On February 26, DBA International hosted a live Symposium in New York City with representatives from the New York State Department of Financial Services (DFS), the New York State Office of Court Administration (OCA), and the New York City Department of Consumer Affairs (DCA). The Symposium was designed to help companies prepare to implement not […]
Yesterday, the Sixth Circuit Court of Appeals held that a collection letter offering a “settlement” on a debt subject to an expired limitations period (sometimes called a “time-barred debt”), could violate the Fair Debt Collection Practices Act (FDCPA) 15 U.S.C. § 1692 et seq. The decision in Buchanan v. Northland Group only allows the FDCPA […]
SACRAMENTO, CA, November 13, 2014 – DBA International, the voice of the debt buying industry, commends the Federal Trade Commission (FTC) on its leadership role in the recently announced security measures that provide guidance to ensure that adequate security protocols are followed which offer greater protection of consumer data during the review of portfolios in […]
DBA Urges Caution When Reviewing State Licensure Requirements
Based on a series of state court decisions over the last several years, DBA International urges its members to carefully examine whether their companies should be licensed (and/or bonded) in states that license third party collection agencies.
Increasingly, state courts are taking an […]
DBA International applauds the New York State Unified Court System’s Office of Court Administration (OCA) for incorporating DBA International’s recommendations in the final rules on debt collection, which were issued today.
DBA International […]
DBA International Offers Intro Survey Course on Debt Buying at
Debt Connection Symposium and Expo 2014!
DBA International is offering the required Introductory Survey Course on Debt Buying at the Debt Connection Symposium and Expo (DCS2014) as a pre-conference workshop on Tuesday, September 9, 2014 from 1:00-5:00 p.m.
DCS2014 runs from […]
OCC Issued Guidance Supports the Sale and Resale
of Debt in a Responsible Manner
The Office of the Comptroller of the Currency (OCC) issued Risk Management Guidance on August 4, 2014 to national banks and federal savings associations on the application of consumer protection requirements and safe and sound banking practices to consumer […]
New York Proposed Rules – Part 2
This week the New York Department of Financial Services (DFS) published the long anticipated revision of their proposed regulations on debt collection. In August 2013, DFS first proposed sweeping regulatory reforms on pre-litigation debt collection. DBA took a proactive leadership position in this year-long discussion […]
Recent Developments That All DBA International Debt Buying
Members Should Know
Recent regulatory and legal developments could affect the manner in which your company collects on purchased receivables. While each of these developments are limited to a particular state or jurisdiction, DBA International advises all members to review your business practices and […]
DBA International Supports Jump$tart Financial Literacy Initiatives
Proceeds from DBA International’s golf tournament, held in conjunction with its 2014 Annual Conference, were awarded to the Jump$tart Coalition®.
The Jump$tart Coalition is a national coalition of organizations dedicated to improving the financial literacy of kindergarten through college-age youth by providing advocacy, research, […]