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. District Court for the Northern District of California Case: Caroline Wong v. LaserAway, LLC, No.
Legislative Snapshot Bill: Senate Bill 992 Jurisdiction: Pennsylvania Status: Signed into law by Gov. Josh Shapiro Effective Date: Oct.
A new report from The Pew Charitable Trusts found that debt collection lawsuits continue to increase across several U.S.
Egypt’s Financial Regulatory Authority (FRA) has extended the grace period for companies and entities operating in the non-banking financial
The Consumer Data Industry Association (CDIA) has approved a new Metro 2 Special Comment Code designed to give lenders
The U.S. Senate Committee on Banking, Housing, and Urban Affairs has scheduled a confirmation hearing for Brian Johnson, President
The U.S. Small Business Administration (SBA) has suspended 7,800 borrowers in Wisconsin who are allegedly connected to approximately $375
The Canadian Home Improvement Credit Corporation (CHICC) has agreed to refund approximately C$113,000 to affected consumers in British Columbia following
Court Case Snapshot Case Name: Arizona ex rel. Mayes v. Michael D. Lansky, L.L.C., et al. Court: U.S. District Court
State and local courts across the United States continued to experience a sharp increase in consumer debt collection lawsuits
As 2026 unfolded, one trend became impossible to ignore: state legislatures are no longer waiting on federal direction. Instead, they
A new market forecast from Verified Market Reports projects continued growth for the global debt collection services industry over the
Abstract: Landmark Strategy Group has appointed Jamie Burns-Ostapenko as Senior Director of Outsourcing. Burns-Ostapenko brings deep experience in outsourcing,
Case Snapshot Court: U.S. District Court for the District of Columbia Case: National Fair Housing Alliance et al. v.
South Korea's Financial Services Commission (FSC) has unveiled sweeping reforms that would fundamentally reshape the country's purchased receivables collection
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
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Latest News
- 43 States Reach $183.5 Million Settlement With Acima Over Debt Collection and Rent-to-Own Practices
- UK Expands Tax Debt Collection With £70 Million Investment and New Recovery Powers
- Microsoft 365 Outage Disrupts U.S. Courts, Government Operations and Business Communications
- Why Repeatability Matters More Than Novelty in Receivables Technology
- U.S. Household Debt Reaches $19.1 Trillion as Collections Remain Near Historic Lows