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A guest blog from Curtis Fort from the Construction Credit and Finance Group.

JSP Credit Management

After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. A debt collector works to make sure debts are paid and debtors’ rights are protected. Debt collectors can only perform certain activities in order to enforce debts.

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RMAI Update March 2023

RMAi Blog

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies.

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RMAI Update April 2023

RMAi Blog

Through the efforts of RMAI, our Colorado lobbyist, and other industry partners we were able to get an exemption for credit card debt unless the credit card was offered specifically for the payment of health-care services or health-care goods. RMAI was able to obtain some modest amendments; however, we remain in opposition.

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