Name: Collection Industry News
Address: 5255 N Federal Highway, 2nd Floor, Boca Raton, FL, 33487
Telephone: 561-995-9662

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 …

Learn More

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 …

CFPB enters complicated consent order with auto-finance payment firm
WASHINGTON, D.C. – A firm that was supposed to pull funds from contract holders’ bank accounts and deliver the money to auto-finance companies entered into a consent order with the Consumer …
CFPB releases final rule to implement FDCPA
WASHINGTON, D.C. – The Consumer Financial Protection Bureau offered collections and compliance professionals some light reading just before the weekend. It’s mere a 653-page document to update a regulation first passed four …
A Review of Supreme Court Justice Amy Coney Barrett’s Prior FDCPA Court Decisions
Yesterday, the U.S. Senate confirmed Amy Coney Barrett as a Supreme Court Justice to fill the seat left vacant by the passing of Justice Ruth Bader Ginsburg. With Justice Barrett …

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. …

Washington Collection Agency Licensing Board Sets Nov. 3. Special Meeting on Remote Work Rule
The Washington State Collection Agency Licensing Board (CAB) will hold a special meeting on Nov. 3 to review language in its permanent rule on remote work for licensed collection agencies. The permanent rule language, …
District Court Finds Plaintiff Lacks Standing to Bring FDCPA Suit After He Testified That He had Not Read the Collection Letter at Issue
In Truckenbrodt v. CBE Grp., Inc., No. 2:19-cv-2870 (ERK) (SMG), (E.D.N.Y. Oct. 21, 2020) the court dismissed a suit brought under the Fair Debt Collections Practices Act (“FDCPA”) after the plaintiff conceded …
District Court Holds Letter Notifying Debtor of Change in Debt Ownership Can Fall Under FDCPA
On October 5, 2020, the U.S. District Court for the Middle District of Florida denied a debt collector’s motion for summary judgment, holding that a letter which provides notice of a change …

The number of US bankruptcies passes the 500-mark as coronavirus takes toll
Corporate bankruptcies in the U.S. continue to grow amid the coronavirus pandemic as 22 new companies added their names to a growing list of bankruptcies in 2020 in the last …
JUST IN TIME: NEW BANKRUPTCY RELIEF FOR SMALL BUSINESSES – NEW YORK LAW JOURNAL
Just in Time: New Bankruptcy Relief for Small Businesses A unique opportunity for Chapter 11 restructuring of small businesses with up to $7.5 million of third-party debt is set to …
Debt Collection In The Face Of A Covid-19-Fueled Recession
The Covid-19 pandemic has brought widespread uncertainty, confusion and hardship for many industries. Shelter-in-place orders and fear of contracting the virus have shifted both corporate and consumer behaviors, and business …

SEC Adopts Broad Exempt Offering Reforms
On November 2, the SEC adopted a series of amendments that will significantly change existing rules governing (1) the integration of offerings, (2) offering/investment limits, (3) communication limitations and (4) eligibility for …
CFPB Issues Final Rule Clarifying Regulation of Fair Debt Collection Practices
On October 30, 2020, the Consumer Financial Protection Bureau (“CFPB”) published a long-awaited final rule revising Regulation F, which implements the Fair Debt Collection Practices Act (“FDCPA”) of 1977. Prior …
New York Attorney General Renews Suspension of State Debt Collections
New York Attorney General Letitia James has extended the suspension of debt collection for medical and student debt owed to the state of New York through the end of the …
Consumer Data Rulemaking Underway at CFPB: Here Are Four Things Your Company Should Know
The Consumer Financial Protection Bureau released its Advance Notice of Proposed Rulemaking (ANPR) on Oct. 22, seeking comment on 46 questions in nine categories surrounding consumer access to financial information under section …

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 …
CCA of A Gives Back
The charitable initiative of Commercial Collection Agencies of America announces donations to food pantries across the United States! The coronavirus pandemic has caused a 40% increase in demand for food …
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 …

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 …

Learn More

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 …

CFPB enters complicated consent order with auto-finance payment firm
WASHINGTON, D.C. – A firm that was supposed to pull funds from contract holders’ bank accounts and deliver the money to auto-finance companies entered into a consent order with the Consumer …
CFPB releases final rule to implement FDCPA
WASHINGTON, D.C. – The Consumer Financial Protection Bureau offered collections and compliance professionals some light reading just before the weekend. It’s mere a 653-page document to update a regulation first passed four …
A Review of Supreme Court Justice Amy Coney Barrett’s Prior FDCPA Court Decisions
Yesterday, the U.S. Senate confirmed Amy Coney Barrett as a Supreme Court Justice to fill the seat left vacant by the passing of Justice Ruth Bader Ginsburg. With Justice Barrett …

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. …

Washington Collection Agency Licensing Board Sets Nov. 3. Special Meeting on Remote Work Rule
The Washington State Collection Agency Licensing Board (CAB) will hold a special meeting on Nov. 3 to review language in its permanent rule on remote work for licensed collection agencies. The permanent rule language, …
District Court Finds Plaintiff Lacks Standing to Bring FDCPA Suit After He Testified That He had Not Read the Collection Letter at Issue
In Truckenbrodt v. CBE Grp., Inc., No. 2:19-cv-2870 (ERK) (SMG), (E.D.N.Y. Oct. 21, 2020) the court dismissed a suit brought under the Fair Debt Collections Practices Act (“FDCPA”) after the plaintiff conceded …
District Court Holds Letter Notifying Debtor of Change in Debt Ownership Can Fall Under FDCPA
On October 5, 2020, the U.S. District Court for the Middle District of Florida denied a debt collector’s motion for summary judgment, holding that a letter which provides notice of a change …

The number of US bankruptcies passes the 500-mark as coronavirus takes toll
Corporate bankruptcies in the U.S. continue to grow amid the coronavirus pandemic as 22 new companies added their names to a growing list of bankruptcies in 2020 in the last …
JUST IN TIME: NEW BANKRUPTCY RELIEF FOR SMALL BUSINESSES – NEW YORK LAW JOURNAL
Just in Time: New Bankruptcy Relief for Small Businesses A unique opportunity for Chapter 11 restructuring of small businesses with up to $7.5 million of third-party debt is set to …
Debt Collection In The Face Of A Covid-19-Fueled Recession
The Covid-19 pandemic has brought widespread uncertainty, confusion and hardship for many industries. Shelter-in-place orders and fear of contracting the virus have shifted both corporate and consumer behaviors, and business …

SEC Adopts Broad Exempt Offering Reforms
On November 2, the SEC adopted a series of amendments that will significantly change existing rules governing (1) the integration of offerings, (2) offering/investment limits, (3) communication limitations and (4) eligibility for …
CFPB Issues Final Rule Clarifying Regulation of Fair Debt Collection Practices
On October 30, 2020, the Consumer Financial Protection Bureau (“CFPB”) published a long-awaited final rule revising Regulation F, which implements the Fair Debt Collection Practices Act (“FDCPA”) of 1977. Prior …
New York Attorney General Renews Suspension of State Debt Collections
New York Attorney General Letitia James has extended the suspension of debt collection for medical and student debt owed to the state of New York through the end of the …
Consumer Data Rulemaking Underway at CFPB: Here Are Four Things Your Company Should Know
The Consumer Financial Protection Bureau released its Advance Notice of Proposed Rulemaking (ANPR) on Oct. 22, seeking comment on 46 questions in nine categories surrounding consumer access to financial information under section …

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 …

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 …
CCA of A Gives Back
The charitable initiative of Commercial Collection Agencies of America announces donations to food pantries across the United States! The coronavirus pandemic has caused a 40% increase in demand for food …
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 …