Collections news at your fingertips

Stay up-to-date with the latest news and developments in the collections industry.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

August

22
2023
Industry News

For business opportunity sellers, FTC says “AI” stands for “allegedly inaccurate”

Even with four months to go, we predict the 2023 Phrase of the Year will be “artificial intelligence.” But like a discount utensil packaged in one of those pale blue gift boxes, some marketers are using the term to conceal that what they’re peddling is nothing more than old-school deception.

Read post

August

21
2023
Industry News

Tenth Circuit Affirms Sanctions Against Plaintiff’s Attorney

In a recent appellate decision, a 10th Circuit Court has upheld the award of attorney’s fees under 28 U.S.C. Section 1927, a statute that allows monetary sanctions when an attorney has unreasonably and vexatiously prolonged legal proceedings. The case involves an appeal by appellant Katie Hammer against the district court’s revised award of attorney’s fees.

Read post

August

21
2023
Trends

CFPB Bites of the Month - August 2023 - School Bells Ringing Loud and Clear, Vacation's Over, CFPB is Near

In this month's article, we share some of our top "bites" for the prior month covered during the August 2023 webinar.

Read post

August

21
2023
Industry News

Oregon Bankruptcy Court Decides a Post-Foreclosure, but Post-Petition Eviction of a Borrower Violates the Automatic Stay

On August 4, 2023, the bankruptcy court for the District of Oregon determined that proposed actions by a lender to enforce a pre-bankruptcy petition foreclosure judgment and evict a borrower—after the borrower filed for bankruptcy—were in violation of the automatic stay.

Read post

August

21
2023
Industry News

California Regulator Finalizes Rule Expanding UDAAP Authority to Commercial Financing

On Aug. 2, 2023, California’s Department of Financial Protection and Innovation (DFPI) released a new rule expanding its authority to regulate unfair, deceptive, and abusive acts and practices (UDAAP)

Read post

Weekly newsletter

Get DebtHub's weekly newsletter, packed with the latest economic trends, compliance news, and strategy insights that matter to collections professionals like you.