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.
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 ).
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RMAi Blog
FEBRUARY 3, 2023
Owner, corporate officer or senior-level employees of debt collector licensees or applicants. Representation of different industry segments required to be licensed, including third-party collection agencies, debt buying companies (preference for Receivables Management Certification Program), collection law firms.
RMAi Blog
MAY 12, 2023
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. |
Priority Credit Management Corporation
OCTOBER 16, 2020
“When I grow up, I want to be a debt collector.”. A DEBT collector?? The term Debt Collector conjures up all kinds of negative ideas or pictures in one’s head about the job. If you are on the fence about a career in debt collections but have yourself thinking: I want to be more than just a collector. Said no one ever.
MNS Credit Management Group
DECEMBER 2, 2022
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.
MNS Credit Management Group
MAY 25, 2023
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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