TRIO OF REG F CLASS ACTIONS ACCUSE COLLECTORS OF NOT INCLUDING VALIDATION INFORMATION IN LETTERS A trio of class-action lawsuits have been filed against a pair of defendants for allegedly violating the Fair Debt Collection Practices Act because they opted not to use the Model Validation Notice and allegedly did …
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PRA Group to Pay $24M Under Consent Order with CFPB
PRA Group will pay more than $24 million in fines and restitution to consumers as part of a consent order announced yesterday by the Consumer Financial Protection Bureau for violating the terms of a 2015 enforcement order by engaging in a number of prohibited collection-related actions. A copy of the …
Read More »Appeals Court Vacates Award for Defendant in FDCPA Case to Determine if Plaintiff had Standing in the First Place
The Court of Appeals for the Third Circuit has vacated a judgment on the pleadings in favor of a defendant and remanded a Fair Debt Collection Practices Act case back to the District Court in order to determine whether the plaintiff had standing to sue in the first place. A …
Read More »Trio of Reg F Class Actions Accuse Collectors of Not Including Validation Information in Letters
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon …
Read More »Second Circuit Rules CFPB Funding Structure is Constitutional in Affirming CID Against Collection Law Firm
The Court of Appeals for the Second Circuit today issued a ruling that upheld a lower court’s decision to grant a petition from the Consumer Financial Protection Bureau to enforce a Civil Investigative Demand against a collection law firm, determining in the process that the funding structure of the Bureau …
Read More »Daily Digest – March 23. Getting to Know Linda Dameron of Crown Asset Management; Judge Grants MTD in FDCPA Case
GETTING TO KNOW LINDA DAMERON OF CROWN ASSET MANAGEMENT “Practice makes progress” isn’t just the best advice that Linda Dameron has ever received; it is the mantra that has helped propel her to four promotions in 12 years at Crown Asset Management. And she’s nowhere near being done yet. Then …
Read More »Pushing Back on Medical Bills Yields Results: Survey
Most consumers don’t challenge medical bills they get from doctors and hospitals, according to the results of a recent poll. But of those who do challenge the bills, the majority of them are successful in getting the disputed charges removed or reduced. Nearly two-thirds of consumers have never challenged the …
Read More »Bipartisan Bill Introduced in Senate to Revamp Oversight of Fed, CFPB
Politics makes strange bedfellows, the saying goes. There might not be a stranger pair than Sen. Elizabeth Warren [D-Mass.] and Sen. Rick Scott [R-Fla.], who have joined together to introduce a bill that would replace the Inspector General at the Federal Reserve with an independent Inspector General who would be …
Read More »Judge Grants MTD in FDCPA Case Over Collection Lawsuit Issues
A District Court judge in Oregon has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act, ruling that the law’s statute of limitations precludes one of the plaintiff’s claims while the other — a “minor procedural misstep” as described by the …
Read More »Getting to Know Linda Dameron of Crown Asset Management
“Practice makes progress” isn’t just the best advice that Linda Dameron has ever received; it is the mantra that has helped propel her to four promotions in 12 years at Crown Asset Management. And she’s nowhere near being done yet. Then again, being outside of her comfort zone is where …
Read More »Daily Digest – March 22. Judge Denies MTD in FCRA Case Over Canceled Debt; Bill Introduced in Illinois to Ease Medical Debt Burden
JUDGE DENIES MTD IN FCRA CASE OVER CANCELED DEBT A District Court judge in Louisiana has denied a motion to dismiss filed by two defendants sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff has sufficiently alleged that one of the defendants willfully violated the relevant …
Read More »AHA Pushes Back on Medical Debt Report
The American Hospital Association is fighting back after a report was released last week that said about 15% of all non-elderly adults are carrying some amount of unpaid medical debt, saying that the report failed to mention the underlying root-causes of the problem while also failing “to appreciate the looming …
Read More »Judge Denies MTD in FCRA Case Over Canceled Debt
A District Court judge in Louisiana has denied a motion to dismiss filed by two defendants sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff has sufficiently alleged that one of the defendants willfully violated the relevant provisions of the statute and that the other defendant’s …
Read More »Bill Introduced in Illinois to Ease Medical Debt Burden
The Illinois legislature is considering a bill that would require hospitals screen individuals without health insurance before initiating any collection activity while also prohibiting the sale of medical debt. To help advance the legislation and bring attention to the medical debt problem in Illinois, the Illinois Coalition for Immigrant and …
Read More »22 Companies Seeking Collection Talent
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any …
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