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Ed. Dept. Releases Student Loan Repayment Data
The Department of Education has released data regarding repayment trends following the end of the student loan payment moratorium with the intention of noting how many borrowers are making their loan payments on time and how the average payment among those making payments has "nearly" returned to its pre-pandemic level. But only 42% of borrowers with federal student loans were…
CFPB Letters Demonstrate Support for State Medical Debt Credit Reporting Efforts
The Consumer Financial Protection Bureau has made no secret of the fact that it wants states to be more proactive when it comes to regulating the financial services industry, and now there are a couple of pieces of evidence to show just how supportive the Bureau is of those efforts. Recently, Rohit Chopra, the director of the CFPB, sent a…
Judge Recommends Dismissal of FCRA ‘Permissible Purpose’ Case Against Collector
In a case that was defended by Martin Golden Lyons Watts Morgan with local representation by Smith Debnam, a Magistrate Court judge in South Carolina has recommended that a Fair Credit Reporting Act lawsuit against a debt collector be dismissed because the plaintiff failed to plead facts that the defendant did not have a permissible purpose for accessing his credit…
Editor's Pick
Judge Denies Competing Motions for Sanctions in FDCPA Case
A District Court judge in Illinois has denied competing motions for sanctions…
Getting to Know
Ed. Dept. Releases Student Loan Repayment Data
The Department of Education has released data regarding repayment trends following the…
CFPB Letters Demonstrate Support for State Medical Debt Credit Reporting Efforts
The Consumer Financial Protection Bureau has made no secret of the fact…
Judge Recommends Dismissal of FCRA ‘Permissible Purpose’ Case Against Collector
In a case that was defended by Martin Golden Lyons Watts Morgan…
Suit Accuses Law Firm of Filing False Affidavit of Service
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon.…
Daily Digest – April 15. Judge Grants MSJ for Plaintiffs in FDCPA Case Over Expletive-Laced Communications; Gov’t Cancels $7.4B in Student Loans
Judge Grants MSJ for Plaintiffs in FDCPA Case Over Expletive-Laced Communications Gov’t…
David Williams Breaks Down Acquisition of RGS Financial
Having kicked the tires at about a dozen different companies during the past few years in considering acquisition targets, David Williams of Williams & Fudge knew he needed to find the right company to help grow his operation. And, as it turns out, the right target was one he had known for more than a decade. Last month, Williams & Fudge announced it was acquiring RGS Financial. David Williams, the president of Williams & Fudge, sat down with AccountsRecovery.net to discuss the acquisition, why diversification away from student loans was important for the company, and the importance of really getting to know the people involved on the other side of the table when making an acquisition. Watch the video to see everything David had to say.
