Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
Case Snapshot Court: U.S. Court of Appeals for the Seventh Circuit Case: Steidinger v. Blackstone Medical Services, No. 25-2398
Michigan Gov. Gretchen Whitmer has vetoed two debt collection and garnishment bills that had been delayed for more than
Pennsylvania is seeing significant changes affecting the accounts receivable management industry, with new court procedures aimed at speeding up
A Kansas nonprofit hospital has agreed to settle 11 medical debt collection cases. The lawsuits alleged that patients who
A new national poll released by the Center for Responsible Lending (CRL) and Americans for Financial Reform (AFR) indicates that
Brazil has moved a step closer to strengthening consumer protections against unwanted telephone calls. This happened after a Senate
More than 1.3 million Australian small businesses collectively owe significant tax debt to the Australian Taxation Office (ATO), with
The Consumer Financial Protection Bureau has paused plans to reduce its workforce until a permanent director is confirmed, as
Delaware has enacted a sweeping package of financial services legislation aimed at modernizing the state's banking laws and preparing
The average American now owes significantly more than they earn in a year, highlighting the growing financial pressure facing
Case Snapshot Court: Colorado Supreme Court Case: Wright v. Portfolio Recovery Associates, LLC Decision Date: May 26, 2026 Core
Virginia's unemployment insurance program wrote off roughly $300 million in overpayments while recovering only about $6 million over a
Abstract: Landmark Strategy Group is pleased to announce the appointment of Jeff Burgess as Director of Legal Network. With 28
GREENVILLE, S.C. – InvestiNet, a full-service collections and recovery partner in the accounts receivable industry, is proud to celebrate
Case Snapshot Court: U.S. District Court for the Central District of California Case: Long v. Rocket Mortgage, LLC Filing
Legislative Snapshot Bill: House Bill 444, Uniform Consumer Debt Default Judgments Act Jurisdiction: Virginia Signed Into Law: April 8,
Maryland will broaden sponsorship eligibility and loosen employment restrictions for affiliated insurance producer-mortgage loan originators under legislation signed by
The Federal Reserve Board is seeking public comment on a proposal that would establish a new type of “payment account”
Case Snapshot Court: Circuit Court of Cook County, Illinois Case: Smith v. Alliance Collection Agencies, Inc. Core Issue: Whether an
The Federal Reserve’s latest Financial Stability Report found that the U.S. financial system remained resilient overall, though officials warned that
Case Snapshot Court: Colorado Supreme Court Case: VP Fruition Holdings, LLC v. Joel Farkas Core Issue: Whether creditors must first
Case Snapshot Court: U.S. District Court for the District of New Jersey Case: Zelma v. Wonder Group Inc. Decision
Illinois House Bill 4461 has passed both chambers and is headed to Gov. JB Pritzker, advancing a proposed restriction
More than 3.6 million federal student loan borrowers entered default over the past two quarters as the long-delayed consequences
Abstract: Debt collection plays a critical role in sustaining the credit ecosystem by managing repayment risk, enabling lenders to
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Latest News
- Snap Finance Reaches $664.9 Million Settlement With 17 States Over Lease-to-Own Practices
- Federal Court Preserves Jury Trial Rights in FTC Debt Relief Enforcement Case
- Alabama Court Rejects I.C. System’s Bona Fide Error Defense in FDCPA Case
- TransUnion Launches Fraud Scores for Credit Denials, Targeting Credit Washing and Synthetic Identities
- South Korea Debt Collection Outsourcing Surges 14.6% as Lenders Cut Costs