News

Bill to Protect Courts' Authority to Regulate and Oversee the Legal Profession

We're excited to announce that earlier today Representative Scott Fitzgerald (R-WI) introduced H.R. 7947 of the 118th Congress, a bill to protect state and federal courts' authority to regulate and oversee the legal profession. The bill has been assigned to both the House Judiciary Committee (HJC)... Continue Reading

Demystifying AI: A Small Business Leader’s Glossary for 2024

This article was written and originally posted by TechHouse. NCBA is reposting as part of our Artificial Intelligence Learning Series with their permission. In 2024, small business leaders must decode the intricacies of artificial intelligence (AI). Mastery of these pivotal terms will empower you... Continue Reading

Artificial Intelligence Learning Series

AI is everywhere these days and everyone seems to be talking about it. They even say it's going to change the future of work. But how? What does AI really mean for your work and the creditors rights industry? We hope to provide answers to these questions and more through our new AI Learning Series... Continue Reading

NCBA Foundation Receives $50,000 Pledge from Barron & Newburger Foundation

2024 Scholarship Program Application Forms Now Available Continue Reading

Out with the Old... Files! Ring in the New Year.

By Joel Rosenthal, ProVest Vice President, Head of Credit Collections Business Development & Client Relations There’s nothing like the fresh start a new calendar year offers. New and loyal clients. Updated strategies. And an eager team ready to tackle industry challenges and... Continue Reading

CFPB Director's Congressional Testimony

On November 29, CFPB Director, Rohit Chopra, testified to the House Financial Services Committee (HFS) for the "Semi-Annual Report of the Bureau of Consumer Financial Protection" and before the Senate Banking Committee (SB) on November 30. Industry Impact One of the top issued discussed which... Continue Reading

You Don’t Need a Crystal Ball to Predict Industry Volume Trends

Federal Reserve Indicators are Predictors of Collection Industry Accounts Volume Continue Reading

Advocacy Update October 2023

Here’s the latest news of what’s happening in Washington and specific NCBA advocacy initiatives that we and our lobbyists have been engaged in over the past several weeks. Advocacy Support Fund and NCBA PAC donors receive a more detailed version of the update below, plus opportunities... Continue Reading

Lexington Law and Creditrepair.com Enter $2.7 Billion Settlement with CFPB

Earlier this week, the Consumer Financial Protection Bureau (CFPB) reported that they reached a settlement with Lexington Law in the PGX Holdings bankruptcy case. As you may recall, we submitted a request for an Advisory Opinion seeking CFPB guidance regarding communication with consumers who have... Continue Reading

We saved the C in TRAK for Compliance

TRAKAmerica is the renowned nationwide leader in the field of Account Receivables Management and Repossession Management, dedicated to helping financial institutions recover outstanding debts while maintaining the utmost level of professionalism and integrity. With a proven track record of success... Continue Reading

NCBA Seeks Critically Important Advisory Opinion from CFPB

On June 22, NCBA submitted an Advisory Opinion Request (AOP), seeking guidance from the CFPB regarding Communication with Consumers who have been represented by bankrupt or defunct law firms. Recently two large credit repair companies with legal and regulatory problems—Lexington Law and... Continue Reading

Meaningful Attorney Involvement and the new ABA Ethics Opinion on Use of Nonlawyer Assistants

By Manny Newburger, Brit Suttell, and Nabil Foster of Barron & Newburger, P.C. Over the years NCBA has provided many educational sessions on meaningful-attorney-involvement (“MAI”) that also discussed the importance of Model Rule of Professional Conduct 5.3. On June 7, 2023, the... Continue Reading