Daily Digest – October 3. Collector Not Obligated to Notify Creditor of Dispute; Legal Challenges to Student Loan Debt Cancellation Plan Launched

COLLECTOR NOT OBLIGATED TO NOTIFY CREDITOR OF DISPUTE

  • A judge in Oklahoma has granted a motion to dismiss, ruling the defendant was not obligated under the Fair Debt Collection Practices Act to notify the original creditor that a debt was being disputed.
  • The defendant did everything it was supposed to when it notified the credit reporting agencies, the judge ruled.
  • More details here.

LEGAL CHALLENGES TO STUDENT LOAN DEBT CANCELLATION PLAN LAUNCHED

  • A pair of lawsuits have been filed, attempting to block the plan to cancel student loan debt for individuals making less than $125,000 per year.
  • One suit, filed by a conservative legal group, claims that the administration overstepped its authority because his canceled debt may be taxed as income.
  • The other suit, filed by six Republication state AGs, claims the administration needed Congressional approval before announcing the plan.
  • More details here.

THE SECRET TO WRITING STRONG POLICIES AND PROCEDURES

  • When detailing how different jobs and tasks should be done, collection operations have options about what type of documents to use.
  • Knowing what information should go into which type of document can keep information protected and make it more likely to be followed.
  • More details here.

EXPERTS SHARE CONTEXT ON CASES IMPACTING ARM INDUSTRY

  • Industry experts Rick Perr, Leslie Bender, Katherine O’Brien, David Shaver, Jessica Klander, and Virginia Bell Flynn provide their perspectives and analysis of the legal and compliance trends shaping the ARM industry.
  • The perspectives provide insights into recent rulings and cases from across the country.
  • More details here.
  • This content is sponsored by Bedard Law Group.

MIKE FROST AND CHAD ECHOLS FORM NEW LAW FIRM

  • The pair have joined forces to form Frost Echols.
  • A number of other attorneys and staff members from Malone Frost Martin are joining the new firm.
  • More details here.

WORTH NOTING: Photos showing what Florida and South Carolina look like following the impact of Hurricane Ian … If you’re getting married, here are five of the most romantic destinations in the United States … What it’s like living in a 95-square-foot apartment … The new American dream is buying a house with your friends … The long and complicated history of chatbots … Solving jigsaw puzzles is good for your mind and your body … Everything coming and going in October from Netflix and Amazon Prime Video … If you’re curious what the most expensive mansion in Denver, going for $29 million, looks like.

Music Monday, part I

Music Monday, part II

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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

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