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
News
News & Updates from NCBA
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
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
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 to receive a more detailed version of the update below, plus... Continue Reading
In recent years, the American Bar Association (ABA) and its allies, including NCBA, have worked hard to protect the independence of the legal profession and judicial oversight of lawyers. These joint efforts come in many forms – from lobbying Congress to working to have the CFPB’s... Continue Reading
The month of May is designated as Asian American, Native Hawaiian, and Pacific Islander Heritage Month. This month the United States celebrates and honors the important impact that Asian Americans, Native Hawaiians, and Pacific Islanders (“AA&NHPI”) have made. May was selected... Continue Reading
Legal Recovery Teams are expanding their business thanks to exciting new options that provide more comprehensive details on the consumers in their portfolios. RNN’s Judgment Solution, 1st Source, is built on quality data which provides guaranteed results with quick turnarounds of the... Continue Reading
Why Can’t Courts Agree to the Definition of Debt Collector Under the Fair Debt Collection Practices Act? Continue Reading
Review the trends, challenges and opportunities reshaping the third-party collections industry. We invite you to download the annual survey — Charting the Course and Steering Toward Success — conducted by TransUnion and the Aite-Novarica Group. Some standout takeaways... Continue Reading
Collecting payments doesn’t have to be a compliance burden. REPAY handles the heavy lifting! Because legal collections are our specialty, we ensure your agents deliver the proper payment disclosures and client requirements to help reduce your compliance exposure. No matter how you collect,... Continue Reading
There is a lot of noise surrounding the Supreme Court’s announcement Monday that the Consumer Financial Protection Bureau’s (CFPB) constitutionality will be addressed during the Court’s next term. An appellate court ruled in October that the CFPB’s current funding structure... Continue Reading
The Education Pillar has been hard at work planning our 2023 education programming and recognized the numerous requests for more education on bankruptcy related topics for creditors rights attorneys. As a result, we are excited to announce the formation of the Bankruptcy Peer Forum, co-chaired by... Continue Reading