Industry News & Announcements
Timely updates on major developments, regulatory shifts, partnerships, and events impacting the debt collection and financial services landscape.
The Federal Communications Commission is taking a two-pronged approach to its ongoing fight against illegal robocalls, removing 14 voice
Legislative Snapshot Bill: Consumer Financial Protection Accountability and Reform Act of 2026 Jurisdiction: Federal Status: Introduced following release of
Norwegian authorities have seized a Russian vessel at the request of Ukrainian state-owned energy company Naftogaz as the company
A proposed Massachusetts settlement could eliminate thousands of alleged consumer debts and permanently end the defendants’ debt collection operations
The Consumer Financial Protection Bureau is defending the operational changes it made in early 2025 after an Inspector General
California is considering a court rule that could allow trained nonlawyers to provide limited legal assistance to low-income consumers,
A federal judge in Texas has entered a $23,405 default judgment against Cloud City Commercial Capital, LLC, doing business
The South African Revenue Service is intensifying collection of unpaid tax debt, including using its statutory authority to direct
Federal student loan borrowers have until September 30, 2026, to enroll in automatic payments and take advantage of a
American Express National Bank is facing a lawsuit from a consumer who claims the bank reported settled accounts as
Case Snapshot Defendant: Amazon.com Inc. Court: U.S. District Court for the District of Columbia Agencies: U.S. Department of Justice
Capital One Financial Corp. is facing a proposed class action lawsuit in Florida alleging that the company placed debt
Australian Debt Collector Pays $59,400 After Regulator Raises Harassment, Misleading Notice Concerns
Australian debt collection company Marshall Freeman Collections Pty Ltd has paid $59,400 in penalties after the Australian Competition and
Minnesota Attorney General Keith Ellison has reached a settlement with Stevens Community Medical Center (SCMC) requiring the hospital to provide
Case Snapshot Court: U.S. District Court for the Southern District of Florida Case: Zagury v. Puragain Water Decision Date: Aug.
The New York City Department of Consumer and Worker Protection has released a new FAQ addressing its amended debt collection
Case Snapshot Defendant: RentGrow Inc. Court: U.S. District Court for the District of Columbia Agencies: U.S. Department of Justice and
TeleJustice Academy, LLC has launched a 51-book educational library to help consumers better understand federal and state protections against unwanted
Case Snapshot Court: New York Supreme Court, Appellate Division, Second Department Case: Michalczyk v. HSBC Bank USA, N.A., 2026 NY
Case Snapshot Case: Dobronski v. Rocket Mortgage, LLC Court: U.S. District Court for the Eastern District of Michigan Decision Date:
Case Snapshot Court: Superior Court of California, County of San Francisco Case: Receivables Management Association International, et al. v.
The Federal Reserve and Federal Deposit Insurance Corporation (FDIC) have proposed raising several dollar-based thresholds governing extensions of credit by
Alston & Bird LLP is highlighting developments involving ringless voicemail, artificial intelligence, digital consent and biometric privacy in its latest
The UK’s Student Loans Company (SLC) has increased its spending on external debt collection agencies as it steps up
Case Snapshot Court: U.S. Court of Appeals for the Tenth Circuit Case: Richard Thomas Thigpen v. Westlake Services, LLC,
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Latest News
- 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
- The Business of Bad Debt Advice: How Scams Exploit Consumers Struggling With Debt
- Treasury Reportedly Preparing to Hire Private Debt Collectors for Defaulted Student Loans
- Social Security COLA Set at 3.6% for 2027, but FERS Retirees Receive Less