MACA News


Posted 15 October: MACA is pleased to announce the appointment of our Attorney State Chairs for 2018-2019.


Delaware

  • Deirdre M. Richards, Esquire (Fineman Krekstein & Harris PC)

District of Columbia

  • Anita Tolani, Esq. (Weinberg, Jacobs & Tolani, LLP)

Maryland

  • Bradley T. Canter, Esq. (The Law Offices of Ronald S Canter LLC)

Pennsylvania

  • Monica M. Littman, Attorney (Fineman Krekstein & Harris, P.C.)

West Virginia

  • Christopher J. Sears, Attorney at Law (Cipriani & Werner, PC)


Posted 4 October: At the Annual Membership meeting September 17, general members elected the 2018-2019 MACA BOARD OF DIRECTORS.

  • Harry Albert (MRS Collections)
  • Patricia Cobb (Commonwealth Financial Systems)
  • Steve Kusic (National Recovery Agency)
  • Monica T. Littman(Fineman Krekstein & Harris, P.C.)
  • Richard Perr (Fineman Krekstein & Harris, P.C.)
  • Joan Namey (HealthCare Financial Services)
  • Donna Nicholson Stief (Credit Bureau of Lancaster Co.)
  • Charles Riter (Emergent Business Group)
  • Jim Simmermon (Collection Service Center)
  • Scott M. Spinella (FirstCollect, INC.)
  • David Winters (Delmarva Collections)


Posted 1 October 2018: During an interview with Lancaster Online, MACA President Donna Nicholson Stief provides unique insights into being a professional in the accounts receivable industry in the 21st Century.  READ FULL ARTICLE


Posted 1 October 2018:  The Maryland Financial Consumer Protection Act of 2018, passed by the Maryland General Assembly during the 2018 Legislative Session and effective 1 October 2018, includes the following changes:


  • The definition of “unfair or deceptive trade practice” is now “unfair, abusive, or deceptive trade practice; (UADTP)”
  • The purpose of the act is to support enforcement by and funding of the Office of the Attorney General and the Commissioner of Financial Regulation to protect state residents when conducting financial transactions and receiving certain services;
  • The state will also have a designated student loan ombudsman.


Changes in the law align state regulations with the Dodd-Frank statutes followed by the Bureau of Consumer Financial Protection. Agencies collecting debts in Maryland should review their policies and procedures, making sure that they conform to statutory requirements.


READ MORE



 
      

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