Daily Digest – November 8. Class-Action Accuses Collector of Violating FDCPA; NCLC Issues Reg F Report

CLASS-ACTION ACCUSES COLLECTOR OF VIOLATING FDCPA BY INCLUDING NY DFS SOL DISCLOSURE ON BACK OF MVN

  • A class-action complaint has been filed in a New York District Court over the statute of limitations disclosure in a Model Validation Notice sent to an individual, who claims the notifications — required by the New York Department of Financial Services — were contradictory and resulted in five different reasonable interpretations of what might happen.
  • More details here.
  • This series is sponsored by WebRecon.

NCLC ISSUES REG F REPORT BASED ON SURVEY OF CONSUMER ADVOCATES

  • The National Consumer Law Center has released a report evaluating the impact of Regulation F in the six months after the rule went into effect on November 30, 2021. The report was based on the results of a survey of 117 consumer advocates nationwide, which included in-depth follow-up interviews with 22 of the survey’s respondents.
  • More details here.

JUDGE CERTIFIES CLASS IN FDCPA SUIT OVER CREDIT REPORTING LANGUAGE IN LETTER

  • A District Court judge in New Jersey has certified a class action Fair Debt Collection Practices Act case against a defendant accused of violating the statute because of a discrepancy in the amount of time it waited before reporting debts to credit reporting agencies and the amount of time it gave consumers to respond to its letters.
  • More details here.

MASS. AG REACHES $600K SETTLEMENT WITH DEBT SETTLEMENT PAYMENT PROCESSOR

  • The Attorney General of Massachusetts has reached a $600,00 settlement with a payment processing company that was accused of assisting a debt settlement company in engaging in unlawful business practices such as charging consumers premature and inflated fees.
  • More details here.

WORTH NOTING: Are we too lazy to even say “hey” anymore? … People’s Sexiest Man Alive is staying inside the Avengers … The finalists have been announced for the Humane Society’s Hero Dog Awards … Elvis fans can sleep like the king in his Memphis apartment … How to maintain a work-life balance when working remotely … 400 people applied for one job at a Chick-fil-A offering three day workweeks of 14 hours per day … Consumers are relying more on credit cards to cover their finances … Why, even at $1.9 billion, the Powerball jackpot is not a good deal.

Trailer Tuesday, part I

Trailer Tuesday, part II

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Check Also

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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