JUDGE GRANTS MSJ FOR DEFENSE AGAINST 31 OF 32 PLAINTIFFS IN FDCPA CASE
- A District Court judge in Indiana has largely granted summary judgment in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it allegedly contacting individuals who indicated they were represented by an attorney and wanted communications to cease.
PRA GROUP DISCLOSES CFPB LOOKING INTO POSSIBLE VIOLATIONS OF CONSENT ORDER
- PRA Group announced in a filing with the Securities and Exchange Commission last week that it is defending itself against allegations from the Consumer Financial Protection Bureau that it violated the terms of a consent order it entered into in 2015 that accused the company of engaging in a number of illegal collection activities. The announcement comes on the heels of the CFPB filing a lawsuit against Encore Capital Group for violating the terms of its consent order, which was entered into on the same day as PRA Group.
WHY EVERYONE NEEDS A REFRESHER ON FALSE, DECEPTIVE, OR MISLEADING REPRESENTATIONS OR MEANS
- In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group walks through the false, deceptive, and misleading representations or means provisions of the CFPB’s debt collection rule. And while many of them may be very familiar to participants in the debt collection industry, it can be helpful to review the prohibitions, because these are the types of behaviors that regulators will aggressively seek to stop.
CHOPRA’S PREPARED STATEMENT OFFERS GLIMPSE INTO HIS VISION FOR THE CFPB
- If his opening statement is any indication of his views on the debt collection industry, then the type of regulation that Rohit Chopra is going to bring to the Consumer Financial Protection Bureau — should he pass his confirmation hearing today and become the agency’s next director — is starting to come into focus.
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