GETTING TO KNOW GINA EGGEBRECHT OF FIRST COLLECTION SERVICES
- Gina Eggebrecht isn’t afraid to be controversial — wars have been started over less than her stance on “Die Hard” — but it’s her methodical approach to her job that has helped her survive more than two decades in the ARM industry, and raising three teenagers. That methodical approach likely served her well as a homeschool teacher as it does in her job. Read on to learn more about Gina, her wicked sense of humor, and how she is ready if you ever get hit by a bus. This series is sponsored by Applied Innovation.
JUDGE GRANTS MTD FOR LACK OF STANDING OVER HUNSTEIN CLAIM
- Judge Cathy Seibel of the District Court for the Southern District of New York gets it. Judge Seibel is the latest in a growing line of judges across the country who are ruling that plaintiffs filing Hunstein claims do not have standing to sue in federal court because they did not suffer a concrete injury. In Judge Seibel’s case, she understands why collection agencies use third-party vendors to print and mail envelopes, and she understands the process in which that operation is completed, which is why she granted the defendant’s motion to dismiss in the case in question.
CHOPRA URGES STATES TO ENFORCE FEDERAL CONSUMER PROTECTION LAWS
- Rohit Chopra, the Director of the Consumer Financial Protection Bureau, urged state Attorneys General to bring their own enforcement actions when they think federal laws have been broken, especially when federal law is stronger than a state statute, asking only that AGs give the CFPB a heads up before filing a complaint. Chopra, who delivered his remarks in a speech before the National Association of Attorneys General conference this week, not only asked the AGs to be more alert and watchful of incidents of unfair, deceptive, or abusive acts or practices, but said the CFPB is looking for ways to allow states “to get more out of the remedies available” under the Consumer Financial Protection Act.
DFPI DEBT COLLECTION ADVISORY COMMITTEE TO HOLD PUBLIC MEETING
- The California Department of Financial Protection and Innovation has announced that its Debt Collection Advisory Committee will hold a public meeting on Thursday, December 16 at 3:00pm PT. The meeting comes two weeks before the state enacts a new debt collection licensing law, which will go into effect on January 1. Companies must have their applications submitted to the DFPI by December 31 in order to be eligible to continue to collect while their application is being processed.
STUDENT LOAN DEBT RELIEF SCAMMERS SENTENCED
- The Attorney General of California announced that a group of individuals involved in a student loan debt relief scam have been sentenced — three of them receiving jail time — and paying more than $330,000 in restitution to victims who were “preyed on” because they were struggling to repay their student loans.
WORTH NOTING: This was a pretty baller move by the D.C. Council … If you’re one of those people who like to decorate your car for Christmas, or you want to be, here is what you need to know … The tight labor market isn’t going to get better anytime soon … But a full economic recovery is expected in 2022 … The most generous state in the nation in 2021 was … Things from your childhood that predict your future success … Pantone released its color of the year … What to do if your Spotify app keeps crashing … What is the best Christmas party food? Are you going to bring it to the AccountsRecovery.net Holiday Happy Hour? Email me for an invitation.
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