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RMAI Update May 2023

RMAi Blog

A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. The consumer filed a lawsuit claiming the debt collector, by seeking payment following the discharge, “violated 15 U.S.C. 1692e (demanding payment of a debt not owed) and 15 U.S.C.

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Introducing: Cash Application, Credit Application Management, Integrated AI and Much More

Gaviti

Cash Application: A New Era of Accuracy and Efficiency As Gaviti is a platform built by collectors for collectors, we understand the challenges that come with manual cash application processes – the potential for errors, time-consuming matching tasks, and the overall drain on resources. Want to learn more about Gaviti Cash Application?

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7 Accounts Receivable Goals for Growth in 2023 & Beyond

The Esker Blog

Historically, the processes within collections, cash application and credit management are highly manual. This often leaves customers without noticeably high balances or long past-due invoices receiving limited collections touches, forcing collectors to be more reactive than proactive. Reassess receivables.

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RMAI Update January 2023

RMAi Blog

Here are some recently introduced bills that might be of interest: New York SB 171 – This bill would create a private right of action against originating creditors and debt collectors for a violation of the Debt Collection Procedures Act. Preferred Collection and Management Services, Inc. (Hunstein III) , 48 F.4th 4th 823 (10th Cir.

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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. The U.S.

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