This November during Military Family Appreciation Month, the Receivables Management International Association (RMAI) heartily thanks military service members and their families, especially those who are also RMAI members.
RMAI reminds members of the military and their families of the many protections they are afforded under the law. Calls from debt collectors, letters from creditors, even decreases […]
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State Updates – Emergency Rule
Washington State Department of Licensing Extends Temporary Work from Home – Permanent Rule in Process
Effective October 20, 2020, the Washington Department of Licensing (DOL) confirmed its decision to extend the emergency rule allowing employees of collection agencies the option to work remotely on a […]
AI-Driven SMS and Email Communication Recovery Service Teams with End-to-End Cloud Based SaaS Solution to Improve Collections Performance with Enhanced Personalization and Predictability
Phoenix, Arizona; Remitter USA Inc., an AI powered digital communications platform used to improve payment recovery is pleased to announce its partnership with Alchemy Technologies (“Alchemy”), award winning Fintech Infrastructure Development Company.
The […]
October 30, Madrid. Debex (a European trade mark of Debexpert), an online auction for legal entities to buy and sell delinquent debts, has started operating in Spain. The first successfully sold pool was the Prestamer’s debt portfolio.
“The Spanish delinquent debts market looks very attractive. With the high volume of debts sold, the volume […]
On October 30, 2020, at approximately 1:00 P.M. Eastern, the Consumer Financial Protection Bureau (CFPB) released the long-awaited final Debt Collection Rule (Rule). This Rule, amending Regulation F, 12 CFR Part 1006, was promulgated by the CFPB at the direction of Congress to implement the Fair Debt Collection Practices Act (FDCPA) and prescribe Federal […]
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State Updates – Order Extension, Automatic Exemption
Colorado Extends Period Restricting Use of Extraordinary Collection Activities Due to COVID-19
On October 25, 2020, the Administrator of Colorado’s Uniform Consumer Credit Code (“Administrator”), issued an Order, published in the Colorado Register on October 25, 2020, pursuant […]
RMAI extends its thoughts of support to all of those affected by Hurricane Zeta. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the portions of the states of Louisiana and Mississippi directly affected by the hurricane.
The State of Louisiana issued a State of Emergency for Hurricane Zeta 144 JBE 2020 which extends from […]
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State Updates – Automatic Exemption of Emergency Relief Payments Pending
State of Virginia Protection of COVID Payments from Creditor Remedies
On October 16, 2020, the State of Virginia voted to amend Virginia Code Section 8.01-512.4 to:
The FFAM360 Alliance of Companies is fundraising for the Breast Cancer Research Foundation this October. This annual Breast Cancer Awareness Month campaign helps increase attention and support for the awareness, early detection, and treatment of this disease.
FFAM360 Joins GCFS to Make a Difference in 2020
The team at FFAM360 is partnering with the Global […]