Michigan Federal Court Finds Conflicting Records Concerning Request to Remove Disputed Debt Status Creates Issue of Fact in FDCPA Case

In a recent decision, a Michigan district court found that because there was a genuine issue of fact as to whether the defendant debt collector notified the consumer reporting agency (CRA) to remove a disputed debt notification from the plaintiff’s tradeline, the case could proceed to trial.

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RMAI 2023 Annual Conference Donates to The Shade Tree, Las Vegas Charity Empowering Women and Children

SACRAMENTO, Calif. -- The Receivables Management Association International celebrated its 26th Annual Conference in Las Vegas, February 6-9, 2023. Wanting to give back to the Las Vegas community while presenting the Annual Conference there, RMAI organized a charity fundraiser to support The Shade Tree, a Las Vegas charity that provides shelter and services to women in need, as well as their children and pets.  The program also empowers women with new life skills classes, including financial literacy, and other resources.  Attendees of the RMAI Annual Conference donated money to provide 500 piggy banks, filled with $20 each, plus 500 financial literacy game cards to the children staying with The Shade Tree.

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FTC Issues Annual ECOA Report to CFPB

The FTC recently sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (ECOA) and Regulation B.  The new letter reports on the FTC’s activities in 2022.  The Bureau includes the FTC’s annual letter in its own annual report to Congress on the ECOA.

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Marc Savage Joins Harvest Strategy Group Board of Directors

DENVER, Colo. -- Harvest Strategy Group, Inc. (Harvest) announces the addition of Marc Savage to its Board of Directors.

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The Two New Yorks and Their Proposed Debt Collection Rules

The New York Department of Financial Services and the New York City Department of Consumer and Worker Protection are simultaneously engaged in amending their consumer debt collection rules. While the DFS rulemaking has been underway for nearly two years, the DCWP began its efforts last fall.

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CRC to NY DFS: Proposed Rules Harm Consumers; Conflict with Existing Law

The New York Department of Financial Services (NY DFS) has continued its years-long process to update its debt collection regulations. According to the Consumer Relations Consortium (CRC), however, the current version of the proposal conflicts with existing law, oversimplifies the statute of limitations, and harms consumers by depriving them of their preferred communication channel and prohibiting the use of the charge-off date on certain types of accounts.

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Customizable or Configurable? Find the Right Collections Solution for Your Business

23 March 2023 at 02:00 p.m.

A totally custom collections & recovery platform sounds great. But does your organization really need a truly custom solution, or a configurable one? 

This webinar will discuss the differences between customizable and configurable, and how to find the right balance between the two.

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