Daily Digest – March 21. CFPB Publishes Annual FDCPA Report; Legal Experts Analyze Impact of TCPA Ruling: Free Webinar Recording

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CFPB PUBLISHES ANNUAL FDCPA REPORT

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, is a lot less verbose than his predecessor, Richard Cordray. Consider the introductory remarks that each made in the agency’s annual report about the Fair Debt Collection Practices Act. Cordray’s remarks in last year’s report clocked in at more than 1,250 words. Mulvaney wrote only one-third as much in this year’s report, which was issued yesterday.

LEGAL EXPERTS ANALYZE IMPACT OF APPEALS COURT’S TCPA RULING: FREE WEBINAR RECORDING AVAILABLE

The dust has begin to settle following Friday’s ruling from the Court of Appeals for the District of Columbia, which said that changes made to the Telephone Consumer Protection Act back in 2015 by the Federal Communications Commission were to be set aside, and it’s becoming clearer and clearer what it means for the ARM industry. And while the ARM industry, and even the current leadership of the FCC, may be partying hard following the ruling, a panel of lawyers speaking on a webinar yesterday agreed that the increase in TCPA lawsuits will likely not slow down. But the good news for the industry is that the defenses it can use to fight those lawsuits became a lot stronger.

SUPREME COURT DENIES REQUEST TO HEAR ARGUMENTS IN FDCPA ‘BONA FIDE’ ERROR CASE

The Supreme Court of the United States on Monday denied a request from a plaintiff to hear arguments in a debt collection case after an Appeals Court reversed itself and decided a change in precedent over where a collections lawsuit should be filed can be applied retroactively. More simply, the appeals court ruled that a collection law firm can be sued for filing a lawsuit in the improper jurisdiction, even if the jurisdiction was proper when the original lawsuit was filed.

REVSOLVE ACQUIRED BY USCB AMERICA

Corporate Advisory Solutions LLC (CAS) is proud to announce its involvement in a recently completed merger between its client, RevSolve, Inc. and USCB America, two recognized leaders in the growing healthcare revenue cycle management industry. CAS advised RevSolve, Inc. in this transaction.

PREFERRED CMS FINDS CREATIVE WAY FOR ITS EMPLOYEES TO BUDGET SUPPORT FOR COMPASSION INTERNATIONAL

When people think of a collection agency, they don’t usually see a connection with ending child poverty. But by sponsoring a child through a Christ-centered, child-focused and church-based charity like Compassion International, Preferred CMS’s owners believe they are just stewards of the resources God has entrusted them with, so they have a strong desire to make a difference in the lives of others.

WORTH NOTING: The man allegedly behind a series of bombings in Austin, Texas, killed himself as he was about to be arrested … A state Senator from North Carolina resigned on Monday, the same day she was named to the state’s parole board, at a pay raise of more than $100,000 … What the three worst airports in America have in common … Mark Zuckerberg is $6 billion poorer thanks to a scandal involving data being gathered from Facebook users without their permission … The one mistake that leaders make when trying to build great teams … How to lower your property tax bill … Toys R Us is making pregnant women very mad … The founder of WhatsApp, who made billions from Facebook, is now telling people to delete it … Why I am stuck in Chicago for two more days … The most attractive employers in America, according to LinkedIn.

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