Debt Collector Accuses Lexington Law of Destroying Evidence in Lawsuit on Credit Dispute Letters

insideARM has been following the lawsuit filed by Ad Astra Recovery Services, Inc. against Lexington Law alleging the firm is engaged in “in a fraudulent credit-repair scheme designed to bombard debt collectors with false credit dispute letters with the intention of deceiving debt collectors…and frustrating their efforts to collect legitimate debts.” There have been some developments related to discovery in this case that are worth noting.

Read the Whole Story »

News and Opinion

from insideARM.com

» Debt Collector Accuses Lexington Law of Destroying Evidence in Lawsuit on Credit Dispute Letters

» CFPB, ED Sued for Failure to Oversee Student Loan Servicers

» Kaulkin Ginsberg and Commercial Collection Agencies of America Released its Member Benchmark Operating Metrics Survey Report

» CFPB Regulatory Agenda Marks Final Debt Collection Rule for 2020...And the Clock is Ticking to Avoid CRA Nullification

» Ringless Voicemail Defendant Keeps Up the Pressure With Motion to Strike Plaintiff’s Expert Report

» Legitimate Debt Collector or Scam? CFPB Releases Video to Educate Consumers on Spotting the Differences

» Commercial Collection Agencies of America's Annual Meeting 2019

CFPB, ED Sued for Failure to Oversee Student Loan Servicers

As the student loan crisis progresses, fingers are pointed in all directions to determine who should be doing more to solve the problem. Programs meant to aid borrowers seem to fail spectacularly, such as the public service loan forgiveness program (PSLF), under which only 1,216 out of 102,051 applications for loan forgiveness have been granted—roughly 1.2%. As borrowers look to regulators for help, the Consumer Financial Protection Bureau (CFPB) and the Department of Education (ED) have had a hard time determining which one is in charge. 

Read the Whole Story »

insideARM Jobs

» Business Development Director, Healthcare Collections – CBE Companies – Remote, NA

» Collections Front Line Manager – GreenSky – Crestview Hills, KY

» Remote Commercial Collectors with 3rd party experience needed Unlimited Income Potential! – Caine & Weiner – West; Southwest; Midwest; Southeast; Northeast

All Jobs

Women in Consumer & Commercial Finance Conference 2019

11 December 2019 at 06:00 p.m.

Sharpen your leadership skills, expand your professional network and help improve your workplace culture when you attend Women in Consumer & Commercial Finance – a conference and networking event for ALL women in consumer & commercial finance.

Event Details »

Free Reports and Webinars

from insideARM.com

» Interstate Collections & Licensing

» Compassionate Phone Skill Set

» Data Security Requirements for the ARM Industry

View all Free Reports and Webinars