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Compliance

FTC Announces Actions Against Quartet of Collection Agencies

The Federal Trade Commission today announced a series of updates and settlements in a number of cases involving companies allegedly engaging in illegal debt collection activities. The cases are all part of Operation Collection Protection, an FTC-led initiative that is working with federal and state regulators and law enforcement agencies …

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Law Firm Opens New Office in Cleveland

Client demand has led the law firm of Maurice Wutscher to open its 14th office, this one in Cleveland, Ohio. The firm has hired an associate, Allison Hayes, to work in the office. Hayes joined the firm January 1. She is the seventh attorney to be hired at Maurice Wutscher …

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CFPB Proposes $3 Million Fine For Law Firm

The Consumer Financial Protection Bureau has filed a proposed consent order that would bring an end to one of the strangest debt collection cases on record. The order, against Frederick J. Hanna & Associates, would end a legal battle that has waged between the Georgia-based law firm and federal regulator …

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Report Analyzes How Much CFPB Complaints Cost

It seems fairly straightforward that the more people who complain about you to the Consumer Financial Protection Bureau, the more likely you are to get fined. But one company has gone out and quantified exactly how many complaints it usually takes and how much the fines are likely to be …

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How Not To Take The Bait

AccountsRecovery.net is proud to be partnering with WebRecon to publish a series of articles that will help shed light on the issues facing collectors when it comes to complying with laws such as the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act, as well as defending themselves against complaints …

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