New Communication Channels for Debt Collection

New Communication Channels for Debt Collection

New Communication Channels for Debt Collection New guidelines by the CFPB increase how debt collection professionals can communicate with debtors. Consumers do not need to permit debt collectors to use their email, text, or social media accounts to contact them....
Debt Collection Validation Notice, a Quick Look

Debt Collection Validation Notice, a Quick Look

Debt Collection Validation Notice, a Quick Look A debt collector is expected to give debtors specific details about the debt they are attempting to collect when they first get in touch with the debtor. The Fair Debt Collection Practices Act (FDCPA) was clarified by...
Chamber of Commerce Initiative to Limit the CFPB

Chamber of Commerce Initiative to Limit the CFPB

Chamber of Commerce Initiative to Limit the CFPB The Consumer Financial Protection Bureau (CFPB or Bureau) and, notably, new CFPB Director Rohit Chopra, have been accused of engaging in illegal regulatory overreach, according to the U.S. Chamber of Commerce (Chamber),...

Pink Floyd Songs and Debt Collection – Goodbye Blue Sky

Pink Floyd Songs and Debt Collection – Goodbye Blue Sky Forum, Jury Waiver, and Personal Jurisdiction Statements “Goodbye Blue Sky” When a contract fails, both sides must say “Goodbye Blue Sky.” When litigation is inevitable,...

Pink Floyd Songs and Debt Collection Matters – Run Like Hell

Pink Floyd Songs and Creditors Rights – Money Waivers and Remedies “Run Like Hell” Debtors and guarantors typically “Run Like Hell” from their responsibilities when a deal fails, employing a scattershot strategy for all possible defenses....
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