Home / Daily Digest / Daily Digest – July 1. FTC, NY AG Reach $676k Settlement With Shaevel; Class Certification Denied in FDCPA Case

Daily Digest – July 1. FTC, NY AG Reach $676k Settlement With Shaevel; Class Certification Denied in FDCPA Case

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.

FTC, NY AG REACH $676k SETTLEMENT WITH SHAEVEL

  • The men behind Hylan Asset Management have agreed to pay $675,575 in fines and shut down the company after being accused last year of buying and selling millions of dollars in fake debt portfolios and Worldwide Processing Group LLP, one of the agencies used by Hylan to collect on its debts, has agreed pay a fine of $118,000 and is barred from engaging in deceptive or misleading collection practices.

CLASS CERTIFICATION DENIED IN FDCPA CASE INVOLVING MILLER SAFE HARBOR LANGUAGE

  • A District Court judge in Michigan has denied a motion to certify a class action against a defendant that was sued for violating the Fair Debt Collection Practices Act by including language in a collection letter mentioning that late fees and interest may alter the total amount owed.

SPOTLIGHTED FOR FILING TOO MANY LAWSUITS, HOSPITAL DECIDES TO STOP

  • A hospital that was placed in the spotlight last week for filing lawsuits against patients with unpaid medical bills has announced it will suspend taking legal action against those individuals and may consider hiring a collection agency instead, according to a published report.

APPEALS COURT OVERTURNS LOWER COURT’S RULING THAT EXEMPTED STUDENT LOAN SERVICER FROM STATE LAW CLAIMS

  • The Court of Appeals for the Seventh Circuit has overturned a lower court’s decision that the federal Higher Education Act exempts companies servicing student loans from claims that those companies violated state law.

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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

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Daily Digest – Sept. 16. Judge Certifies Class Action in FDCPA Case; Jury Finds For Collection Agency

JUDGE CERTIFIES CLASS IN FDCPA SUIT OVER USE OF DEPOSITIONS IN POST-JUDGMENT COLLECTIONS A District …

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