Fair Debt Collection Practices Act

Dealing With Debt Collectors? Here’s What You Need to Know About Your Rights

Retrieved on: 
Wednesday, October 11, 2023

Debt collectors are often a huge source of anxiety for consumers behind on payments, underscoring the need to keep thorough records of all communications.

Key Points: 
  • Debt collectors are often a huge source of anxiety for consumers behind on payments, underscoring the need to keep thorough records of all communications.
  • Then, the debt will need to be verified by the collector.
  • Right to ensure the debt is legitimate: Before giving any personal information, ask the collector’s name, debt collection company, company address and phone number.
  • If you believe a debt collector is violating the FDCPA, you can file a complaint online or call (855) 411-2372.

COHN & DUSSI ATTORNEY ANDREW B. GLAAB NAMED TO 2023 NEXTGEN 40 UNDER 40 LIST BY MONITOR DAILY

Retrieved on: 
Wednesday, September 20, 2023

BOSTON, Sept. 20, 2023 /PRNewswire/ -- Cohn & Dussi , a full-service law firm with its principal office in Boston, is pleased to announce that Attorney Andrew B. Glaab has been named to the 2023 NextGen Leaders 40 Under 40 List.

Key Points: 
  • BOSTON, Sept. 20, 2023 /PRNewswire/ -- Cohn & Dussi , a full-service law firm with its principal office in Boston, is pleased to announce that Attorney Andrew B. Glaab has been named to the 2023 NextGen Leaders 40 Under 40 List.
  • The NextGen Leaders 40 Under 40 List , published annually by Monitor Daily, spotlights emerging talents in the equipment finance space and highlights individuals who are pioneering innovative paths within the industry.
  • Monitor Daily is recognized as the authoritative publication within the equipment finance sector.
  • In addition to Monitor Daily's Next Gen Leaders List, Glaab was named to the Super Lawyers Rising Stars List in 2022 and 2023 and to the Boston Magazine Top Lawyers List in 2022.

Hat trick? FTC charges violations in auto loan servicing, debt collection, credit reporting

Retrieved on: 
Wednesday, June 21, 2023

Hat trick? FTC charges violations in auto loan servicing, debt collection, credit reporting Sometimes good things come in threes, like Musketeers, Bronte sisters, and Stooges.  (Shemp doesn’t count.

Key Points: 

Hat trick? FTC charges violations in auto loan servicing, debt collection, credit reporting

    • Sometimes good things come in threes, like Musketeers, Bronte sisters, and Stooges.  (Shemp doesn’t count.
    • )  But the FTC’s complaint against Consumer Portfolio Services charges the company with three distinct sets of violations – unlawful auto loan servicing, illegal debt collection, and violations of the Fair Credit Reporting Act’s Furnisher Rule – all of which spelled triple trouble for consumers.  But there’s relief on the way in the form of a multimillion dollar settlement with provisions that will change how CPS does business from here on in.
    •  In other instances, CPS allegedly increased people’s balances through a combination of human error, poor quality control, and faulty computer programming.
    • Debt collection.  The FTC took issue with CPS’s practices when it was collecting debts consumers owed the company and when it was acting as a debt collector for others.
    • To make sure CPS honors the protections of the Furnisher Rule, the company must implement written policies and beef up its procedures for handling consumer disputes.
    • Read the complaint and order for details, but here are three tips companies can take from the case:

Greenberg Traurig's Tonya M. Esposito to Speak at ACC Foundation's Global Women in Law & Leadership Symposium at the United Nations

Retrieved on: 
Tuesday, June 20, 2023

WASHINGTON, June 20, 2023 /PRNewswire-PRWeb/ -- Tonya M. Esposito, a Litigation Practice Shareholder in the Washington, D.C. office of global law firm Greenberg Traurig, LLP, will speak at the Association of Corporate Counsel Foundation's Global Women in Law & Leadership Symposium and Honors Dinner June 21, at the United Nation's Delegates Dining Room, in New York City. Esposito will speak on the panel "The Global Rise of Women in the Workplace". The symposium will include networking opportunities and programing focused on exploring trends and empowering women leaders. The dinner will feature distinguished honorees who have made significant contributions to the legal profession, excel as leaders, and have been instrumental in advancing opportunities for women around the world. These include New York Stock Exchange Chair Sharon Bowen; Bill & Melinda Gates Foundation Senior Advisor and former CLO & COO Connie Collingsworth; and Lawyer Mia Yamamoto. Learn more here: https://web.cvent.com/event/0ea7ccd2-4fe8-48ff-aae4-26cf695626a6/summary

Key Points: 
  • Tonya M. Esposito, a Litigation Practice Shareholder in the Washington, D.C. office of global law firm Greenberg Traurig, LLP, will speak at the Association of Corporate Counsel Foundation's Global Women in Law & Leadership Symposium and Honors Dinner June 21, at the United Nation's Delegates Dining Room, in New York City.
  • WASHINGTON, June 20, 2023 /PRNewswire-PRWeb/ -- Tonya M. Esposito , a Litigation Practice Shareholder in the Washington, D.C. office of global law firm Greenberg Traurig, LLP , will speak at the Association of Corporate Counsel Foundation's Global Women in Law & Leadership Symposium and Honors Dinner June 21, at the United Nation's Delegates Dining Room, in New York City.
  • Esposito will speak on the panel "The Global Rise of Women in the Workplace".
  • The symposium will include networking opportunities and programing focused on exploring trends and empowering women leaders.

Gryphon.ai Announces Gryph for Collections for AI-powered Collections Compliance

Retrieved on: 
Tuesday, June 6, 2023

BOSTON, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon.ai, the leader in compliance and AI-powered conversation intelligence, today announced a new product offering, Gryph for Collections. As an extension of Gryph for Compliance, Gryph for Collections provides consumer debt collections teams with real-time call screening and blocking to prevent violations of the Telephone Consumer Privacy Act (TCPA), the Fair Debt Collection Practices Act (FDCPA), and penalties from the Consumer Financial Protection Bureau (CFPB). Gryphon's comprehensive compliance solution alleviates the risk of non-compliance for enterprises and offers automated auditing capabilities, ensuring all outbound communications are protected.

Key Points: 
  • BOSTON, June 6, 2023 /PRNewswire-PRWeb/ -- Gryphon.ai , the leader in compliance and AI-powered conversation intelligence, today announced a new product offering, Gryph for Collections.
  • As an extension of Gryph for Compliance, Gryph for Collections provides consumer debt collections teams with real-time call screening and blocking to prevent violations of the Telephone Consumer Privacy Act (TCPA), the Fair Debt Collection Practices Act (FDCPA), and penalties from the Consumer Financial Protection Bureau (CFPB).
  • Gryphon's comprehensive compliance solution alleviates the risk of non-compliance for enterprises and offers automated auditing capabilities, ensuring all outbound communications are protected.
  • To solve this gap in collections compliance, Gryph for Collections helps enterprises avoid costly mistakes before they happen by eliminating potential violations to TCPA, CFPB, FDCPA, state regulations and other risk factors that pertain to debt collection.

Is my UCC Lien Illegal? Several factors must be considered to ensure that a UCC lien is legal and enforceable

Retrieved on: 
Thursday, March 16, 2023

YARDLEY, Pa., March 16, 2023 /PRNewswire-PRWeb/ -- A Uniform Commercial Code (UCC) lien is a type of security interest that allows a creditor to seize personal property from a debtor if the debtor fails to pay a debt. It is a legal tool used to secure debt repayment that is governed by state law. In commercial transactions such as secured loans and equipment leases, UCC liens are frequently used.

Key Points: 
  • However, it is critical to ensure that the lien is properly filed, continue reading for insight from Frank Lindner and his firm.
  • Several factors must be considered to ensure that a UCC lien is legal and enforceable.
  • Aside from proper filing, the creditor must also have the legal authority to file a UCC lien.
  • If you are unsure whether your UCC lien is legal, you should speak with a qualified attorney who can review your situation and advise you.

Acqueon Ignites Financial Services Growth and Strong Q4 Close With Major News About FDCPA Compliance Release

Retrieved on: 
Wednesday, February 22, 2023

DALLAS, Feb. 22, 2023 /PRNewswire-PRWeb/ -- Acqueon, a leading provider of omnichannel customer engagement software, today confirmed the launch of its highly anticipated Reg F compliance solution. Addressing compliance requirements of the Fair Debt Collection Practices Act (FDCPA) for Collections and Contact Center teams, the new capabilities are built into Acqueon's industry-leading Campaign Manager and add fast, measurable value to an already unrivaled contact center compliance suite used by 200+ enterprises globally. With the new Reg F compliance module, enterprises can future-proof customer engagement strategies by adjusting campaign dialing for adherence to state-specific and ever-changing requirements.

Key Points: 
  • DALLAS, Feb. 22, 2023 /PRNewswire-PRWeb/ -- Acqueon , a leading provider of omnichannel customer engagement software, today confirmed the launch of its highly anticipated Reg F compliance solution.
  • With the new Reg F compliance module, enterprises can future-proof customer engagement strategies by adjusting campaign dialing for adherence to state-specific and ever-changing requirements.
  • Built-in FDCPA compliance capabilities answer an immediate need for one of Acqueon's most prevalent and critical customer use cases: Collections Compliance.
  • Preventing high-risk and costly violations, the FDCPA module rounds out what's considered to be the most comprehensive contact center compliance solution on the market.