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Governor Newsom has signed into law three legislative bills which will have a significant impact on any business within the receivables industry that engages with California consumers, regardless if the base of operations for the business is outside of California. The three new laws establish: (1) licensing for debt collectors; (2) the creation of the […]

On September 18, 2020, the State of Nevada Department of Business and Industry Financial Institutions Division (DBID) informed RMAI the state of Nevada’s temporary work from home licensing exemption had been extended through December 31, 2020.

Members will recall, in response to the State of Emergency declared by the Governor of Nevada on March 12, 2020, […]

RMAI extends its thoughts of support to all of those affected by the western wildfires, Iowa derecho (windstorm) and Hurricane Sally. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the portions of the following states directly affected by the emergencies:

• Alabama
• California
• Colorado
• Florida
• Iowa
• Louisiana
• Mississippi
• Montana
• Oregon
• Utah
• Washington
• Wyoming

The RMAI Receivables […]

In the wake of Hurricane Laura, the Governor of Louisiana has declared a State of Emergency. Subject to certain exceptions, as a general rule, telephone solicitations placed to residential telephone subscribers in the State of Louisiana are prohibited. Examples of exceptions to the general rule include telephone solicitations, as that term is defined, if made:

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Just before midnight last night, the California legislature passed SB 908, Debt Collection Licensing Act, which would license debt collectors in the State of California. This bill would require debt collectors (collection agencies, debt buyers, and collection law firms) to be licensed by the Department of Business Oversight (DBO) in California no later than […]