RMAi Blog

MARCH 14, 2023

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies.

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SAP Credit Management

JULY 19, 2023

Since Objects in SAP Real Estate Management (SAP RE) itself are Cost Objects – despite of Settlement Units which are plain Cost Collectors – one of these buckets must suit to reflect P&L figures in Central Finance. Cost Centers Internal Orders WBS Elements CO-PA Objects.

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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. Preferred Collection and Management Services, Inc. (Hunstein III) , 48 F.4th 4th 823 (10th Cir.

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SAP Credit Management

DECEMBER 20, 2022

I am a collector of old computers and software and have a passion for these vintage systems. It’s nice to see that all of these transactions were already available in this early version, and that the core functionality was already present. SM51 – Overview of Processes.

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RMAi Blog

APRIL 12, 2023

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. The U.S.

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MNS Credit Management Group

SEPTEMBER 24, 2023

In addition to giving solicitors instructions to start legal proceedings, we also offer credit management services including sending letters of demand prior to legal action, a service that looks into a company’s history, credit reports, and status reports. However, emails might not be appropriate for more urgent debts.

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Gaviti

DECEMBER 28, 2023

Inappropriate reactions on the part of the customer or collector during a collections call may make the situation worse. Aggregating data from collections calls is challenging and doesn’t offer a holistic view into the customer’s present financial situation. They deliver poor visibility into customer information.

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Priority Credit Management Corporation

APRIL 21, 2021

Teaching our kids about managing their money is crucial, yet the evidence is clear that we're doing a poor job of passing down financial literacy to future generations. I present a credit literacy segment at local high schools for their Career and Life Management or CALM classes. How much is $27 trillion?

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RMAi Blog

APRIL 14, 2025

New York AB 5537 / SB 4271 This bill would establish a state-wide debt collector license in New York under the authority of the Department of Financial Services (the same agency that licenses the banking and insurance industries and which for the last 11 years has promulgated rules for debt collectors). RMAI is in strong opposition.

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RMAi Blog

MARCH 14, 2025

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. Relying on the representations of the creditor, the debt collector reported the consumers account to the CRAs as undisputed. See Bahena , 363 F.

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JSP Credit Management

APRIL 19, 2022

JSP Credit Management's journey so far has taken some unexpected turns in its short lifespan. Therefore we have chosen to embrace the opportunities that have been presented to us and yes, it has involved some risk, but it has also involved some reward too and that is what we have benefited from in hindsight.

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RMAi Blog

JANUARY 14, 2025

2025 Webinar Programming Register for our February 4th webinar, Innovation and Future Trends in the Accounts Receivable Management Industry, sponsored by Collectors Insurance Agency, Inc. where our presenters will explore how cutting-edge technologies and practices are shaping the future of debt collection and debt buying.

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