A Federal Trade Commission report concludes that the system for resolving consumer collection disputes is broken, and recommends litigation and arbitration reforms to improve efficiency and fairness ...
Just when it seemed that some banks might be putting their legal woes behind them, another threat has emerged that could involve the entire industry debt- collections litigation. Processing Content ...
Industry representatives and consumer advocates collectively lamented the high non-appearance rate of debtors in court in debt collection cases at yesterday’s joint FTC-CFPB roundtable on the debt ...
India’s financial ecosystem is witnessing a LegalTech transformation. As digital lending, NBFCs, and fintechs expand, technology is reshaping how organizations manage debt collection, legal notices, ...