RMA recommends all members temporarily suspend collection calls and communications to consumers in areas affected by the devastating Thomas, Creek, and Rye fires in southern California. According to FEMA, the affected counties include Los Angeles, San Diego, Santa Barbara, and Ventura.
Unfortunately, the fires may spread to additional heavily populated counties, given current “red […]
Cherry Hill, New Jersey, December 6, 2017
New Jersey-based debt collection agency MRS BPO, LLC, one of the country’s premiere accounts receivable management firms, continued its tradition of partnering with the American Cancer Society. MRS raised $15,000 through multiple fundraising events which included employee sponsorships and many donations. These events have become a favorite tradition […]
December 2, 2017 (Sacramento, CA) – This week, Receivables Management Association International participated at the Consumer Federation of America’s 30th Annual Financial Services Conference in Washington, D.C. David Reid, RMA’s Director of Government Affairs & Policy, spoke on a panel titled, “Debt Buyers and Debt Collection”, along with a representative from the National Consumer Law […]
At the request of Receivables Management Association, the Oregon Division of Consumer & Business Services (DCBS) has issued written guidance regarding when a debt collector should maintain a “collection agency” registration as opposed to a “debt buyer” license in Oregon. The answer essentially depends on the title holder of the debt. If you are […]
November 16, 2017 (Sacramento, CA) – RMA’s Receivables Management Certification Program has been widely adopted by receivables management companies since its introduction in 2013. A growing number of businesses have earned the Certified Professional Receivables Company designation—up to 143 as of November—and a total of 237 individuals have earned the Certified Receivables Compliance […]
November 13, 2017 (Sacramento, CA) – Earlier this month, the State of Oregon launched the application for its new Debt Buyer license. Pursuant to Chapter 625 of the Laws of 2017, Oregon becomes the first state in the nation to adopt a stand-alone licensure requirement for debt buyers. In most states that require a license for debt […]
Investment Retrievers believes in giving back to the community. That’s why we joined with Twin Lakes Food Bank on 10/19/2017 in Folsom to help garden at a local church. Twin Lakes Food Bank provides food and support for those in need, growing some of the foods they distribute.
We gathered up our staff, rolled up our […]
Today, the Oregon Department of Consumer and Business Services (DCBS), at the request of RMA, has published a safe harbor notice on enforcement actions for debt buying companies who have not been issued the new debt buyer license by the law’s January 1, 2018 effective date. To qualify for the safe harbor, debt buying companies […]
This week, the State of Oregon launched the application for its new Debt Buyer license. Pursuant to Chapter 625 of the Laws of 2017, Oregon becomes the first state in the nation to adopt a stand-alone licensure requirement for debt buyers. In most states that require a license for […]