SIXTH CIRCUIT OVERTURNS LOWER COURT’S DISMISSAL OF FDCPA SUIT OVER POST-JUDGMENT INTEREST CALCULATION
- The Sixth Circuit Court of Appeals has overturned a lower court’s dismissal of a lawsuit that alleged a number of parties violated the Fair Debt Collection Practices Act by charging too much in post-judgment interest when attempting to recover unpaid debts.
CREDITOR FACING TCPA SUIT OVER COLLECTION CALLS TO WRONG NUMBER
- An individual has filed a class-action lawsuit against Charter Communications, alleging the cable provider violated the Telephone Consumer Protection Act by making calls to her cell phone without her consent because it was looking for someone else. The calls allegedly continued after the plaintiff told a representative of the defendant that she was not the person the defendant was looking for.
PRA GROUP CRACKS $1B IN REVENUE FOR FIRST TIME
- PRA Group reported fourth-quarter profits of $31 million yesterday, compared with $18 million in the fourth quarter of 2018, and full-year profits of $98 million, up from $76 million in 2018, thanks in part to the payoff from investments to make collectors and the company’s call centers more efficient and productive.
FFAM360 CONTINUES ANNUAL SPONSORSHIP IN PROMISE686 RACE
- First Financial Asset Management, FFAM360, announces its continued annual sponsorship and participation in The Promise686 Race, a family race that benefits orphans and foster care children. This year’s event takes place on April 18, 2020, in St. Johns Creek, GA.
WORTH NOTING: It might not be a good sign that the stock markets are being described as in “free-fall” … Dart fans from around the world are marveling at this feat … A “Jungle Cruise” boat sank yesterday at Disney World … All the deals you can get on Leap Day tomorrow … Why you’ll never see a villain in a movie with an iPhone … Tom Brady appears ready to move on from the New England Patriots … Police in Wisconsin are offering to test your meth to see if it has coronavirus … He’s probably never going to live this down.
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