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 […]
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 […]
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 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. […]
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 […]