Collector - July/Aug 2021 - 11

News
INDUSTRY
California's New Debt Collection Advisory
Committee Set to Hold First Meeting
A seven-member committee will
gather in July to provide critical feedback to
the California Department of Financial Protection
and Innovation as it creates its debt
collection licensing program. Th e DFPI's new
debt collection advisory committee is slated to
host its fi rst meeting July 28, 2021. Meetings
will be held twice per year, or as needed.
Th e group includes a consumer advocate
and representatives from the debt collection,
debt buying, third-party collection
and collection law industries.
Several ACA members will be serving on
the committee:
* Scott Hyman, attorney with Severson
& Werson PC
* Mark Naiman, president of Absolute
Resolutions Corp.
* Cindy Yaklin, president of States
Recovery Systems Inc. and the
California Association of Collectors
Inc. (CAC)
* Ohad Samet, president of
TrueAccord Corp.
* Tamar Yudenfreund, senior director,
public policy at Encore Capital
Group and chair of ACA's federal
aff airs committee.
" ACA International is thrilled to have
member representation on this new committee
and to be able to engage with stakeholders
from other industries as well as the
state regulator, " said Andrew Madden, ACA's
vice president of state unit and government
aff airs. " Th is is an important step in continuing
to grow ACA's state advocacy eff orts. "
Additional committee members include
Elizabeth Gonzalez, directing attorney with
the Consumer Law Unit at the Public Law
Center, and Prasad Krishnamurthy, professor
of law at the University of California
Berkeley School of Law.
Th e committee members were appointed
for two-year terms. Th e committee was
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JULY/AUGUST 2021
11
TECH TIP
ADVOCATE
QUICK TAKES
FACT FINDER
CALENDAR
IAF
created as part of California's Debt Collection
Licensing Act (DCLA) signed by Gov.
Gavin Newsom last year.
Licenses will be required starting Jan.
1, 2022. Debt collectors that apply for a
license before Jan. 1, 2022, will be allowed
to operate pending the approval or denial of
the application.

Collector - July/Aug 2021

Table of Contents for the Digital Edition of Collector - July/Aug 2021

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