The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
CFPB SUES COMPANIES BEHIND LEXINGTON LAW, CREDITREPAIR.COM
- The Consumer Financial Protection Bureau has filed a lawsuit against Lexington Law and a number of companies operating under PGX Holdings, Inc. for violating the Telemarketing Sales Rules by engaging in “bait advertising” and “requesting or receiving payment upfront for certain telemarketed credit repair services,” according to a copy of the complaint, which was filed in District Court for the District of Utah.
JUDGE DENIES MTD IN FDCPA CASE OVER WHETHER DEBT WAS COMMERCIAL OR CONSUMER
- A District Court judge in New York has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act lawsuit because even though a box on a contract was checked indicating the plaintiff was signing up as a corporation and not a consumer, the plaintiff’s assertion that he was signing up as a consumer is sufficient to not dismiss the case.
APPEALS COURT UPHOLDS RECEIPT OF ONE TEXT MESSAGE ENOUGH TO SUE FOR TCPA VIOLATION
- In one of those cases that sounds like it is fascinating to lawyers and courtroom junkies but flies over the head of the rest of us, the Court of Appeals for the Second Circuit has essentially affirmed a lower court’s ruling that the receipt of a single unwanted text message is enough to confer standing for an individual to file a lawsuit alleging violations of the Telephone Consumer Protection Act.
OWNER OF AGENCY FACING CHARGES OF FILING FALSE TAX RETURN
- The owner and sole employee of a Buffalo-based debt collection agency is in legal hot water, after being accused of filing an amended income tax return claiming she made $5 million and requesting a refund of $39,000.
COMPLIANCE DIGEST – MAY 2
- Thanks to the support of Applied Innovation, Every week, AccountsRecovery.net brings you the Compliance Digest, an opportunity to hear from the credit and collection industry’s brightest and most knowledgable compliance experts sharing their insights into the most important news of the day. Click here for this week’s issue.
WORTH NOTING: RIP, Chewbacca … Mt. Everest is in need of some TLC … Even with health insurance, people are sacrificing food to pay for healthcare … How to set ambitious goals, and get your employees to meet them … When to cut off financially helping your adult children … A new Miss USA was crowned last night … Proof that our living standards are at an all-time high … Backlash has led to a movie studio to re-design Sonic the Hedgehog … The three words used by emotionally intelligent people.
Cardio exercises you can do without equipment
Funny Friday
The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.