A Small Amount Of Interest
Several websites that cover the ARM space reported about a decision last week out of Nevada, dealing with the issue of when a collection agency could charge interest on a…
What is in a name?
In the debt collections industry, sharing your corporate name isn’t just a good idea. It is the law. Debt collectors, when they are trying to collect a debt, must disclose…
New laws on the horizon
Mark Twain once allegedly quipped, “No man’s life, liberty or property is safe when the legislature is in session.” In January, most state legislatures open new sessions and with new…
The $3.2 million dollar headache
Some compliance issues seem obvious. One of the biggest is that you cannot take someone’s money from their bank account without their consent. According to the Consumer Finance Protection Bureau…
Have it in writing
Have it in writing There is an old adage about attorneys telling clients not to put anything in writing. The theory being something in writing can come back to hurt…
Compliance Matters
Brian Fair was having a very bad day. It is never good when the Attorney General of a state sues you. In this case, the Attorney General of Washington…
Autodialers: What next?
On Friday, September 21st, the Ninth Circuit Court of Appeals (which covers most of the states in the western United States), issued its long-awaited opinion in the case of Marks…