Debt Collection News

Debt collection refers to the work done to recover balances from credit accounts that are past due. Most commonly, debt collection specifically references third party debt collectors whose clients include banks, credit card issuers and other credit grantors, debt buyers, governments, and any organization that extends credit or owns an account where a balance is due. Collection methods traditionally include phone calls from call center agents, e-mails, and letters, and increasingly, SMS text. If an account remains in arrears after these efforts, the collection agency may contract with a collection attorney to file suit to recover the debt, if the collection agency is not positioned to do so.

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Connecticut and Minnesota Approve Work From Home; MN Requires Debt Buyers to be Licensed

8 July 2021

Thinking Differently: The 4 Most Common Mistakes Plaguing Data Science and AI for Debt Collection

30 June 2021

Nevada Federal Court Won't Weigh in on Medical Collection Law Until Late July

30 June 2021

Multiple Parties File Lawsuit to Stop Nevada Medical Collections Law From Going Into Effect

29 June 2021

Per SCOTUS: “No Concrete Harm, No Standing”

28 June 2021

Debt Collector in Hunstein Tells 11th Circuit that New SCOTUS Opinion Supports Request for Rehearing

28 June 2021

Frustrated with “Cookie-Cutter” Complaints and Sloppy Pleadings Court Requires Consumer Attorneys to Pay Sanctions to ERC, other Defendants

24 June 2021

California DFPI Issues Notice of Modifications to Proposed Debt Collection Licensing Act; Allows 17 days to comment

24 June 2021

What Your FCRA Compliance Manual Should Include

21 June 2021

Credit Eco To Go: 2021 Financial Services Priorities: Fairness and Equality

17 June 2021

How Accounts Receivable Management Companies Can Improve Payment Acceptance and Reduce Payment Processing Costs (sponsored)

17 June 2021

HUGE TCPA WIN!: Court Finds Aspect predictive Dialer Not an ATDS– Explains Away Footnote 7

16 June 2021

Second Circuit Rules Debt Collector did not Violate FDCPA by Sending Settlement Offer Without Disclosing Interest Would Continue to Accrue if Consumer did not Meet Payment Deadline

15 June 2021