AccountsRecovery.net Where AR Professionals Connect

March 1, 2021, Chicago, IL. —  Provana, a leading provider of best-in-class technology solutions is proud to announce the release of the Provana Media Cabinet.  The Media Cabinet streamlines the processes debt buyers, creditors, and lenders use to manage the distribution of account-related documents, within their network. As an extension …

FDCPA CLASS-ACTION FILED AGAINST DEBT BUYER, COLLECTOR A class-action lawsuit has been filed in federal court in New Jersey, alleging that a debt buyer and the collector it hired allegedly violated the Fair Debt Collection Practices Act because it sent a collection letter to an individual without the debt buyer …

A bipartisan bill has been introduced in the Senate that would double the penalties for individuals or entities that spoof Caller ID numbers as a means of combatting illegal robocalls. S.594, the Anti-Spoofing Penalties Modernization Act is sponsored by Sen. Susan Collins [R-Maine], and co-sponsored by Sen. Krysten Sinema [D-Ariz.], …

Performant Recovery has filed a notice with the state of Oregon that it is planning on laying off 60 employees at its location in Grants Pass, Ore., and will not bring back 31 employees who had been furloughed, citing the COVID-19 pandemic and changes to student loan collections as the …

A class-action lawsuit has been filed in federal court in New Jersey, alleging that a debt buyer and the collector it hired allegedly violated the Fair Debt Collection Practices Act because it sent a collection letter to an individual without the debt buyer having a proper license to operate in …

Opportun Inc., a unit of Opportun Financial Corp., a consumer finance lender that caters to Latino immigrants, disclosed yesterday that its lending and debt collection practices are being investigated by the Consumer Financial Protection Bureau as part of an apparent wider investigation into whether small dollar lenders have violated federal …

GETTING TO KNOW ANDREW SCHWARTZ OF GORDON & REES You have to love a lawyer who brings his own eggs into work in the morning before defending the industry before a federal judge. Andrew Schwartz may be known for helping overturn the written dispute requirement within the Third Circuit Court …

It’s the collection industry’s version of the chicken-and-the-egg. A consumer refuses to confirm his or her identity because the collector will not go into detail about a collection call, but the collector can not go into detail until the consumer’s identity is verified. Collectors have to stick to their guns …

A District Court judge in Minnesota has granted a motion for partial summary judgment filed by a trio of plaintiffs in related cases and denied the defendants’ motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because it allegedly violated civil procedure laws …

The Consumer Financial Protection Bureau yesterday made a pair of announcements — delaying the enactment date of a rule that was set to go into effect July 1 and filing a lawsuit against a payment processor and its former chief executive for aiding clients that were taking advantage of individuals …

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations …

JUDGE DENIES MOTION TO CERTIFY CLASS IN FDCPA SOL SUIT A District Court judge in Delaware has denied a motion to certify a class in a lawsuit that alleged a collector violated the Fair Debt Collection Practices Act by falsely representing the legal status of a debt when it sent …

The number of individuals who are at least three months behind on their mortgages has increased by 250% in the past year, and 11 million renters and homeowners are at risk of losing their homes to foreclosure or eviction, according to a report issued by the Consumer Financial Protection Bureau …

A District Court judge in Delaware has denied a motion to certify a class in a lawsuit that alleged a collector violated the Fair Debt Collection Practices Act by falsely representing the legal status of a debt when it sent settlement offers on time-barred debts without disclosing that the statute …

If anything, the confirmation hearing held yesterday for Rohit Chopra to be the new director of the Consumer Financial Protection Bureau showed us more about the agendas of the members of the Senate Banking Committee and less about learning the priorities and vision that Chopra has for the agency, should …