By Jeffrey A. Schreiber and Vincent P. Reed
After 46 years since “debt collector” was defined in the federal Fair Debt Collection Practices Act, 15 U.S.C. 1692-1692p (“the Act”), why do courts still disagree with its meaning? The Act was enacted prior to the consumer debt buyer industry matured. Consequently, the legislative […]
On June 18, 2023, Governor Greg Abbott signed into law House Bill 4, the Texas Data Privacy and Security Act. This makes Texas the tenth state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, and Montana. The Act will go into effect July 1, 2024, […]
CHICAGO, IL – Markoff Law LLC, a Chicago based firm with over 40 years of experience in creditors’ rights and collection law, is proud to announce its recent donation to the Great Strides Cystic Fibrosis Foundation.
Steven Markoff, Managing Partner at Markoff Law, expressed his thoughts on the firm’s donation. “At Markoff Law, our […]
DENVER, CO. – Harvest Strategy Group, a leader in nationwide recovery management services, has proudly announced its substantial contribution to the recently concluded “I Heart Camp” event by Heart & Hand Center. This generous donation reflects Harvest’s unwavering commitment to empowering local communities and driving positive social impact.
The “I Heart Camp” event, which […]
NORFOLK, Va., June 15, 2023 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA), global leader in nonperforming loans, was honored this week with two Silver Stevie® Awards during the 21st Annual American Business Awards®. The company earned recognition in two categories: “Achievement in Diversity & Inclusion” and “Achievement in Management for Financial Services.” The awards ceremony took place at […]
On Monday, the Nevada Legislature passed legislation that RMAI has promoted over the past two years which modernizes the collection agency licensing act. Senate Bill 276 passed both houses of the Nevada Legislature by a unanimous vote and without any organizations in opposition.
The Nevada Collection Agencies Licensing Act was first […]
DULUTH, GA – Crown Asset Management, a receivables acquisition and management firm in Duluth, GA, is proud to share our recent participation in the inspiring and heartwarming Best Buddies Friendship Walk 2023. We truly believe in the power of community and giving back, and we encourage everyone to join us in supporting this […]
Skit.ai’s Conversational Voice AI solution achieves significant milestones in American Finance L.L.C with better collections, efficiency, and scalable support.
New York, NY (May 18, 2023) — Skit.ai, the leading Conversational Voice AI solution provider in the Account Receivable Management (A.R.M) industry, announces a strategic alliance with Delaware based, American Finance L.L.C, a prominent lending […]
By Chad Probst
The collapse of the Silicon Valley Bank (SVB) in March 2023 signaled an uncertain outlook for the U.S. economy and emphasized the need for businesses to consider several aspects of their payment processing approach while taking into account an ever-changing regulatory environment.
In this article, we explore the benefits of using […]
HARRISON, N.Y., May 5, 2023 (Newswire.com) – Garnet Capital Advisors, a leading broker of loan portfolios, is excited to announce the addition of two new professionals to their team: Lauren Falls and Ernesto Diaz. This expansion demonstrates Garnet Capital’s commitment to growth and innovation in an environment where other companies in the sector are facing […]