Daily Digest – February 19. Judge Strongly Denies Motion to Certify $4M TCPA Settlement; Bloomberg Calls For Tighter Controls on Collectors

JUDGE STRONGLY DENIES MOTION TO CERTIFY $4M TCPA SETTLEMENT CASE

  • In a ruling that has been circulating quickly throughout the industry, a District Court judge in Pennsylvania has denied a motion to approve a class action settlement in a Telephone Consumer Protection Act case because of a “confluence of negative factors,” including that the judge did not believe that the defendant could only afford to settle the case for $4 million.

JUDGE GRANTS MTD IN FDCPA CASE OVER CREDITOR NAME IN LETTER, CLAIM OF OVERSHADOWING

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it allegedly did not accurately convey the name of the current creditor to whom the debt was owed in a collection letter and because it allegedly overshadowed the validation notice by using boldface and a slightly larger font to direct the plaintiff to additional disclosures on the back page of the letter.

BLOOMBERG PROPOSAL CALLS FOR MORE CONSUMER PROTECTIONS, TOUGHER RULES FOR DEBT COLLECTORS

  • In advance of his participation for the first time in a Democratic debate, former New York City mayor and presidential candidate Mike Bloomberg has released a “financial reform policy” that strengthens consumer protections and details specific steps he would take to regulate the collections industry if he were to be elected president this November.

REPORT, BILLS TAKE AIM AT HOW MEDICAL DEBTS ARE COLLECTED IN MARYLAND

  • In a coordinated effort, a pair of bills were introduced in the Maryland state legislature that target how medical debts are collected on the same day that a number of consumer groups released a report spotlighting the legal collection efforts of hospitals in the state.

WORTH NOTING: More reports about medical facilities filing lawsuits against individuals with unpaid debts … The untold story behind a woman who was filmed vacuuming her sidewalk … The shamrock shake is back today with a new twist … Not that I wanted to see this in the first place, but the fact the dog isn’t real makes me want to see it even less … How to get better at saying no … The generation that keeps money-saving resolutions the bestThe fast food wars are continuing … Why hospitals are closing … How to uncover what you do better than anyone else.

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