Personal property law

Convoke Adds Complaints Management Feature to its Platform

Retrieved on: 
Monday, May 14, 2018

Each year, Convoke develops and releases several updates to its platform to support its clients' evolving needs.

Key Points: 
  • Each year, Convoke develops and releases several updates to its platform to support its clients' evolving needs.
  • This latest major release includes the introduction of Convoke's consumer complaints management feature, and the expansion of its auto repossession functionality.
  • Convoke's complaints management system allows credit issuers to track and manage consumer complaints with their registered vendors.
  • Convoke is headquartered in Arlington, VA. For more information on Convoke, please visit www.convokesystems.com .

California Voluntary Disclosure Program for Unclaimed Property Proposed

Retrieved on: 
Friday, April 20, 2018

However, on February 16, 2018, a bill was introduced in the California Assembly, which would create a Voluntary Disclosure Agreement (VDA).

Key Points: 
  • However, on February 16, 2018, a bill was introduced in the California Assembly, which would create a Voluntary Disclosure Agreement (VDA).
  • An unclaimed property VDA is a program that is similar to a tax amnesty program in that it would allow companies to report past due unclaimed property without being assessed interest or other penalties.
  • Because California actively seeks out companies with unclaimed property compliance gaps and imposes very significant interest assessments for reporting unclaimed property late, the proposed VDA would present a good opportunity for companies operating in that state to lower their unclaimed property liability risk.
  • To learn more about your company's potential unclaimed property liability risk in California and ways to reduce that risk, please reach out to one of Ryan's unclaimed property professionals.