student …
Individual Bankruptcy Filings Fall During Pandemic
Source: site The number of people seeking bankruptcy fell sharply during the pandemic as government aid propped up income and staved off housing and student-loan obligations. Bankruptcy filings by consumers under …
New York’s Historic Down Town Association Files for Bankruptcy
Source: site (Bloomberg) — The Down Town Association, the oldest social club in lower Manhattan and a former haven for New York and national power brokers, has filed for bankruptcy. The …

Student Loan Debtors Seek High Court Standard In Debt Discharge
Source: site Consumer advocates are calling on the U.S. Supreme Court to provide a uniform, nationwide standard for what debtors must prove to eliminate student loan debt in bankruptcy. Wiping out …
CFPB Releases 2020 Fair Lending Report
Source: site The CFPB recently released its 2020 Fair Lending Report. The report highlights the CFPB’s work in 2020 around fair lending during the COVID-19 pandemic and its resulting economic consequences. …
3rd Circuit Rules Collection Letter’s Itemization Of Zero Balance For Interest And Other Fees Not Confusing Or Misleading
Source: site On April 12, the U.S. Court of Appeals for the Third Circuit affirmed dismissal of an FDCPA action, concluding that itemized breakdowns in collection letters that include zero balances for interest …
5th Cir. Holds FDCPA Plaintiff Not Entitled To Attorney’s Fees Following Settlement
Source: site The U.S. Court of Appeals for the Fifth Circuit recently affirmed a trial court’s denial of an award of attorney’s fees to a debtor who settled his claims against …

No More Conferences/ For Now or Forever
We hope everyone is well and safe during these troubled times of change. The United States is the strongest country and have the most resilient people on earth, which is …
Who Is Seize Assets?
By: Robert Pinchuck SeizeAssets.com investigates debtors and companies and produces actionable data which is extremely desirable for many different groups of clientele looking to find assets. For example, debt buyers …
Damages That Debtors Have Been Awarded When Suing Collectors. FYI – Be Careful
By: Robert Pinchuck There are thousands of demands made on creditors, collection agencies, debt buyers, and other attorneys every month by FDCPA litigant attorneys. The business is showing no signs …
Ways to Locate Hidden Assets
It’s no easy task, but you have to be creative to locate assets – especially when dealing with debtors who are actively finding ways to hide them. For example, buying …

National Service Bureau Earns Certificate of Accreditation and Compliance
Tuesday, October 21, 2021-Chicago-Commercial Collection Agencies of America is proud to announce that National Service Bureau-Commercial Division has recently earned the industryrespected Certificate of Accreditation and Compliance. National Service Bureau, …
SIMM Associates Inc. Celebrates 30 Years of Growth, Partners with Provana to Digitize Compliance Management
ARM firm automates compliance management and agent productivity with Provana platform and analytics Newark, DE – Jul 28, 2021 – SIMM Associates, Inc. (“SIMM”), a full-service ARM and BPO Customer …
Albright Named to Independent Standards Board
Wednesday, April 7, 2021-Chicago- Commercial Collection Agencies of America is proud to announce the appointment of Mr. Kurt Albright to the Independent Standards Board effective immediately. Albright was recently approved …
PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform
PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform St. Petersburg, Fla. — (June 4, 2020) — PSCU, the nation’s premier payments credit union service organization (CUSO), announced …