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: Robert Hossfeld v. Allstate Insurance Company Decision Date:
Consumer credit conditions remained resilient in May despite elevated interest rates and affordability pressures, according to VantageScore's latest CreditGauge
TransUnion has released new research examining how relatively small changes in mortgage interest rates could affect housing markets across
Michigan House Advances Second Medical Debt Package Requiring Hospital Financial Assistance Programs
Legislative Snapshot Bills: House Bills 6071, 6072, and 6073 Jurisdiction: Michigan Status: Passed Michigan House of Representatives Key Provisions:
Federal financial regulators have finalized a joint rule establishing common data standards under the Financial Data Transparency Act of
Case Snapshot Court: Circuit Court of St. Louis County, Missouri Case: Starling v. Farmers Insurance Exchange Settlement Amount: $2.875
Case Snapshot Court: U.S. District Court for the District of Arizona Case: Daniel D’Agostino v. Circle K Stores Incorporated Citation:
The New York City Department of Consumer and Worker Protection (DCWP) has released new compliance resources to help debt collectors
Legislative Snapshot Bill: House Bills 5254 and 5255 (Medical Debt Protection Act) Jurisdiction: Michigan Status: Passed Michigan House of Representatives,
Egypt’s Financial Regulatory Authority (FRA) has officially registered EGY SERV and Egyptian International as the first debt collection companies
The suit argues the state issued unlawful assessments under the Debt Collection Licensing Act, driving businesses out of the
Former Broward County Public Defender Brings Trial Experience to the Firm’s Creditors’ Rights Litigation Practice. Pollack & Rosen is
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New product offers an alternative to traditional debt sale, using real performance data and existing client relationships to remove
The Consumer Financial Protection Bureau (CFPB) released a new Data Spotlight this month, providing a deep dive into the
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Veteran collections leader brings deep operational expertise and a consumer-centered approach to advancing Krew’s AI-powered servicing and collections platform
Landmark Strategy Group is pleased to announce the hiring of Jose Rivera as the company’s new Client and Operations
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By Nick Cherry, Divisional CEO, Phillips & Cohen Associates, Ltd. I spend a lot of time talking with credit
Attorney Brings Litigation and Government Experience to Support Firm’s Creditor Representation Practice Pollack & Rosen is pleased to announce
The debt collection industry is increasingly adopting the language of “resolution” as firms expand self-service tools, simplify consumer communications
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February 24, 2026 (Sacramento, CA) – The Receivables Management Association International (RMAI) announces the adoption of version 14.0 of
New York Governor Kathy Hochul signed legislation amending the state’s general business law to establish a right of action
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More than half of large debt collection companies are using AI, according to TransUnion's new Debt Collections Industry Report.
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Background A leading Fortune 500 integrated energy provider, serving approximately 3 million customers across multiple U.S. states, needed a
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By: Nick Cherry, Divisional CEO at Phillips & Cohen Associates, Ltd. I spend a lot of time with credit
As the collections industry continues to evolve, law firms are adopting new strategies to stay competitive and meet the needs
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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