On October 7, 2019, the United States Supreme Court denied Domino’s Pizza LLC’s Petition for Supreme Court review in the matter of Domino’s Pizza LLC v. Robles, See, 9th Cir. So what, might you ask, does pizza have to do with the accounts receivables industry? In a word, everything.
In its appeal to the U.S. […]
On August 19, 2019, on behalf of its members, RMAI filed an amicus curiae brief in the case Crown Asset Management, LLC v. Mary Barbato, supporting the defendant debt buyer’s petition to the U.S. Supreme Court for a Writ of Certiorari (defendant is asking the Supreme Court to review the decision of the lower […]
Today, RMAI submitted its comments in response to CFPB’s proposed debt collection rulemaking. RMAI will continue to closely monitor this process as we move forward, including ongoing conversations with the CFPB.
RMAI has been working on the CFPB Comments since the announcement of the NRRM on May 6th. The RMAI Comments can be found Here.
This Alert […]
The period within which a party may file a claim alleging a law violation is called a statute of limitations period. The statute of limitations on Fair Debt Collections Practices Act (FDCPA) claims has long been understood to be one year from the date on which the violation occurs. See, 15 U.S.C. § 1692k(d). In […]
Today, the Receivables Management Association International (RMAI) releases a white paper analysis of the impact of the Receivables Management Certification Program (RMCP) on litigation. A before-and-after analysis of lawsuits filed against businesses certified through the RMCP found that after certification, litigation against RMAI’s certified businesses, as an average, decreased by 20.8% in the seven-year span […]
A NEW YORK SUCCESS STORY
Earlier this morning, the New York Legislature adjourned for the year after working through the night. In the new political dynamic where control of the State Senate is solidly in the hands of a progressive Democratic majority, the receivables industry faced unprecedented attacks. No less than 54 legislative proposals, causing various […]
TEXAS CODIFIES DEBT BUYER NOTICE REQUIREMENTS
Today, Texas Governor Greg Abbott signed into law House Bill 996 by Representative Nicole Collier which requires debt buying companies to provide consumers a written notice when a debt the consumer owes is beyond the applicable statute of limitations (SOL). The notice is similar to the notice required in […]
Yesterday, RMAI had a front row seat at the CFPB Debt Collection Town Hall in Philadelphia, PA. Representing RMAI was RMAI Executive Director Jan Stieger, RMAI President Marian Sangalang, RMAI President-Elect Jim Mastriani, and RMAI Legal Counsel Don Maurice. The event was hosted by the CFPB to receive insights and […]
RMAI is pleased to inform its membership that the association’s efforts to clarify recently adopted Indiana court rules were a success! Today, Indiana Governor Eric Holcomb signed into law House Bill 1136, which contains RMAI’s language to address concerns raised after the adoption of revised small claims […]
The CFPB has planned a Debt Collection Town Hall meeting in Philadelphia, PA on Wednesday, May 8, 2019. The event will feature remarks from Director Kraninger as well as participation from the public, community groups and industry representatives. Jan Stieger (RMAI Executive Director), Marian Sanaglang (RMAI President) and James Mastriani […]
