Compliance

The top Democrats from four key Senate committees have come together to issue a set of principles under which they would support a federal privacy law, including continuing to allow states to enact their own laws. The move follows a bill that was introduced in the House of Representatives by …

There was an uptick in the number of lawsuits filed in October alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act, according to data released yesterday by WebRecon. On a month-over-month basis, the number of FDCPA claims was up …

The Court of Appeals for the Eleventh Circuit has reversed a lower court’s certification of a class-action in the Telephone Consumer Protection Act case, ruling that receiving a telemarketing call and not revoking consent to be contacted does not rise to the standard of a concrete injury under Article III …

The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation — federal regulators that oversee national banks and savings & loans — are issuing a proposed rule that would clarify the “valid when made” doctrine which would ensure the terms of loans would remain valid after …

A pair of scammers who were convicted of running a debt collection scam that bilked individuals out of nearly $6 million have been sentenced to lengthy prison terms. Laurence Sessum was sentenced to more than 11 years in prison and Jacqueline Dianne Okomba was sentenced to six years yesterday by …

A collection law firm is seeking judicial intervention after accusing the Consumer Financial Protection Bureau of making an “end-run” by dropping its case against the law firm, only to tell the law firm hours later that it would be sending the firm a new Civil Investigative Demand letter. The CFPB, …

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 …

A bipartisan group of leaders from the House and Senate announced on Friday that they had joined together and worked out a compromise anti-robocall bill, which will be called the Pallone-Thune TRACED Act. The bill is named after Rep. Frank Pallone [D-N.J.], the chairman of the House Energy and Commerce …

A District Court judge in Oregon has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act over whether filing a garnishment notice is a legal action against a consumer or the consumer’s employer. A copy of the ruling in the …

The House Financial Services Committee on Thursday passed eight bills, including five that relate to debt collection or the Fair Debt Collection Practices Act. The bills now move to the entire House of Representatives for consideration. Five of the bills were passed by votes of 31-23, which represent the number …