CFPB ISSUES NPRM ON TIME-BARRED DEBT DISCLOSURES
- In a move that had been alluded to on a few occasions, the Consumer Financial Protection Bureau on Friday issued a Notice of Proposed Rulemaking (NPRM) related to disclosures that would have to be made when collecting on time-barred debts.
JUDGE AWARDS DEFENDANT $15k IN ATTORNEYS’ FEES IN ‘NUISANCE SUIT’
- A District Court judge in Maryland has partially granted a defendant’s motion for attorneys’ fees and costs, awarding nearly $15,000 to the defendants who were sued by the relative of a frequent filer for allegedly violating the Fair Debt Collection Practices Act.
THE CHANCE TO TIE TWO LOVES TOGETHER INTO ONE ARTICLE
- For all the stories that I’ve written about the Fair Debt Collection Practices Act and the financial services industry, most of you likely don’t know that I got into journalism as a sports writer. I spent a handful of years writing for newspapers and magazines, mostly covering my favorite sport — hockey. So, when the opportunity to write about hockey and debt collecting in the same article presents itself, you can bet I’m going to cash that check. Especially given the circumstances of this situation.
EXPERTS DISH ON TRENDING COMPLIANCE TOPICS
- Click here to read this week’s Compliance Digest. You’ll get insights and opinions from eight different compliance experts — Mitch Williamson, Boyd Gentry, Virginia Bell Flynn, Joann Needleman, Michael Klutho, David Kaminski, Nicole Strickler, and Dennis Barton — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: A man who built a self-made rocket so he could determine once and for all if the Earth was flat died during his attempt … It’s now time to start talking about the potential impact of Coronavirus on this summer’s Olympics in Tokyo … The cheapest month and days of the week to fly … How to give a presentation like a pro … Krispy Kreme fans rejoice — donut delivery is coming to a store near you … The average amount of credit card debt is rising … Burger King is taking meat-less hamburgers to a new level … What to answer when asked “tell me about yourself” in a job interview … Can’t get enough of this story.
Celebrating the return of “Better Call Saul”
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