NDIL JUDGE USES NEW STANDING RULINGS TO GRANT MTD IN FDCPA LETTER CASE
- In one of the first cases to reference a series of rulings from the Seventh Circuit Court of Appeals on the issue of plaintiffs’ standing to sue, a District Court judge in Illinois has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case because the “stress, anxiety, and worry” felt by the plaintiff after receiving a collection letter is not enough for her to have standing to pursue her lawsuit.
BEDARD: HOW AGENCIES CAN INVOKE BFE WHEN COMMUNICATING VIA EMAIL, TEXT MESSAGE
- John Bedard of Bedard Law Group continues his analysis of the Consumer Financial Protection Bureau’s debt collection rule in a new episode of “You Wanted a Rule, You Got a Rule.” John’s scrutiny of the debt collection rule is unparalleled and will help everyone understand the rule and what is needed to comply.
CALLS TO CANCEL STUDENT LOAN DEBT STRENGTHEN
- There is growing sentiment within Congress, the Biden administration, and the general public for some or all of existing student loan debt to be wiped out, according to a published report and the results of a recently released poll.
IMPROVED INSIGHTS FOR YOUR LEGAL RECOVERY PROCESS
- Imagined.Cloud and LegalStream are excited to announce that they have joined forces to deliver a platform that seamlessly manages legal account outsourcing.
WORTH NOTING: Those who watch the Super Bowl every year for the ads may want to find something else on TV … Pizza Hut is debuting a new type of pizza … The house that thighs of steel built … Employees at tech companies admit to only working three to four hours per day … For anyone who wants to get a coke and coffee fix at the same time … Have an Apple Watch? Now you can walk with celebrities … America has its first-ever female Treasury Secretary … The cicadas are coming to the Eastern United States … One really cool way to start a band.
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The Daily Digest is sponsored by Prodigal. Prodigal is bringing the power of AI and machine learning to lenders, creditors and collection agencies. Prodigal’s world class speech recognition software, monitors every call for compliance and collector performance with its AI trained for optimal accuracy and actionable results. Prodigal unlocks hidden value in a collection contact centre’s vast corpus of unstructured audio data by making it searchable and enabling them to improve compliance, increase operational efficiency and win new clients.