AccountsRecovery.net Where AR Professionals Connect

JUDGE LOWERS ATTORNEY FEE AWARD IN FDCPA CASE BY 27% A District Court judge in Connecticut has reduced the amount to be awarded in attorney’s fees by 27% to a plaintiff who won a Fair Debt Collection Practices Act lawsuit against a collection law firm that listed two different amounts …

A District Court judge in Connecticut has reduced the amount to be awarded in attorney’s fees by 27% to a plaintiff who won a Fair Debt Collection Practices Act lawsuit against a collection law firm that listed two different amounts owed in a collection letter that was found to be …

The Federal Communications Commission has assessed more than $208 million in fines against companies accused of making illegal robocalls since 2015, but have only collected $6,790 of that amount, according to a published report. Maybe it should outsource the collection to a third-party agency? 🙂 In fact, the FCC hasn’t …

The spotlight on how healthcare facilities collect on unpaid medical debts continues to intensify, with a new report from The New York Times questioning why more lawsuits are being filed against individuals who do not pay their bills and how lawmakers are now looking into solutions that would provide consumers …

One-third of individuals who have credit card debt are in that position because they used their credit card to pay for a medical bill, according to the results of a national survey that was released last week. About 10% of that group that have used a credit card to pay …

APPEALS COURT OVERTURNS DISMISSAL OF FDCPA SUIT INVOLVING 1099C DISCLOSURE The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a lawsuit in which a defendant was accused of violating the Fair Debt Collection Practices Act because it included a disclosure about a the creditor …

The Department of Health and Human Services has imposed a $3 million fine on a healthcare facility for violating the Health Insurance Portability and Accountability Act (HIPAA) by not encrypting data that was on a stolen flash drive and a stolen laptop computer. The University of Rochester Medical Center appeared …

The Attorney General of Massachusetts is set to announce a $4 million settlement today with Portfolio Recovery Associates over what a published report deemed to be “aggressive debt-collection practices.” Maura Healey said that Portfolio Recovery Associates, which is a unit of PRA Group, “routinely ignore[d] multiple laws” and investigated the …

The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a lawsuit in which a defendant was accused of violating the Fair Debt Collection Practices Act because it included a disclosure about a the creditor possibly filing a debt cancellation notice with the Internal Revenue …

A bill has been introduced in Congress that would seek to amend the definition of debt collector under the Fair Debt Collection Practices Act. H.R. 5001 was introduced by Rep. William Lacy Clay [D-Missouri], on Friday. It has been referred to the House Financial Services Committee for consideration. Rep. Lacy …

Every week, AccountsRecovery.net brings you the most important news in the industry. But, with compliance-related articles, context is king. That’s why the brightest and most knowledgable compliance experts are sought to offer their perspectives and insights into the most important news of the day. Read on to hear what the …

JUDGE GRANTS MSJ, DENIES CLASS CERTIFICATION IN FDCPA CASE OVER LETTER REFERENCING IRS CANCELLATION A District Court judge in Wisconsin has denied class certification and granted summary judgment in favor of a defendant that was accused of violating the Fair Debt Collection Practices Act by including a reference to the …

A District Court judge in Wisconsin has denied class certification and granted summary judgment in favor of a defendant that was accused of violating the Fair Debt Collection Practices Act by including a reference to the requirement that the Internal Revenue Service may have to be notified of a debt …

ACA International has submitted a letter to the leadership of the House Financial Services Committee, commenting on a number of collection-related bills that have been introduced in Congress, expressing concerns about the expansion of regulation related to the Fair Debt Collection Practices Act. A copy of the letter, sent by …

Both Encore Capital Group and Portfolio Recovery Associates reported higher profits in the third quarter, compared with the same quarter last year, a positive sign for all companies in the credit and collection industry. Encore Capital reported net income of $38.8 million for the three-month period ending Sept. 30, compared …