POLICIES & PROCEDURES TEMPLATE NOW AVAILABLE FOR COLLECTION AGENCIES, LAW FIRMS, AND BROKERS
RMA is pleased to announce that it has created Certification Policy & Procedure templates for collection agencies, law firms, and brokers seeking RMA Certification. Many of our members have found the existing debt buying template useful and expressed a desire to have similar […]
Bringing valuable educational resources is an important part of helping RMA members stay on top of today’s most pressing regulatory developments and issues. Please join us on August 22nd for an informative webinar led by Helen Mac Murray, RMA’s Attorneys General Consultant and Partner at Mac Murray & Shuster, LLP. We are proud to co-sponsor […]
The RMA Certification Council has formally adopted version 5.1 of the Receivables Management Certification Program (RMCP) after a six month deliberation, drafting, and review process. As always, these program requirements have been designed to be prospective and will be tied to a certified company’s next renewal after August 1, 2017. The most significant change in […]
Yesterday, Oregon HB 2356, a debt buyer bill introduced by Oregon Attorney General Ellen Rosenblum, passed in the Senate after having passed the House a week earlier. RMA anticipates that this bill will be signed into law by Governor Kate Brown.
This will be a highly complex law that needs the careful review of all […]
The Receivables Management Association International is seeking individuals who are interested in serving on the Certification Council—the governing body for the Receivables Management Certification Program. This is a unique opportunity to get involved with your association by sharing your expertise and honing your leadership skills.
The 11-member volunteer Council has one vacancy to represent the following […]
MAINE DEBT BUYER BILL SIGNED BY GOVERNOR
On Friday, June 16th, Gov. Paul LePage of Maine signed into law HP 836/LD 1199 as Public Law 216 of 2017 which adds new requirements to the Maine Fair Debt Collection Practices Act for debt buying companies looking to collect on the accounts of Maine […]
Under an opinion delivered today by the U.S. Supreme Court, a purchaser of a defaulted debt who then seeks to collect the debt for itself is not a “debt collector” subject to the federal Fair Debt Collection Practices Act.
The issue before the Court was whether a purchaser of defaulted debt meets the FDCPA’s definition […]
Long-time industry contributor Patricia “Trish” Baxter, Esq. passed away on May 19, 2017. At the time of her death she was working for PRA Group, Inc. as Counsel-Insolvency Services. Prior to joining PRA Group, Inc. she had been a sole practitioner representing clients in the accounts receivables management industry on regulatory compliance and litigation matters. […]
Yesterday, Colorado Gov. John Hickenlooper signed into law the extension of the state’s Fair Debt Collection Practices Act. For important information on the act, including changes that impact debt buying companies, please see RMA’s May 19th member alert. Below is the Governor’s bill signing ceremony which RMA members Sonia Gibson (Encore) and Laura Jensen (Absolute Resolutions) […]