AGs SEEK TO STOP SETTLEMENT IN FDCPA PROCESSING FEE CASE
- A group of 33 state attorneys general are attempting to intervene and stop a settlement in a class-action Fair Debt Collection Practices Act case in which a mortgage servicer was accused of charging processing fees when taking payments over the phone or via its website.
CONSUMER ADVOCATES, STATE AGs LINE UP BEHIND PLAINTIFF IN TCPA ATDS APPEALS CASE
- Consumer advocacy groups and 33 state attorneys general have lined up behind the plaintiff in a Telephone Consumer Protection Act case currently before the Sixth Circuit Court of Appeals that will determine whether calls made to an individual’s cell phone using an automated telephone dialing system before July 6 relinquished the court’s subject matter jurisdiction over the claims.
ARTICLE DETAILS HOW HOSPITALS ARE USING LIEN LAWS TO BILL ACCIDENT VICTIMS INSTEAD OF THEIR INSURANCE
- Hospitals across the country are using century-old lien laws to increase their revenue when treating victims of accidents, such as car crashes, by bypassing the discounts that are normally provided to health insurance companies, according to a report. The practice is “so lucrative” that some hospitals use debt collection companies to “scour police records” for the names of accident victims to see if they are treating any of them and can pursue a lien instead of billing their health insurance, according to the report.
GAO REVIEWS COST-BENEFITS OF DEBT COLLECTION RULE
- The Government Accountability Office has issued a report analyzing the Consumer Financial Protection Bureau’s compliance with procedural steps related to its release of the debt collection rule, which the GAO is required to perform and provide to both houses of Congress.
TRANSUNION MAKES CASE TO DECERTIFY CLASS IN $40M FCRA CASE
- A credit reporting agency has filed its brief with the Supreme Court as it seeks to have a class of plaintiffs decertified in a Fair Credit Reporting Act case that will answer the question of whether every member of a class must have Article III standing in order to recover damages, which could significantly impact the future of class actions across the country.
WORTH NOTING: Jeff Bezos is stepping down as the CEO of Amazon. Meet the new CEO, who I already like because he’s the co-owner of a hockey team … This guy reminds me of a scene from my favorite movie of all-time — “I know, I know, but he’s proud of his town. That’s a rare thing these days.” … The anatomy of the ideal email … For people who want to spend Valentine’s Day in a home improvement store … One RV manufacturer is adding office space to its trailers so you can work from wherever … Yay! Physics! How to use your speedometer to figure out where your car is … A toddler is releasing her debut album, which features sounds she made while inside the womb.
A dolphin picks his winner of the Super Bowl
Tweaks to help you stick to a budget
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.