Tag Archive

Supreme Court to Review Santander FDCPA Lawsuit

Published on January 17, 2017 By Cucolle1

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 […]

An Open Letter to Santander Consumer USA, Chrysler Capital and MBSi Corp.:

Published on November 16, 2016 By Cucolle1

FOR IMMEDIATE RELEASE November 16, 2016 – Recovery/Repossession businesses across the country recently received a letter from MBSi Corp.—telling these small business owners that they are REQUIRED to purchase and download MBSi’s newest evolution software and operating system, Recovery Connect. Failing to do this, the letter said, would discontinue the ability of the repossession company […]

National Credit Union Collections Alliance (NCUCA) 2017 Conference

Published on November 15, 2016 By Cucolle1

FOR IMMEDIATE RELEASE DALLAS, Texas – November 14, 2016 – Registration has started for the 3rd annual National Credit Union Collections Alliance (NCUCA) for 2017. We are excited to see the lineup that we will have available and the topics that will be discussed. We will be kicking off our conference with Dan Berger NAFCU […]

Come Celebrate CALR’s 54th Annual Convention!

Published on October 21, 2016 By Cucolle1

Come Celebrate CALR’s 54th Annual Convention October 27th- 29th 2016 Knott’s Berry Farm Hotel Families and kids of all ages are welcome! This is a special time of the month for Knott’s Halloween Scary Farm! Limited supply of discounted Knott’s Scary Farm “Haunt” (night tickets) &  Theme park discounted (day) tickets are available at convention. […]

John Stumpf – From Repo Man to the Corner Office at Wells Fargo

Published on October 13, 2016 By Cucolle1

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!

Appeals Court Rules CFPB Structure Unconstitutional

Published on October 12, 2016 By Cucolle1

  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 […]

6th Annual “Gathering of the Eagles” Conference

Published on October 6, 2016 By Cucolle1

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 […]

Allied Finance Adjusters 80th Mid-Year Meeting

Published on October 5, 2016 By Cucolle1

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!

Wells Fargo to Pay $24.1M for Illegal Repossession of Service Members Vehicles

Published on September 30, 2016 By Cucolle1

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!

Changes to UCC Will Change Auto Lending Practices

Published on September 9, 2016 By Cucolle1

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 […]

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