Judge Partially Grants MSJ For Defendant in FCRA, FDCPA Case Over Validity of Debt
- A District Court judge in Texas has partially granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act and Fair Credit Reporting Act, especially on a claim that would have awarded the plaintiffs punitive damages, in a case involving the legal validity of a debt.
- More details here.
Appeals Court Upholds Summary Judgment for Defendant in FDCPA Case Over Alleged Unlicensed Collection Activity
- The Court of Appeals for the Tenth Circuit has affirmed a summary judgment ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it was not licensed as a collection agency when it filed a lawsuit to collect on an unpaid debt.
- More details here.
ARM Industry M&A Report
- Last week, Corporate Advisory Solutions released its second quarter M&A activity report, spotlighting activity in the accounts receivable management industry. AccountsRecovery.net asked CAS to provide some context and perspective about the state of M&A activity in the ARM industry. Drew Sacher, an Associate at CAS, provided the following commentary.
- More details here.
Judge Temporarily Blocks Enactment of CFPB Small Lending Rule
- A federal judge in Texas has issued an injunction prohibiting the Consumer Financial Protection Bureau from enforcing a rule designed to combat gender and racial discrimination in small business lending. The injunction was made pending a Supreme Court review of the constitutionality of the CFPB’s funding structure. The American Bankers Association praised the ruling, arguing that it spared its members the unrecoverable costs associated with complying with a rule that the CFPB may not have had the authority to enforce.
- More details here.
29 Companies Seeking Collection Talent
- Wonder what positions Harris & Harris, The CCS Companies, and Weltman Weinberg & Reis are looking for fill? Someone is looking for a Dialer Coordinator. Someone else is hiring a Litigation and Regulatory Compliance Counsel. And someone else wants to hire a Sales Representative.
- More details here.
WORTH NOTHING: The Mega Millions jackpot just keeps climbing … Krispy Kreme has a free donut for you if you have a losing Mega Millions ticket … An app to help you make sure you are buying from brands that align with your political views … The best summer cocktails to beat the heat … Taco Bell is being sued for its food not living up to what it looks like in advertisements … The best apps and translators if you want to learn a new language … Finally, a good reason to be living in New Jersey … Restauranteurs share 21 bad dining habits to avoid.
A test to reveal your hidden strengths
The five T’s of great coaches
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.