Washington, DC – 13 January 2017 – The U.S. Supreme Court on Friday agreed to decide whether firms collecting on debt they bought for pennies on the dollar can be held liable in lawsuits brought by debtors they targeted under a federal law cracking down on debt collectors’ abusive practices. The justices agreed to review […]
October 13, 2016 – By now, we’re all familiar with the Wells Fargo Banking scandals, but what many may not know, is the humble beginnings of the now despised and displaced CEO John Stumpf had taken on his way to the top of one of the largest Banks in the world. Read More!
Federal three-judge panel rules CFPB’s structure is unconstitutional but rejects idea of shutting down agency A federal appeals court delivered a strong rebuke to the government’s new consumer-finance watchdog, declaring the agency’s unusual independence to be unconstitutional, and ordering its powers be curbed. The Tuesday ruling was the latest legal setback to the Obama […]
FOR IMMEDIATE RELEASE The members of EAGLE GROUP XX held their sixth annual “Gathering of the Eagles” Conference at the DFW Hyatt Regency on October 1, 2016. There were numerous industry related issues from hi-tech data providers to the current state of the insurance issues in the recovery industry and subject matter experts like Mike […]
Golden Nugget Hotel & Casino Las Vegas, NV – Sept 21st -23rd, 2016 All 95 attendees at the Allied Finance Adjusters Mid Year meeting hit the JACKPOT! Along with the camaraderie and networking, which was amazing, there was top notch education. Read More!
The reputation of Wells Fargo & Co. took another blow Thursday when it agreed to pay $24 million for the improper repossession of cars owned by members of the U.S. military. Read More!
Guest Editorial The National Consumer Law Center (NCLC) is proposing major changes to article 9 of the Universal Commercial Code (UCC) which would materially affect consumer lending and how repossessions are done. If states adopt this latest proposed revision of the UCC, it would dramatically change repossession and lending practices and increase the potential for […]
Legal Experts Will Talk About How Agents, Lenders Can Stay Compliant August 16, 2016 – RepoPulse.com is excited to host a free webinar on Thursday, August 18 at 1pm EDT to help make sure repossession agents and auto lenders are not getting caught up in the growing number of legal cases alleging violations of the […]
PRESS RELEASE FORT WORTH, TX 04/12/2016 – Digital Recognition Network (DRN) (www.DRNData.com) announced today that the company has entered into a settlement agreement to resolve the litigation accusing Four Repossession Agencies (Agents) of breaching their license agreements with DRN, misappropriating DRN’s trade secrets, and violating the Federal Computer Fraud and Abuse Act and Texas’ Harmful […]
Lansing, MI – March 23, 2016 – Despite clear administrative and judicial rulings from 2014 & 2015, declaring PAR to be a “Debt Collection Agency” by definition under Michigan Law, PAR appears undaunted and continues in it’s attempts to thwart any attempt to limit its doing business in the State of Michigan or be defined […]