The CFPB’s edits to the FDCPA’s Regulation F were a game-changer, and for those who were unprepared, it has impacted their client’s revenue. Compliance with these changes doesn’t have to be intimidating. Professional Credit is an industry resource for Reg…
Professional’s in-house experts put their heads together to provide a simple guide for creditors on the nuances of the CFPB’s Regulation F, the new rules impacting the FDCPA that go into effect on November 30th. The white paper, “Regulation F:…
Read More New White Paper Provides Simple Instructions for Creditors Impacted by Regulation F
At the end of November, the CFPB’s new rules concerning debt collection, specifically Regulation F, 12 C.F.R. part 1006, go into effect. While this rule is focused on debt collection, it also impacts any creditor that falls subject to the Fair…
The CFPB’s new rules concerning debt collections, specifically Regulation F, 12 C.F.R. part 1006, go into effect on the 30th of November. While these rules mostly impact third-party collection partners, we thought it would be helpful to post a brief…
Read More November Brings Changes to the FDCPA via Regulation F
HFMA joined with ACA International to develop a task force to establish comprehensive guidelines for the fair resolution of patient medical debt. The report they developed, released last week, touches on best practices for each step of the patient journey,…
Read More HFMA’s New Recommended Consent Language for Patient Communications
The FDCPA regulates “cruel or deceptive” collection practices. These regulations explicitly prohibit any behaviors that could be construed as intimidating, including misrepresentation and false threats of legal action as well as abusive language and aggressive tone. We put our agents…
Read More FDCPA Compliance, Technology Tools, and the Consumer Experience
In the aftermath of the Ferguson Report, local courts face increased scrutiny when it comes to collecting fines and fees. Considering the ongoing funding crisis local governments face, this revenue still plays a critical part in operational budgets – despite the…
Read More Compliant and Ethical Court Collections, Part Four: Collection Partners
In the aftermath of Ferguson, Court systems face increased scrutiny when it comes to collecting and recuperating costs from fines and fees. Considering the ongoing funding crisis local governments face, this revenue still plays a critical part in operational budgets- despite…
Read More Compliant and Ethical Court Collections, Part Two: Standardize
In the aftermath of Ferguson in 2015, the U.S. Department of Justice (DOJ) alleged, among other things, that the City’s conduct related to the imposition and enforcement of fines and fees for traffic and other municipal code violations was unconstitutional.…
Read More Compliant and Ethical Court Collections, Part One: Messaging
