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 …

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 …
Buffaloed: Have You Seen This Debt Collection Comedy?
Buffaloed is one half of a pretty funny movie. The picture crackles along on the trademark energy of its star, Zoey Deutch (also irresistible in the recent Zombieland: Double Tap), …
Square Hit With Text Spam Class Action Over Messages From Loyalty Programs
The plaintiffs claim that the mobile payment company violates the Telephone Consumer Protection Act by sending unauthorized text messages to consumers via its SquareUp loyalty program. Square Inc. now faces …
New York Comptroller May Have Funds to Satisfy Your Debt Collection Case
Looking for assets to satisfy your New York debt collection claim? According to this week’s New York Post, New York’s comptroller may have money that can satisfy your debt collection …

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 …
Medical debt limits bill introduced in House
Sponsored by House Assistant Majority Leader Jason Monks, R-Nampa, it would require medical providers to provide patients with a statement listing all services provided and the providers who rendered them, …
Chamber Coalition Presses FCC To Act On ATDS Definition
Led by the US Chamber of Commerce (Chamber), a coalition of seventeen groups representing financial institutions, healthcare managers, insurance companies and retail and restaurant businesses (Coalition) has pressed the Federal …
Three out of Five Collection Systems are Outmoded
Most traditional collection software platforms in use today are based on old underlying technology and outdated designs. They were never built to support the latest needs of today’s collection organizations. …

Medical debt bill heads to House floor
After almost five hours of often passionate, occasionally angry testimony both from people in the medical and debt collection industries and from people from eastern Idaho with personal stories about …
The Supreme Court And The Future Of The TCPA
In a decision that may have significant impact on businesses that face Telephone Consumer Protect Act (“TCPA”) related class action litigation, the Supreme Court recently accepted certiorari of a petition …
Prove It!: Court Dismisses Plaintiff’s TCPA DNC Claim Because She Fails to prove She Used Cell Phone for Residential Purposes
The Telephone Consumer Protection Act (TCPA) is such a delightful little statute. Everywhere you look there’s a new issue to discover. Consider this: it is illegal to call a cell …

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 …
New IMF Chief Urges Debt Wisdom In Maiden Africa Visit
Diamniadio (Senegal) (AFP) – New International Monetary Fund chief Kristalina Georgieva on Monday highlighted Africa as a lure for investment as she kicked off her maiden visit to the continent, …

Judge Rejects $4 Million TCPA Settlement
This week, a Pennsylvania federal judge refused to approve a proposed $4 million settlement for violations of the Telephone Consumer Protection Act (TCPA) because it would provide the 67,000 class …
New York Proposes Licensing Consumer Debt Collectors
A&B ABstract: On January 21, 2020, New York Governor Andrew Cuomo proposed a measure to license consumer debt collectors as part of his budget bill. If enacted, the measure would …
Prove It!: Court Dismisses Plaintiff’s TCPA DNC Claim Because She Fails to prove She Used Cell Phone for Residential Purposes
The Telephone Consumer Protection Act (TCPA) is such a delightful little statute. Everywhere you look there’s a new issue to discover. Consider this: it is illegal to call a cell …

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 …
32 Billion Louisiana Budget for 2021
Release of the budget proposal kicks off months of financial negotiations with the majority-Republican Legislature. Lawmakers likely won’t finish crafting next year’s spending plan until near the end of the …
Navient Fails to Dismiss Shareholder Suit Over ‘Forbearance Scheme’ Statements
A federal judge in Camden, New Jersey, has denied a motion by student loan servicer Navient Corp. to dismiss a shareholder suit.
CFPB Files Lawsuit Against Companies And Individuals Involved In Offering Student Debt Relief Services
The CFPB filed a complaint last week in a California federal district court against several companies and individuals involved in offering student loan debt relief services for allegedly obtaining consumer …

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.
IACC is Celebrating 50th Years of Service to the Commercial Collection Industry
(MINNEAPOLIS – December 11, 2019) International Association of Commercial Collectors Inc. (IACC) IACC is celebrating 50th years of service to the commercial collection industry. To celebrate this momentous milestone, the …

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 …
Buffaloed: Have You Seen This Debt Collection Comedy?
Buffaloed is one half of a pretty funny movie. The picture crackles along on the trademark energy of its star, Zoey Deutch (also irresistible in the recent Zombieland: Double Tap), …
Square Hit With Text Spam Class Action Over Messages From Loyalty Programs
The plaintiffs claim that the mobile payment company violates the Telephone Consumer Protection Act by sending unauthorized text messages to consumers via its SquareUp loyalty program. Square Inc. now faces …
New York Comptroller May Have Funds to Satisfy Your Debt Collection Case
Looking for assets to satisfy your New York debt collection claim? According to this week’s New York Post, New York’s comptroller may have money that can satisfy your debt collection …

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 …
Medical debt limits bill introduced in House
Sponsored by House Assistant Majority Leader Jason Monks, R-Nampa, it would require medical providers to provide patients with a statement listing all services provided and the providers who rendered them, …
Chamber Coalition Presses FCC To Act On ATDS Definition
Led by the US Chamber of Commerce (Chamber), a coalition of seventeen groups representing financial institutions, healthcare managers, insurance companies and retail and restaurant businesses (Coalition) has pressed the Federal …
Three out of Five Collection Systems are Outmoded
Most traditional collection software platforms in use today are based on old underlying technology and outdated designs. They were never built to support the latest needs of today’s collection organizations. …

Medical debt bill heads to House floor
After almost five hours of often passionate, occasionally angry testimony both from people in the medical and debt collection industries and from people from eastern Idaho with personal stories about …
The Supreme Court And The Future Of The TCPA
In a decision that may have significant impact on businesses that face Telephone Consumer Protect Act (“TCPA”) related class action litigation, the Supreme Court recently accepted certiorari of a petition …
Prove It!: Court Dismisses Plaintiff’s TCPA DNC Claim Because She Fails to prove She Used Cell Phone for Residential Purposes
The Telephone Consumer Protection Act (TCPA) is such a delightful little statute. Everywhere you look there’s a new issue to discover. Consider this: it is illegal to call a cell …

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 …
New IMF Chief Urges Debt Wisdom In Maiden Africa Visit
Diamniadio (Senegal) (AFP) – New International Monetary Fund chief Kristalina Georgieva on Monday highlighted Africa as a lure for investment as she kicked off her maiden visit to the continent, …

Judge Rejects $4 Million TCPA Settlement
This week, a Pennsylvania federal judge refused to approve a proposed $4 million settlement for violations of the Telephone Consumer Protection Act (TCPA) because it would provide the 67,000 class …
New York Proposes Licensing Consumer Debt Collectors
A&B ABstract: On January 21, 2020, New York Governor Andrew Cuomo proposed a measure to license consumer debt collectors as part of his budget bill. If enacted, the measure would …
Prove It!: Court Dismisses Plaintiff’s TCPA DNC Claim Because She Fails to prove She Used Cell Phone for Residential Purposes
The Telephone Consumer Protection Act (TCPA) is such a delightful little statute. Everywhere you look there’s a new issue to discover. Consider this: it is illegal to call a cell …

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 …
32 Billion Louisiana Budget for 2021
Release of the budget proposal kicks off months of financial negotiations with the majority-Republican Legislature. Lawmakers likely won’t finish crafting next year’s spending plan until near the end of the …
Navient Fails to Dismiss Shareholder Suit Over ‘Forbearance Scheme’ Statements
A federal judge in Camden, New Jersey, has denied a motion by student loan servicer Navient Corp. to dismiss a shareholder suit.
CFPB Files Lawsuit Against Companies And Individuals Involved In Offering Student Debt Relief Services
The CFPB filed a complaint last week in a California federal district court against several companies and individuals involved in offering student loan debt relief services for allegedly obtaining consumer …

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 …

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.
IACC is Celebrating 50th Years of Service to the Commercial Collection Industry
(MINNEAPOLIS – December 11, 2019) International Association of Commercial Collectors Inc. (IACC) IACC is celebrating 50th years of service to the commercial collection industry. To celebrate this momentous milestone, the …