April 6, 2020: On April 3, 2020, Governor Andrew M. Cuomo signed the Fiscal Year 2021 Enacted Budget. True to form, like other state fiscal year budgets, New York’s was replete with amendments to existing laws, and in some instances created new laws. One amendment included in the bill, of particular interest to members of […]
April 3, 2020: Today, the Massachusetts Attorney General’s Office released FAQs concerning the Emergency Regulation the office issued on Friday, March 27, 2020. RMAI strongly recommends that all of its members who engage in debt collection in Massachusetts read and comply with the provisions contained therein.
This alert is […]
April 3, 2020: Today, the Receivables Management Association International (RMAI) received a response from Deputy Commissioner Mary Young of the Nevada Department of Business & Industry regarding RMAI’s request for guidance on the Department’s March 20, 2020, notice to the collection industry.
Specifically, RMAI inquired whether the phrase “must cease collection efforts” applies to:
1) Receiving […]
Member Alert: Update to North Carolina’s March 27 Order Regarding Debt Collection Activity During the COVID-19 Emergency
April 2, 2020: On March 27, 2020, North Carolina issued an Order directing all collection agencies to comply with North Carolina General Statute 58-2-46. This is North Carolina’s State of Disaster statute and applies to a number of covered entities including collection agencies. The Order makes clear it applies to collection agencies licensed by […]
March 31, 2020: On the heels of declaring Illinois a disaster area due to the COVID-19 pandemic, on March 30, 2020, the Governor of Illinois issued Executive Order 202010 requiring all non-essential businesses and operations to cease all activities within the State.
Illinois considers licensed debt collection […]
March 27, 2020: Effective immediately, pursuant to the Massachusetts’s Attorney General’s authority to issue regulations, the Attorney General’s Office (AGO) has declared it is an unfair or deceptive act or practice for any creditor, including a debt collector, to engage in debt collection activity, including phone calls during the COVID-19 state of emergency period.
The “State […]
March 25, 2020: In response to the COVID-19 state of emergency, the Receivables Management Association International (RMAI) launched a new COVID-19 resource page on the RMAI website.
The COVID-19 resource page features the following resources:
- Updates from RMAI – Member Alerts and Webinars
- RMAI Federal Advocacy Efforts – RMAI letters to The White House; Senate […]
March 24, 2020: In response to the COVID-19 state of emergency, the Receivables Management Association International (RMAI) will issue updates periodically with guidance for our members. While the summary below includes some information we previously communicated on 3/17/20 and 3/20/20, we have also made a few updates to reflect information which has become available since […]
Member Alert: RMAI and the Credit and Collections Industry Introduce Hardship Provisions for Consumers After COVID-19
March 20, 2020: Since the National Emergency was called, RMAI leadership has been working non-stop to monitor state and federal guidance, provide advice and support for our members, and transition association operations to a remote work environment.
Today, RMAI along with several members issued the attached statement to several state governors. Please note the guidance […]
March 17, 2020: In response to the COVID-19 state of emergency declared at the federal level, the Receivables Management Association International (RMAI) is issuing the following announcements and guidance to its members:
1) Work from Home – Beginning on March 17th, RMAI staff will be operating remotely from home. Members are encouraged to continue normal communications […]