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2025 Officers & Directors Elected to Lead Receivables Management Association International

RMAi Blog

Members of Receivables Management Association International (RMAI) elected Officers and Directors to its Board for 2025. The 2025 Officers and Directors are: Jon Mazzoli, Resurgent Holdings, Inc., Director Michael Cassidy is joining the RMAI Board of Directors for 2025, in a certified debt-buyer seat. Director Todd L.

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Member Alert: Wisconsin Court of Appeals Decision on Right to Cure Notice

RMAi Blog

2023AP125, 2025 Wisc. However, federal courts in Wisconsin have held that consumers can seek damages under the FDCPA against debt collectors that file collection actions when no right-to-cure notice was provided. Bank of America., Riffard , No. LEXIS 157 (Feb. See Bahena , 363 F. 3d at 927; Boerner , 358 F. 3d at 773-81.

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Member Alert: DELAYED ENFORCEMENT ANNOUNCED ON NEW YORK CITY DEBT COLLECTION RULE

RMAi Blog

Earlier today, the New York City Department of Consumer & Worker Protection (DCWP) announced that they are going to delay enforcement of the new Debt Collector Rules until April 1, 2025. However, delayed enforcement should not be confused with delayed enactment. The effective date for the new rule remains December 1, 2024.

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Member Alert: California Governor Signs Three Consumer Protection Bills into Law

RMAi Blog

This bill will be effective on January 1, 2025. This bill will be effective on January 1, 2025. This bill will be effective on January 1, 2025. RMAI encourages its members that collect on accounts owed by California consumers to share this information with their legal, compliance, and operations employees.

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RMAI Update September 2024

RMAi Blog

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 Update October 2024

RMAi Blog

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 ).

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RMAI Update December 2024

RMAi Blog

The primary focus of the meeting was to discuss legislative and regulatory priorities for 2025, laying the groundwork for continued collaboration to support the industry. RMAI will collaborate with the CFPB on addressing these issues in 2025. RMAI is gearing up for an active state legislative calendar in 2025.