Daily Digest – July 23. Appeals Court Upholds Lower Court’s Dismissal of FDCPA Suit Over Tax Language in Letter; Senators Ramp Up Lobbying of FCC For Reassigned Numbers Database

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

APPEALS COURT HOLDS UP LOWER COURT’S DISMISSAL OF FDCPA SUIT OVER TAX LANGUAGE IN LETTER

  • The Court of Appeals for the Seventh Circuit has upheld a lower court’s dismissal of a lawsuit against a collection law firm for including language in a collection letter regarding the potential tax consequences of settling a debt for less than the full amount owed.

 

SENATORS RAMP UP LOBBYING OF FCC FOR CREATION OF REASSIGNED NUMBERS DATABASE

  • A pair of Senators continue to lobby the Federal Communications Commission to create a reassigned number database that would help prevent robocalls and unsolicited communications.

 

FTC, NY AG REACH $22 MILLION SUSPENDED SETTLEMENT WITH SCAMMERS

  • The Federal Trade Commission and the Attorney General of New York have reached a settlement with a number of defendants in a debt collection case that it originally filed suit in more than three years ago. The defendants have agreed to a suspended judgment of $22.5 million and have agreed to be banned from the collection industry for the rest of their lives.

 

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Why you should lift your legs up for 15 minutes every day

The national yo-yo champion shows off

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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Daily Digest – May 26. Class-Action Accuses Collector of Using Incorrect Dates in MVN; NY DFS Fines OneMain $4.2M for Cybersecurity Failures

CLASS-ACTION ACCUSES COLLECTOR OF USING INCORRECT ITEMIZATION, VALIDATION DATES IN MVN Regulation F requires collectors …

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