The Receivables Management Association International (RMAI) is forming a new forum which we are calling the RMAI Legal Affairs Working Group. The group will serve as an organized setting for attorneys who are employees, partners, or owners of RMAI member businesses. This new forum will create an opportunity to engage in dialogue and identify problems […]
Act Now – Award Nominations Accepted Through December 1, 2022
Awards Will Be Presented at the 2023 Annual Conference
Nominate an Industry Leader for the Bud Reitzel Award
Considered one of the industry’s founding fathers and a mentor to so many in the industry, Bud Reitzel brought integrity, innovative thinking, and passion to the industry he helped create. […]
RMAI extends its thoughts of support to all of those affected by Hurricane Ian. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the areas of Florida Hurricane Ian, Florida Tropical Storm Ian and South Carolina Hurricane Ian directly affected by these emergencies.
To find out more about all disaster declarations, […]
RMAI RECOMMENDS SUSPENSION OF COMMUNICATIONS TO CONSUMERS AFFECTED BY HURRICANE FIONA AND TROPICAL STORM FIONA
RMAI extends its thoughts of support to all of those affected by Hurricane Fiona and Tropical Storm Fiona. RMAI recommends all members temporarily suspend collection calls and communications to consumers in the areas of Puerto Rico directly affected by these […]
Last week we issued a Member Alert discussing a challenge to an Arizona ballot initiative that would nearly double Arizona’s homestead exemption and almost quadruple the wage exemption. An Arizona trial court has ruled in favor of the ballot initiative and the case is now before the Arizona Supreme Court.
On Friday, RMAI filed a second […]
On August 11, 2022, the Federal Trade Commission (FTC) announced its issuance of an Advance Notice of Proposed Rulemaking (ANPR) wherein it seeks public comment on issues related to “harmful commercial surveillance and lax data security.”
The deadline for submitting comments will be 60 days from the date […]
RMAI filed an amicus curiae brief this week asking an Arizona court to toss out a November ballot initiative that would materially harm judgment creditors by almost doubling the state’s homestead exemption and nearly quadrupling its exemption for wages, among other things.
Under Arizona law, ballot initiatives cannot contain statements that are “objectively false” or contain […]
RMAI is pleased to announce retaining the full-service firm of Cozen O’Connor for attorney general (AG) representation. Cozen O’Connor represents some of the biggest companies in the world, and RMAI and RMAI members will benefit from Cozen O’Connor’s extensive experience and established relationships.
Paul Connell is RMAI’s primary contact with Cozen O’Connor. Connell will attend RMAI’s […]
RMAI is pleased to announce the release of a new educational resource, The Purchase, Sale, and Collection of the Fintech Asset Class. The area where financial service products and technology merge is popularly referred to as fintech. Fintech lending has experienced significant growth in the last several years, leading to an increase in nonperforming accounts. […]
Rhode Island Governor Daniel McKee has signed into law SB 2794/HB 7781 which requires a $50,000 bond for licensed debt collectors in Rhode Island. The bond amount for debt collectors is similar to bond amounts for other businesses in Rhode Island.
Please note that this law takes effect immediately.
RMAI recommends that members collecting debt from Rhode […]