As those of us in the industry know well, there always seems to be an “it” claim that makes its way in droves against debt collectors. A few years ago, it was barcodes on an envelope and 1099-C/tax consequences disclosures. More recently, it’s been the written dispute requirement issue in the Third Circuit and interest,…
Details
Last Friday, the Consumer Financial Protection Bureau (CFPB or Bureau) released its Supplemental Notice of Proposed Rulemaking (SNPR) for time-barred debt disclosures. The CFPB seeks to amend Regulation F, specifically §§ 1006.26 and 1006.34, which implements the Fair Debt Collection Practices Act (FDCPA) and requires debt collectors to make certain disclosures when collecting on time-barred debts.…
DetailsCopley, Ohio – DebtNext Software, a hosted recovery management software provider, welcomes Katie Greathouse as its new Client Success and Operations Director. In her new role, Katie will look to continually improve internal processes and workflows to streamline support and project communications with clients. She will join DebtNext in its Northeast Ohio headquarters located in Copley,…
DetailsIf your organization was planning on submitting a comment to the Consumer Financial Protection Bureau’s (CFPB) Supplemental Notice of Proposed Rulemaking (SNRPM) for time-barred debts, it’s time to set your calendars. The SNPRM is set to be published in the Federal Register tomorrow, March 2, which means the clock for the comment deadline—set to expire…
Details
Twilio—the seemingly ubiquitous supplier of mass text aggregation services—has just earned a profoundly-important summary judgment ruling determining that its services do not qualify as an ATDS under the TCPA. While Twilio has been fighting for years to extract itself from TCPA cases by arguing that it cannot be held liable for texts sent by its customers…
DetailsGeneseio, N.Y. – Coast Professional, Inc. (Coast) has hired Christopher Woodworth as Government Relations Facilitator. The Government Relations Facilitator is responsible for the management of the company’s government contracts, as well as the company’s All Small Mentor-Protégé Program. Christopher will be working from the company’s Geneseo, NY office . . . [Click Here To Continue]
With the ATDS picture slowly taking shape in TCPAWorld the newest battle surrounds Article III standing in the context of TCPA violations. In order to assert standing to sue under the statute a Plaintiff must demonstrate–for each and every phone call folks–that the call caused “concrete” and “real world harm” that is “fairly traceable” to…
DetailsOn Friday afternoon, the Consumer Financial Protection Bureau (CFPB) released its long-awaited Supplemental Notice of Proposed Rulemaking (SNPRM) for time-barred debts. The CFPB first hinted that an SNPRM was coming last year when it included a placeholder for time-barred debts in its full NPRM for debt collection, as well as when it launched a consumer survey…
DetailsMinneaplis, Minn. — DCM Services, LLC (“DCMS”), the industry leader in data and contact management solutions for the estate and specialty receivables recovery market, has been acquired by NMS Capital (“NMS”), a private equity firm. DCMS provides data and contact management solutions for businesses in the financial services, healthcare, auto, retail, telecommunications, and utilities end-markets.…
DetailsCedar Falls, Iowa – SndRight, LLC, a best-in-class text messaging platform has partnered with Renkim Corp., a leading provider of secure print and mail solutions, to provide a means to deliver text messages in full compliance with both the Telephone Consumer Protection Act (TCPA) and Fair Debt Collection Practices Act (FDCPA) . . . [Click…
Details