Daily Digest – April 5. Judge Rules Subrogation Claim Not a ‘Debt’; CUs Sue N.Y. Over Post-Judgment Interest Law

JUDGE RULES SUBROGATION CLAIM NOT ‘DEBT’ UNDER FDCPA

  • In a case that was defended by the team at Kaufman Dolowich & Voluck, a District Court judge in Pennsylvania has granted a motion for judgment on the pleadings filed by defendants in a Fair Debt Collection Practices Act case, ruling that insurance subrogation claims do not meet the definition of “debt” under the statute.

CREDIT UNIONS FILE SUIT TO BLOCK NEW JUDGMENT INTEREST RATE FROM TAKING EFFECT IN N.Y.

  • A trio of credit unions from Western New York yesterday filed a class-action complaint seeking an expedited hearing in an attempt to block a new law from going into effect that lowers the maximum rate of post-judgment interest that can be charged in the state to 2%, from 9% currently.

APPEALS COURT UPHOLDS DISMISSAL OF FDCPA CASE OVER COLLECTION OF POST-BK STUDENT LOAN

SUIT TOTALS DROP IN FEBRUARY WHILE COMPLAINT TOTALS KEEP RISING: WEBRECON

  • The number of lawsuits alleging violations of the Fair Credit Reporting Act, Fair Debt Collection Practices Act, and Telephone Consumer Protection Act all took a nosedive in February, compared with a month earlier, according to data released last week by WebRecon. Of particular note, the number of TCPA lawsuits through the first two months of 2022 is down 40% from the same period last year.

PDCFLOW PARTNERS WITH DEBTMASTER360 TO OFFER PAYMENT WORKFLOWS

  • PDCflow and Debtmaster360 have partnered to provide secure digital payment communication options to accounts receivable management companies. Now, users can send secure email and text payment requests and esignature with consumers in minutes – all within the Debtmaster360 platform.

WORTH NOTING: What could be next for COVID-19 vaccines … Today is a day to officially celebrate the spouses of military members … Food prices are going to keep rising for at least the next few months … Caring for aging parents and sick spouses are keeping a lot of people from working … How to negotiate your salary … If you have ever wanted to know what a pixel tastes like, Coke has a new flavor for you … Kansas staged an epic comeback to win March Madness last night … A lot of people are worried that a recession is coming this year.

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Daily Digest – November 21. Just Grants MTD in Case Over Fees, Charges in Letter; Judge Rebuffs CFPB Funding Argument in Denying MTD

JUDGE GRANTS MTD IN FDCPA CASE OVER FEES, CHARGES LINE ITEM IN LETTER Ahh, remember …

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