The increased focus and attention being paid to medical debts these days by state and federal regulators and lawmakers is changing how this type of debt is being collected, and those changes might be permanent, Leslie Bender and John Bedard discuss on the latest episode of “The Narrative.” The Consumer …
Read More »New Video Series Launched: Debut Episode Tackles White House’s Bulletin on Medical Debt
Everyday, there are legal rulings, compliance bulletins, bills that become law, and other updates released by regulators and lawmakers. Those updates often detail what can and can’t be done, but rarely do they provide the how. Companies in the accounts receivable management industry are often left to their own devices …
Read More »The Caselaw that Shaped the Industry in 2021
It is likely not a surprise to anyone what the most impactful lawsuit was to the accounts receivable management industry in 2021. But the suit that was the second-most important might surprise some. And some hope that the case that was the most impactful in 2021 is also the most …
Read More »Advice From the Experts on Day One of the Regulation F Era
The time has come for the rubber to meet the road. For the cards to be dealt and played. For green flag to be waved and the race to start. A new era in the history of the accounts receivable management industry begins today, and with it, a new host …
Read More »Bedard Breaks Down Remaining Sections of Regulation F in Series Finale of ‘You Wanted a Rule, You Got a Rule’
After 35 episodes and nearly eight hours of in-depth analysis, we have reached the end of the line. The series finale of “You Wanted a Rule, You Got a Rule.” In the last episode of the series, John Bedard of Bedard Law Group breaks down the last three sections of …
Read More »Bedard Breaks Down How Collectors Must Send Disclosures Under Regulation F
In a lot of what’s included in Regulation F, the Consumer Financial Protection Bureau gave debt collectors options, such as what to say in the Limited-Content Message or what to include in the Model Validation Notice. While there are components of each that are required, collectors are given the opportunity …
Read More »Bedard Breaks Down Reg F’s Section on Disputes
If there is one certainty about what is going to happen once Regulation F goes into effect on November 30, it’s that individuals who receive notices from debt collectors are going to dispute more debts. By providing the option for consumers to dispute the validity of a debt on the …
Read More »Bedard Breaks Down Sending MVN in Other Languages
America is a melting pot of cultures and backgrounds. And that means that a lot of the people living here in the United States came from places where English wasn’t the primary language that was spoken. Take me, for instance. Being Canadian, it took a lot for me to learn …
Read More »Bedard Breaks Down Electronic Delivery of Validation Notices
For all of the excitement and possibility that surrounds the area of collectors communicating electronically with consumers via email, text messaging, and other digital channels, one of the areas that collectors tend to shy away from is sending the initial validation notice through such channels. But the Consumer Financial Protection …
Read More »Bedard Finishes Analysis of Model Validation Notice’s Optional Disclosures
In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group finishes walking through his analysis and breakdown of the eight optional disclosures that collectors are allowed to include on their copies of the Model Validation Notice and still enjoy the safe …
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