RMAi Blog
FEBRUARY 13, 2025
He has served on RMAI committees since 2020, consistently attended conferences since at least 2014, and has contributed towards webinars, white papers and panels. His journey in the industry began on the phones as a collector in 1998. He is the CEO of TrueAccord. and internationally.
RMAi Blog
SEPTEMBER 13, 2024
California SB 1286 – This bill would expand the scope of the Rosenthal Fair Debt Collection Practices Act to prohibit debt collectors from engaging in unfair or deceptive acts or practices in the collection of commercial debts owed by a natural person of $500,000 or less that were entered into, renewed, sold, or assigned on or after July 1, 2025.
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RMAi Blog
OCTOBER 14, 2024
In This Update Earlier this month, the CFPB issued an Advisory Opinion reminding debt collectors of their obligation to comply with the Fair Debt Collection Practices Act and Reg F’s prohibitions on false, deceptive, or misleading representations in the collection of medical debt (see RMAI’s October 4, 2024 Member Alert ).
RMAi Blog
DECEMBER 13, 2024
RMAI has been opposing this bill since 2014 when it was first introduced. Court of Appeals for the Sixth Circuit began by noting that a debt collector violates the FDCPA if it threatens to take legal action against a time-barred debt. If passed, the bill would take effect on January 1, 2025. In an unpublished opinion, the U.S.
RMAi Blog
JANUARY 13, 2023
Here are some recently introduced bills that might be of interest: New York SB 171 – This bill would create a private right of action against originating creditors and debt collectors for a violation of the Debt Collection Procedures Act. There, the plaintiff sued after a debt collector used letter vendor to send a collection letter.
JSP Credit Management
FEBRUARY 3, 2022
In 2014, debt collection was a $20 billion market in the United States. In the United States, debt collection is a $26 billion market with 40% growth from 2014 to 2022. A debt collector works to make sure debts are paid and debtors’ rights are protected. In the United States, the debt collection market is expected to reach $26.45
Fundera
MAY 25, 2017
Additional highlights of the NCAP can be found on the website and have standards that apply to various credit reporting issues surrounding medical debt, filing disputes, dealing with debt collectors, and more. How the NCAP Standards Will Affect Your Credit Score.
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