Recent Posts

Appeals Court Overturns FDCPA Suit Based on SOL Calculation

It might have to do with a mortgage, which is something we do not normally address when it comes to the Fair Debt Collection Practices Act, but a ruling from the Eleventh Circuit Court of Appeals seemed interesting because it dealt with assumptions for how long it took a communication …

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Minnesota Agency Lays Off 250 Workers

A collection agency in Minnesota that specializes in student loans has filed a notice with the state that it is laying off nearly 250 workers from three different locations, according to a published report. National Recoveries Inc. notified the Minnesota Department of Employment and Economic Development last week of the …

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FCC Formally Announces STIR/SHAKEN Deadline

Meeting via conference call yesterday, the Federal Communications Commission has formally adopted a rule that will require phone carriers to deploy STIR/SHAKEN call authentication technology by June 30, 2021. STIR/SHAKEN is technology that allows a carrier to verify the caller ID information matches the caller’s actual phone number. It is …

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Details About Relief Available Through CARES Act

Information about the relief packages that are being made available through the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was signed into law week, is now starting to be released, and offers insights and guides to help companies that might be interested in applying for loans or grants. …

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More Healthcare Facilities Stopping Debt Collection Activities

A growing number of healthcare organizations are announcing that they are stopping all debt collection activities to help individuals suffering financially through the coronavirus pandemic. TRA Medical Imaging, which bills itself as one of the nation’s largest physician-owned imaging practices in the nation, serving 12 outpatient facilities in the Pacific …

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Illinois Issues Guidance To Licensed Agencies

The Illinois Department of Financial and Professional Regulation released guidance yesterday, advising collection agencies about what to do if they wish to have employees work from home, and encouraging collection agencies and debt buyers to suspend all collection activity for the next 60 days. A copy of the guidance can …

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Bona Fide Error Defense Nets Defendant MSJ in FDCPA Case

A District Court judge in Wisconsin has granted summary judgment to a defendant in a Fair Debt Collection Practices Act case after the defendant invoked the bona fide error defense because it used a creditor-approved abbreviation to reference the name of a creditor in a collection letter. A copy of …

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CFPB Task Force Seeking Answers About Regulations

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A task force created by the Consumer Financial Protection Bureau to examine consumer financial law has issued a Request for Information, seeking answers to two dozen questions about how well the financial markets are functioning for consumers. The task force was launched in January and includes five individuals: Todd J. …

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