Daily Digest – March 11. Getting to Know Brit Suttell of Barron & Newburger; Judge Grants MTD in FDCPA Case Over Tradeline Status

GETTING TO KNOW BRIT SUTTELL OF BARRON & NEWBURGER

  • There aren’t a lot of people in the ARM industry who you would consider to be a Jedi among us mere mortals, but Brit Suttell is one of them. Recognized by the National Creditors Bar Association last year as the winner of the Donald Kramer Award, Brit’s intellect and honesty have made her one of the most respected and sought-after legal minds in the industry. Read on to learn more about Brit and why, when somebody has to save our skins, we can count on her.

JUDGE GRANTS MTD IN FDCPA CASE OVER TRADELINE STATUS

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because of how it described the status of an unpaid debt when it was reported to one of the credit reporting agencies.

CHOPRA’S NOMINATIONS TO LEAD CFPB NARROWLY PASSED BY SENATE COMMITTEE

  • There is an old saying in sports that a tie game is like kissing your sister. I bet that Rohit Chopra feels a little differently this morning after the Senate Banking Committee voted 12-12 on his nomination to be the next director of the Consumer Financial Protection Bureau. Because of the power-sharing agreement in place in the Senate, the tie will likely not hold up Chopra’s nomination, but it will require some additional procedural steps in order to be advanced to the entire Senate for approval.

PATIENT BILLING PLATFORM RAISES $200M IN FUNDING

  • Cedar, an online service that aims to help patients pay their medical bills online, has announced that it has raised an additional $200 million in funding, bringing the total amount it has raised to $350 million. The current round of funding values the company at $3.2 billion.

WORTH NOTING: March 11, 2020: The day that everything changed … Alcatraz is re-opening to tourists next week … One-third of people on unemployment are struggling to pay for food and housing … The phrases on your resume that recruiters hate to see … Why the mute button has been the best and worst button of the past year … People working from home don’t want to go back to the office … How to find an appointment for a COVID-19 vaccine … Who will and should win the Grammys …

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