FDCPA CASE INCLUDES DUELING MOTIONS FOR ATTORNEY’S FEES
- In what seems to be an unusual situation, a District Court judge has ruled on competing motions for attorney’s fees and costs from both sides in a Fair Debt Collection Practices Act case in which a jury sought to award the plaintiff the maximum statutory damages under the FDCPA but the judge reduced the award by 75%.
SENATOR LAUNCHES INVESTIGATION INTO NON-PROFIT HOSPITAL’S COLLECTION PRACTICES
- Sen. Chuck Grassley [R-Iowa] is calling out some non-profit hospitals for their “relentless” debt collection efforts and is investigating one such facility for how it handles debt collection, charity care, and financial assistance programs.
FORMER CFPB DIRECTOR CORDRAY SAYS AGENCY CONTINUES TO ‘FUNCTION AS INTENDED’
- Richard Cordray, the former director of the Consumer Financial Protection Bureau, downplayed reports of the agency’s demise during a speech yesterday at an event organized by the Consumer Federation of America, characterizing that feeling as being “overstated.”
HOW OVERHAULING HEALTHCARE COULD AFFECT THE COLLECTIONS INDUSTRY
- Should a Democrat win the White House next November and push for “Medicare for all” healthcare solution, how many debt collectors will lose their jobs, wonders a columnist for The New York Times in a recent opinion piece.
WORTH NOTING: The nation’s “Brita Filter” is dying and nobody knows why … Cell phone injuries are sending more people to the emergency room … What not to do on your work computer … Fewer people are buying real Christmas trees … Why holiday lights make you happy, or sad … A financial to-do list you should complete before the end of the year … A new app that might be better than Google Maps or Waze … Some grim news for people living on or near the water … Why you should clean the ice off your car before heading onto the highway.
Joe Biden got testy yesterday
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