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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 May 2023

RMAi Blog

A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. The consumer filed a lawsuit claiming the debt collector, by seeking payment following the discharge, “violated 15 U.S.C. Mendelson Firm, PLLC | TN Dynamic Collectors, Inc. |

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Why You Should Consider a Career In Debt Collections…. No, Really!

Priority Credit Management Corporation

“When I grow up, I want to be a debt collector.”. A DEBT collector?? There is a common theme amongst all credit services people that I’ve chatted with over the years. Every person gets into credit and collections by accident, and either you love it or hate it. What is a debt collector? Said no one ever.

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Best Debt Collection Agency in India: MNS

MNS Credit Management Group

Who are debt collectors? A corporation or agency that recovers money owing on past-due debts is known as a debt collector. Many businesses that owe money to creditors use debt collectors, who work for a fee or a portion of the total amount collected. Another name for a collection agency is a debt collector. Introduction.

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Navigating The Debt Collection Landscape In Indonesia

MNS Credit Management Group

Indonesia is also governed by several other regulations regarding the use of debt collection services such as bank of Indonesia regulation number 22/20/PBI/2020 on bank of Indonesia Consumer protection under which a bank or financial institution uses the services of a debt collector.

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The Implications Of Company Structure On Debt Collection

JSP Credit Management

This model is the dominant model in the legal sector for example where law firms will nearly always adopt an LLP company structure. This has implications for debt collectors dealing with limited companies who are pursuing recovery of a debt that they feel is affordable despite being told by the debtor that it is not.

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RMAI Update April 2023

RMAi Blog

Through the efforts of RMAI, our Colorado lobbyist, and other industry partners we were able to get an exemption for credit card debt unless the credit card was offered specifically for the payment of health-care services or health-care goods. RMAI was able to obtain some modest amendments; however, we remain in opposition.

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