Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
South Korea is moving to curb a long-standing debt collection practice that has allowed financial institutions to extend the
A major restructuring of the federal student loan system may soon be written into law. House Republicans have introduced
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
Rhode Island has enacted new financial and governance requirements for certain nonbank mortgage servicers. The legislation reflects a broader trend
Case Snapshot Court: U.S. District Court for the District of Oregon Case: Wilson v. MAH Group, Inc., No. 6:25-cv-00855-MTK Decision
Farmers Insurance has agreed to pay $2.87 million to resolve a class action lawsuit alleging violations of the Telephone
Case Snapshot Court: U.S. District Court for the Central District of California Case: Model v. LendingTree, Inc., No. 8:26-cv-01749
The Consumer Financial Protection Bureau has taken the first procedural step toward revisiting federal regulation of credit card late
Former Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has officially been sworn in as secretary of California's newly
Small business borrowers with delinquent COVID-19 Economic Injury Disaster Loan (EIDL) balances are raising questions about whether they received
The Australian Competition and Consumer Commission (ACCC) has filed proceedings in the Federal Court against debt collection agency ARMA
Atlanta and Miami ranked among the U.S. metropolitan areas with the highest rates of debt collection complaints in 2025,
Council tax arrears owed to local authorities in England climbed to a record £7.4 billion during the 2025-26 financial
The U.S. Department of Education has reclassified most graduate theology programs as nonprofessional for federal student loan purposes, reducing the
Merchants Bank of Indiana has filed an interpleader action in federal court after receiving conflicting demands over more than
Case Snapshot Court: U.S. District Court for the District of Delaware Case: Neal v. Transworld Systems, Inc. Decision Date:
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