Home - Collection Industry News

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 …
The Best Methods of Judgment Satisfaction
Won your lawsuit? Received a judgment? What’s next? 1. Strategy Debtors have the right to appeal. Check with your state on how long a defendant has until he must file …

FTC, NY AG Settle With Debt Collector For Deceptive, Abusive Practices
The FTC and New York Attorney General recently settled a case alleging deceptive and unlawful debt collection practices in violation of the FTC Act, FDCPA, and New York state law. …
With the CFPB’s future Uncertain, New York And Other States Want To Step In
This week, the Supreme Court heard arguments in a case involving the Consumer Financial Protection Bureau. The case is about the president’s ability to fire the head of the bureau, …
The Supreme Court Will Decide If Trump Can Fire The Head Of The CFPB. The Implications Are Enormous.
Next Tuesday, the Supreme Court will hear Seila Law v. CFPB, which asks whether the president is allowed to fire the head of the Consumer Financial Protection Bureau (CFPB) at …
Seventh Circuit Declines to Adopt FDCPA “Benign Language” Exception
The Seventh Circuit’s ruling in Preston v. Midland Credit Mgmt. departs from other circuits that have considered whether there is a “benign language” exception under the Fair Debt Collection Practices …

Big News: FDCPA Certifications has relaunched with a new website and a new training platform!
March 16th, 2020: For the past 8 years FDCPA Certifications has delivered a comprehensive 3rd party FDCPA online compliance course for companies whose employees interact with past due consumers by …
Debt Collection Scam: Caller Claims You Have An Old Unpaid Debt That Is About To Go To Court.
If you get a call that threatens you must pay up when it comes to a bad debt, don’t take action right away as it could be a scam. Debt …
Attorney General Shuts Down Illegal Debt Collection Scheme
BUFFALO, NY (WKBW) — New York Attorney General Letitia James announced a settlement today, banning Buffalo-based debt collector Robert Heidenreich, also known as Bobby Rich, from the debt collection industry. …
Attorney Or Debt Collector? Suit Raises Questions About Lawyers And Demand Letters
When a lawyer sends a demand letter for a client, does that make her a debt collector? That’s the question in a lawsuit by a Dallas-area attorney who became embroiled …

Debt Collectors, Consumers Receive Clarity On Time-Barred Debt
Proposing a specific limit on debt collectors but also providing a safe harbor for compliance, the Consumer Financial Protection Bureau (CFPB) has issued proposed regulations that would allow debt collectors …
New York A.G. Shuts Down Debt Collection Scheme
New York Attorney General Letitia James recently announced a settlement banning Buffalo-based debt collector Robert Heidenreich, also known as “Bobby Rich,” from the debt collection industry for misleading consumers on …
Operator Of Fraudulent Debt Collection Scheme Penalized
The Federal Trade Commission has banned a Buffalo debt collector, who operated a fraudulent scheme, from the debt collection business and from misleading consumers about any financial products. FTC took …

Robo-Debt Still Using ATO Data-Matching For
Services Australia is currently undertaking an analysis of all income compliance reviews to identify where income averaging was used to determine a debt. In 2016, the Department of Human Services …
International Payment Processing
The ecosystem of international payment processing can be quite complex. Accepting payments across the globe means considering cross-border fees, foreign exchange fees, currency conversions, local regulations and selecting the correct …
IMF To Replace Lipton As First Deputy Managing Director
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Friday made her first major personnel move since taking over the institution last October, announcing that her top deputy, …
European Supervisory Authorities Publish Guidelines on AML/CTF Cooperation
The European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority (collectively known as the European Supervisory Authorities) have published joint guidelines aimed at enhancing …

Modell’s Sporting Goods Will Close All Stores
Sporting-goods retailer Modell’s is closing all stores and filing for bankruptcy, Bloomberg reported Wednesday. The retail chain, which prides itself on being one of the oldest family-owned US sporting goods …
Ex-Uber Self-Driving Head Declares Bankruptcy After $179 Million Loss To Google
SAN FRANCISCO (Reuters) – The former head of Uber Technologies Inc’s self-driving technology unit, Anthony Levandowski, filed for bankruptcy protection on Wednesday, shortly after a court confirmed that he must …
Buffalo Roman Catholic Diocese Seeks Bankruptcy Protection
Bishop Edward Scharfenberger addresses the media, Friday, Feb. 28, 2018, in Buffalo N.Y., The Roman Catholic Diocese of Buffalo filed for bankruptcy protection Friday, taking another major step in its …

Regulatory Ping-Pong And Borrower Defense
Earlier this week, ten Republican Senators joined Democrats to pass a measure that would overturn Education Secretary Betsy DeVos’ rewrite of the borrower defense to repayment rule, which governs how …
States Urge Betsy DeVos To Forgive Loans
Student loan representatives from seven states and Washington, D.C., sent a letter Tuesday to Secretary of Education Betsy DeVos and Social Security Commissioner Andrew Saul asking them to erase the …
Report: Ohio’s Student-Debt Law Is ‘Punitive’
An Ohio law requiring colleges to turn over student debt to the state attorney general’s office for collection is disproportionally harming low-income students of color, according to a new report …
Wiping out the nation’s student-loan debt could have unintended financial consequences for borrowers
There could be side effects to Elizabeth Warren’s and Bernie Sanders’s student loan cancellation proposals, including higher tax bills for some borrowers — but the candidates say they’ll address those …

Big News: FDCPA Certifications has relaunched with a new website and a new training platform!
March 16th, 2020: For the past 8 years FDCPA Certifications has delivered a comprehensive 3rd party FDCPA online compliance course for companies whose employees interact with past due consumers by …
BeeSeen Solutions Announces Partnership with AACANet
New York, December 9, 2019 – BeeSeen Solutions, a Premier Provider in developing highly effective Digital Transformation and Digital Marketing Solutions located in Long Island, New York announced today its …
BeeSeen Solutions announces its strategic partnership with Cornerstone
BeeSeen Solutions, a premier provider in developing highly effective digital marketing strategies located in Long Island, New York announced today a strategic partnership with Cornerstone Support, Inc., a leading Compliance …
Knowing the Difference Between ID Verification and ID Authentication
Identity verification is often confused with identity authentication. Unfortunately, the two offer extremely different levels of scrutiny. Simply verifying the identity of people is no longer adequate in many situations.

FTC, NY AG Settle With Debt Collector For Deceptive, Abusive Practices
The FTC and New York Attorney General recently settled a case alleging deceptive and unlawful debt collection practices in violation of the FTC Act, FDCPA, and New York state law. …
With the CFPB’s future Uncertain, New York And Other States Want To Step In
This week, the Supreme Court heard arguments in a case involving the Consumer Financial Protection Bureau. The case is about the president’s ability to fire the head of the bureau, …
The Supreme Court Will Decide If Trump Can Fire The Head Of The CFPB. The Implications Are Enormous.
Next Tuesday, the Supreme Court will hear Seila Law v. CFPB, which asks whether the president is allowed to fire the head of the Consumer Financial Protection Bureau (CFPB) at …
Seventh Circuit Declines to Adopt FDCPA “Benign Language” Exception
The Seventh Circuit’s ruling in Preston v. Midland Credit Mgmt. departs from other circuits that have considered whether there is a “benign language” exception under the Fair Debt Collection Practices …

Big News: FDCPA Certifications has relaunched with a new website and a new training platform!
March 16th, 2020: For the past 8 years FDCPA Certifications has delivered a comprehensive 3rd party FDCPA online compliance course for companies whose employees interact with past due consumers by …
Debt Collection Scam: Caller Claims You Have An Old Unpaid Debt That Is About To Go To Court.
If you get a call that threatens you must pay up when it comes to a bad debt, don’t take action right away as it could be a scam. Debt …
Attorney General Shuts Down Illegal Debt Collection Scheme
BUFFALO, NY (WKBW) — New York Attorney General Letitia James announced a settlement today, banning Buffalo-based debt collector Robert Heidenreich, also known as Bobby Rich, from the debt collection industry. …
Attorney Or Debt Collector? Suit Raises Questions About Lawyers And Demand Letters
When a lawyer sends a demand letter for a client, does that make her a debt collector? That’s the question in a lawsuit by a Dallas-area attorney who became embroiled …

Debt Collectors, Consumers Receive Clarity On Time-Barred Debt
Proposing a specific limit on debt collectors but also providing a safe harbor for compliance, the Consumer Financial Protection Bureau (CFPB) has issued proposed regulations that would allow debt collectors …
New York A.G. Shuts Down Debt Collection Scheme
New York Attorney General Letitia James recently announced a settlement banning Buffalo-based debt collector Robert Heidenreich, also known as “Bobby Rich,” from the debt collection industry for misleading consumers on …
Operator Of Fraudulent Debt Collection Scheme Penalized
The Federal Trade Commission has banned a Buffalo debt collector, who operated a fraudulent scheme, from the debt collection business and from misleading consumers about any financial products. FTC took …

Robo-Debt Still Using ATO Data-Matching For
Services Australia is currently undertaking an analysis of all income compliance reviews to identify where income averaging was used to determine a debt. In 2016, the Department of Human Services …
International Payment Processing
The ecosystem of international payment processing can be quite complex. Accepting payments across the globe means considering cross-border fees, foreign exchange fees, currency conversions, local regulations and selecting the correct …
IMF To Replace Lipton As First Deputy Managing Director
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Friday made her first major personnel move since taking over the institution last October, announcing that her top deputy, …
European Supervisory Authorities Publish Guidelines on AML/CTF Cooperation
The European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority (collectively known as the European Supervisory Authorities) have published joint guidelines aimed at enhancing …

Modell’s Sporting Goods Will Close All Stores
Sporting-goods retailer Modell’s is closing all stores and filing for bankruptcy, Bloomberg reported Wednesday. The retail chain, which prides itself on being one of the oldest family-owned US sporting goods …
Ex-Uber Self-Driving Head Declares Bankruptcy After $179 Million Loss To Google
SAN FRANCISCO (Reuters) – The former head of Uber Technologies Inc’s self-driving technology unit, Anthony Levandowski, filed for bankruptcy protection on Wednesday, shortly after a court confirmed that he must …
Buffalo Roman Catholic Diocese Seeks Bankruptcy Protection
Bishop Edward Scharfenberger addresses the media, Friday, Feb. 28, 2018, in Buffalo N.Y., The Roman Catholic Diocese of Buffalo filed for bankruptcy protection Friday, taking another major step in its …

Regulatory Ping-Pong And Borrower Defense
Earlier this week, ten Republican Senators joined Democrats to pass a measure that would overturn Education Secretary Betsy DeVos’ rewrite of the borrower defense to repayment rule, which governs how …
States Urge Betsy DeVos To Forgive Loans
Student loan representatives from seven states and Washington, D.C., sent a letter Tuesday to Secretary of Education Betsy DeVos and Social Security Commissioner Andrew Saul asking them to erase the …
Report: Ohio’s Student-Debt Law Is ‘Punitive’
An Ohio law requiring colleges to turn over student debt to the state attorney general’s office for collection is disproportionally harming low-income students of color, according to a new report …
Wiping out the nation’s student-loan debt could have unintended financial consequences for borrowers
There could be side effects to Elizabeth Warren’s and Bernie Sanders’s student loan cancellation proposals, including higher tax bills for some borrowers — but the candidates say they’ll address those …

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 …
The Best Methods of Judgment Satisfaction
Won your lawsuit? Received a judgment? What’s next? 1. Strategy Debtors have the right to appeal. Check with your state on how long a defendant has until he must file …

Big News: FDCPA Certifications has relaunched with a new website and a new training platform!
March 16th, 2020: For the past 8 years FDCPA Certifications has delivered a comprehensive 3rd party FDCPA online compliance course for companies whose employees interact with past due consumers by …
BeeSeen Solutions Announces Partnership with AACANet
New York, December 9, 2019 – BeeSeen Solutions, a Premier Provider in developing highly effective Digital Transformation and Digital Marketing Solutions located in Long Island, New York announced today its …
BeeSeen Solutions announces its strategic partnership with Cornerstone
BeeSeen Solutions, a premier provider in developing highly effective digital marketing strategies located in Long Island, New York announced today a strategic partnership with Cornerstone Support, Inc., a leading Compliance …
Knowing the Difference Between ID Verification and ID Authentication
Identity verification is often confused with identity authentication. Unfortunately, the two offer extremely different levels of scrutiny. Simply verifying the identity of people is no longer adequate in many situations.