Daily Digest – November 24. Collection Operation Banned from Industry; Bedard Breaks Down Reg F’s Disclosure Requirements

ELEVENTH CIRCUIT ANNOUNCES DATE, TOPIC FOR HUNSTEIN REHEARING

  • The battle lines have been drawn. When it hears arguments in Hunstein v. Preferred Management & Collections — during the week of February 21, 2022 — the Eleventh Circuit Court of Appeals wants to hear from both sides on whether the plaintiff actually has standing to bring his lawsuit in the first place.

COLLECTION OPERATION BANNED FROM INDUSTRY, TO PAY $1.2M IN FINES

BEDARD BREAKS DOWN HOW COLLECTORS MUST SEND DISCLOSURES UNDER REGULATION F

  • In the next-to-last episode of “You Wanted a Rule, You Got a Rule,” John Bedard breaks down Section 1006.42, which covers how and when collectors must send required disclosures to consumers. Not only is there an exception to the rule, but an exception to the exception. Be sure to watch the video and stay tuned for the final episode in the series coming next Monday, just in time for the enactment of Regulation F.

COMPLAINTS DROP, BUT LAWSUITS RISE IN OCTOBER: WEBRECON

FRONTLINE ASSET STRATEGIES PARTICIPATES IN BREAST CANCER AWARENESS & RACE FOR THE CURE

  • Frontline Asset Strategies (“FAST”), a professional collection agency located in Roseville, MN, and Jacksonville, FL, participated in October’s Breast Cancer Awareness Month. On Friday, October 22nd, the “FAST Team” donned their pink to spread awareness and then banded together on Saturday, October 23rd, both in-person and remote, to participate in the Susan G. Komen Race for the Cure. The activities provided opportunities for fundraising, team participation, and comradery.

WORTH NOTING: Now that they have raised prices, will they change the name of the store? … Addressing the myth that eating turkey makes you sleepy … If you are going shopping this weekend, here’s a list of when stores will be open … The essentials you need to pack if you are traveling this holiday season … Have you eve noticed that the labels on cranberry sauce cans are upside-down? … How to deal with difficult family members during the holidays … More Americans are saying they don’t plan to have kids … And your word of the year winner is … How to tell if your flight delay is actually due to the weather.

Funny Friday, on a Wednesday

It wouldn’t be Thanksgiving without this

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