Average Credit Card Balance Increased by $1,000 During Holidays, Consumers Expect To Spend Most of 2018 Paying It Off
The average consumer accumulated nearly $1,000 of debt during the holidays and are planning on spending most of 2018 paying...
Debt Buyer Settles Charges With State AG By Turning Over Accounts
The attorney general of Georgia now appears to be the owner of $8.8 million of receivables that have been turned...
Lack of Validation Safe Harbor Causes Concern With New Oregon Law
Debt collectors attempting to collect debts from residents of Oregon are facing a significant liability risk because a law requiring...
Wortman Shares Vision Behind Move to New Firm
Growing up, Scott E. Wortman would see the Chrysler Building in New York and wonder what it would be like...
Daily Digest – January 9. District Court Rules Fully Undisputed Claim Necessary For Involuntary BK; Financial Service Groups Request Federal Data Security Law
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio...
District Court Rules Creditor Must Have Fully Undisputed Claim To Petition For Involuntary Bankruptcy
A District Court judge in Nevada has ruled that a creditor must have a fully undisputed claim in order to...
Consumer Credit Outstanding Jumps To 17-Year High in November: Fed
The amount of consumer credit outstanding in the United States had its highest one-month gain in 16 years in November,...
City of Joliet Looks To Law Firm To Help Improve Debt Collection Efforts
The city of Joliet, Ill., has hired Linebarger Goggan Blair & Sampson as the third collection agency to help it recover...
Financial Services Groups Request Federal Data Security Law
A group of nearly two dozen financial services trade groups, but none of the ARM industry associations, have submitted a...
Daily Digest – January 8. Plaintiff Called Out For ‘Ruse’ in TCPA Case; Credit Bureaus Sued For Failing To Update Credit Reports
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio...
