Daily Digest – November 29. Collector Facing Class Action for Sending Undated MVN; Healthcare Fintech Raises $220M to Offer Interest-Free Payment Plans to Consumers

COLLECTOR FACING CLASS ACTION FOR SENDING UNDATED MVN

  • Ahhh, the undated Model Validation Notice. Leaving out something that is “so basic in the business world,” that is “arouses suspicions” why it was done in the first place, a plaintiff has filed a class-action lawsuit accusing a collector of violating the Fair Debt Collection Practices Act — but not Regulation F, interestingly enough — because it send a Model Validation Notice without a date.
  • More details here.
  • This series is sponsored by WebRecon

HEALTHCARE FINTECH RAISES $220M TO OFFER ZERO-INTEREST PAYMENT PLANS TO CONSUMERS

  • A company that is offering consumers credit in the form of zero-interest, fee-free payments on their medical debts has raised $220 million to expand its operations and grow its business faster.
  • More details here.

JUDGE GRANTS MSJ FOR PLAINTIFF IN FDCPA CASE OVER DISPUTED DEBT NOT BEING REPORTED SOON ENOUGH

  • If you are furnishing information to credit reporting agencies — especially within the Seventh Circuit — you better make sure that you haven’t received any disputes in the day or two prior to submitting updates to the CRAs. A District Court judge in Illinois has denied a defendant’s motion for summary judgment and granted a plaintiff’s motion for summary judgment — as to liability only — in a Fair Debt Collection Practices Act case because the defendant failed to note that an account was disputed when it furnished information to the credit reporting agencies, even though it had received the dispute two days before the information was furnished.
  • More details here.

NO SURPRISES ACT STOPS 9M BILLS, BUT DISPUTES PILING UP AS LEGAL CHALLENGES CONTINUE

  • The No Surprises Act has prevented more than 9 million individuals from receiving surprise medical bills during the first nine months of 2022, according to the results of a survey conducted by Blue Cross Blue shield Association, but the process of how disputes are resolved is facing a legal challenge that could make a growing backlog of claims even worse, according to a published report.
  • More details here.

WORTH NOTING: A man in France has won a seven-year legal battle after being fired for refusing to go out for drinks with his co-workers … A survey of when people think it’s ok to put up Christmas lights … Yes, even you can have the chance to sleep in the same room as DJ Khaled’s sneakers … The afterwork habits that could be hurting your productivity during the day … Workplace incentives might be doing more harm than good in your office … Eight ways to help you keep track of expiration dates … The world’s largest active volcano — in Hawaii — has erupted … Everything you need to know about Giving Tuesday.

Trailer Tuesday, part I

Trailer Tuesday, part II

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Daily Digest – January 31. Law Firm Facing Class Action; DFPI Announces Enforcement Actions

LAW FIRM FACING REG F, FDCPA CLASS ACTION OVER CONFLICTING INFO IN EMAIL, LETTERS A …

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