GETTING TO KNOW SEAN CLARK OF PROVANA
- Sean Clark’s entry into the accounts receivable management industry may have been serendipitous, but his growth and emergence as an industry leader was not a happy coincidence. It was the result of hard work and a willingness to go the extra mile for his clients. Read on to learn more about Sean, his productive approach to tackling his work, and how cooking brings him closer to his family.
- More details here.
APPEALS COURT AFFIRMS DISMISSAL OF FDCPA CASE FOR LACK OF STANDING, BUT DISSENT ARGUES OTHERWISE
- The Court of Appeals for the Seventh Circuit has affirmed the dismissal of a Fair Debt Collection Practices Act case because the plaintiff lacked standing to sue, but one of the three judges wrote a dissenting opinion arguing that receiving collection letters from the defendant after having the debt discharged in bankruptcy is enough for the plaintiff to have standing to sue.
- More details here.
ENFORCEMENT ACTION BANS PAIR FROM COLLECTION INDUSTRY
- A debt collection operation and the two people who were running it have been permanently banned from the industry as a result of a court order sought by the Federal Trade Commission and the Commonwealth of Pennsylvania after they were accused of making threats to people if they did not pay for merchandise they did not order.
- More details here.
CFPB ISSUES GUIDANCE WARNING COLLECTORS ABOUT FORECLOSING ON TIME-BARRED SECOND MORTGAGES
- During a field hearing yesterday in Brooklyn, the Consumer Financial Protection Bureau announced it was issuing guidance for debt collectors covered by the Fair Debt Collection Practices Act reminding them that they are not allowed to sue or threaten to sue to collect on a time-barred debt, even if they don’t know the debt is time-barred. The guidance attempted to address debt collectors that threaten to foreclose on homes with mortgages — especially second mortgages — where the statute of limitations has expired.
- More details here.
WORTH NOTHING: Thousands of these tiny blue creatures are washing up on the shores of California beaches … Six moves to help you make money after you lose your job … Are you finding business trips to be more exhausting than in the past? It’s not just you … How to make the best homemade lemonade … The annual ranking of airlines has been released … The founder of PayPal on how artificial intelligence will shape the way you pay for things … Indeed shares data on which types of jobs people are — and are not — hiring for … How to make the decision to rent or buy.
Top 10 Thursday, part I
Top 10 Thursday, part II
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