JUDGE GRANTS MTD FOR LACK OF STANDING IN FDCPA CASE OVER LETTER VENDOR, DISPUTE STATUS
- Making sure to explain in specific detail why the plaintiff lacked standing to sue, a District Court judge in Illinois has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by using a vendor to print and mail a collection letter and allegedly reporting information about the debt to a credit reporting agency without noting that the account is disputed.
- More details here.
NEW MASS. AG MAKES FIRST INDUSTRY-RELATED ENFORCEMENT ACTION
- In her first collection-related enforcement action, Andrea Joy Campbell, the new Attorney General of Massachusetts, announced that Toyota Motor Credit Corp., the financing arm of Toyota, will pay $7.6 million in fines and relief after being accused of violating the state’s regulations on collection call frequency while also failing to provide enough information to consumers about their deficiency balances when their vehicles were repossessed.
- More details here.
CONNECTICUT GOVERNOR ANNOUNCES INTENTION TO PURCHASE, FORGIVE $2B OF UNPAID MEDICAL DEBT
- Following the lead set by TV stations, churches, and local governments, the governor of Connecticut has announced his intention to spend $20 million to purchase and then forgive $2 billion of unpaid medical debts for residents of The Nutmeg State. The announcement represents one of the largest plans to cancel medical debt, both for the amount proposed and the entity that would be making the purchase.
- More details here.
EXPERTS SHARE CONTEXT ON CASES IMPACTING ARM INDUSTRY
- Industry experts Patrick Newman, Mitch Williamson, Nathan Copeland, Carlos Ortiz, Jacob Bach, and Ethan Ostroff provide their perspectives and analysis of the legal and compliance trends shaping the ARM industry.
- More details here.
- This series is sponsored by Bedard Law Group
WORTH NOTING: Will tomorrow night’s State of the Union kick off the president’s re-election campaign? … A lot of Millennials are relying on their parents to pay their bills … The most popular state to move to in 2022 was … How to boost your emotional toughness … The dark side of ChatGPT … Photos from an earthquake in Turkey that has killed more than 1,300 people … How to manage Generation Z employees … Inside the $60,000 Grammy gift bags.
Music Monday, Part I
Music Monday, Part II
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