JUDGE GRANTS MTD IN FDCPA CASE OVER SOL LANGUAGE IN LETTER
- A District Court judge in Louisiana has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act through a notice included in a collection letter notifying the recipient of his rights because the statute of limitations on the underlying debt had expired.
SENATE DEMS RELEASE REPORT CRITICIZING CFPB, DEBT COLLECTION RULE
- A report from the Democrats on the Senate Banking Committee criticizes the Consumer Financial Protection Bureau for betraying Americans by not holding the companies it regulates accountable and for giving a “free pass to some of the most abusive collection practices.”
MOMENTUM BUILDS TO EXTEND TAX DEADLINE
- The Internal Revenue Service is considering extending the deadline for individuals to file their 2019 income tax returns beyond the traditional April 15 deadline, according to published reports, as a response to the growing number of people who have been diagnosed with the coronavirus and to give the agency more time to provide assistance to taxpayers and to process returns.
HOSPITAL NETWORK TO UNDO LIENS AGAINST PATIENTS WITH UNPAID DEBTS
- VCU Health, a network of hospitals and healthcare facilities across Virginia, has taken another step in overhauling its debt collection process, one that will take its lawyers more than a year to complete.
JEFFERSON CAPITAL ACQUIRES CANACCEDE FINANCIAL
- Jefferson Capital Systems, LLC (Jefferson Capital), a leading purchaser and servicer of consumer charged-off and bankruptcy receivables in the United States and United Kingdom, announced today that it has completed the strategic acquisition of Canaccede Financial Group (Canaccede), the largest buyer of charged-off consumer receivables and insolvencies in Canada.
WORTH NOTING: The Democrats now have a clear frontrunner for the presidential nomination … Today’s update on the coronavirus in the United States … How long it takes people to show symptoms of having coronavirus … The secret to lifelong happiness, according to researchers … Splenda might be making you fatter and sicker … Another coronavirus casualty – Ben & Jerry’s free ice cream day … How companies with hourly workers are changing their sick time policies … It might be a good time to by tickets for that Broadway musical you’ve always wanted to go see.
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