FDCPA Suit Accuses Defendant of Furnishing Incorrect Information, Leaving Plaintiff Unable to Find Place to Live
- A collection operation is being accused of violating the Fair Debt Collection Practices Act and forcing a single mother and her children into homelessness because of a negative entry that was allegedly mistakenly placed on her credit report, leaving her unable to be able to find a place to live.
- More details here
- This series is sponsored by WebRecon
Judge Certifies Class in FDCPA Suit Over Post-Judgment Interest
- A District Court judge in Michigan has certifies a class in a Fair Debt Collection Practices Act case accusing a collection law firm of charging excessive post-judgment interest on dozens of debt collection lawsuits across the state.
- More details here
CFPB Denies Petition to Set Aside CID Filed by Bankrupt Company
- The Consumer Financial Protection Bureau has denied a petition from a company to modify or set aside a Civil Investigative Demand, ruling that the company did not file its request in a timely manner, but even if it has, the Bureau does have authority over the company, that the questions about the CFPB’s funding structure are not relevant, and that the inquiry should not be paused even though the company has filed for bankruptcy protection.
- More details here.
Report Notes Dividing Line Between Healthcare Debts That Will Be Paid and Those That Won’t
- $500. That is the dividing line between healthcare debts that are likely to be paid and those that are not, according to a report released last week. What’s interesting is that is also the demarcation line between debts that appear on consumers’ credit reports and those that do not. While debts under $500 are no longer appearing on credit reports, they are the debts that consumers are more likely to pay, according to the report.
- More details here
WORTH NOTING: How to survive Daylight Savings Time … More cities and states are handing out cash to help people in need … Which snacks are most of us nostalgic for from our youth … How to get two free donuts from Krispy Kreme today … The 15 cities in the United States where your money goes the furthest … How your company is likely monitoring you while you are working … Everything you need to know about Super Tuesday … Taylor Swift made homemade Pop-Tarts for the Kansas City Chiefs and now the company behind Pop-Tarts wants the recipe.
Trailer Tuesday, part I
Trailer Tuesday, part II
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