Daily Digest

NOTED PLAINTIFF’S ATTORNEY RESIGNS FROM PRACTICE OF LAW Maxim Maximov, a plaintiff’s attorney whose name is well known within the accounts receivable management industry, has resigned his practice following an investigation by three judicial districts within the New York State Court System. JUDGE GRANTS MTD OVER OFFER OF MORE CREDIT …

JUDGE DENIES MOTION TO COMPEL ARBITRATION OVER HOW ‘RECEIVABLE’ AND ‘ACCOUNT’ ARE DEFINED Synonyms and semantics can be deadly when in the hands of a federal judge. A defendant is learning that lesson the hard way after a District Court judge in New Jersey denied a defendant’s motion to compel …

JUDGE GRANTS MTD ON ALL COUNTS BUT ONE IN FDCPA CLASS ACTION A District Court judge in New Jersey has granted a defendant’s motion to dismiss on all counts but one in a class-action Fair Debt Collection Practices Act case, ruling that the allegations that the amount of a debt …

GETTING TO KNOW JUSTIN RUSSELL OF VENGROFF-WILLIAMS If there is one reason for the accounts receivable management industry to be thankful for the creation of the Consumer Financial Protection Bureau, it’s that without it, the industry likely might never have had the chance to work with Justin Russell. Russell’s beginnings …

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 GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER STATEMENT IN LETTER THAT WAS NEVER READ If a tree falls in the forest and nobody is around to hear it, does it make a sound? Similarly, if a statement in a collection letter allegedly violates the Fair Debt Collection Practices …

ONTARIO SYSTEMS CONTINUES BUYING SPREE WITH KATABAT ACQUISITION Continuing its spree of acquisitions in 2021, Ontario Systems yesterday announced it had purchased Katabat, the maker of a collection software platform. Terms of the deal were not disclosed. The deal marks the second for Ontario Systems this year and the third …

JUDGE DENIES PLAINTIFFS’ MOTIONS TO REMAND HUNSTEIN CASES BACK TO STATE COURT A District Court judge in Illinois has denied motions in two separate Hunstein cases seeking to remove cases back to state court, ruling that the plaintiffs have alleged to have suffered concrete harms and thus have standing to …

ARIZONA GROUP PUSHING FOR MEDICAL DEBT COLLECTION LAW After watching medical debt collection laws pass in a number of states this year, including Nevada and Maryland, the accounts receivable management industry might want to pay attention to what is now going on in Arizona, as a ballot initiative has been …

GETTING TO KNOW LEE-MADELINE DOWLS OF FIRST INVESTORS FINANCIAL SERVICES Seeing projects through to the end. A love of numbers and data. Is it any wonder that Lee-Madeline Dowls has found her home working in the accounts receivable management industry? Along with her love of data, knowing that she needs …